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In the future, scientists feel Covid will resemble the common cold-causing virus

by AIP Online Bureau | Jan 13, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

NEW DELHI: SARS-CoV-2, the virus that causes Covid-19, may resemble the mild cold-causing coronaviruses that currently circulate in humans if it becomes endemic and most people are exposed in childhood, according to a study. The modelling study, published on Tuesday...

RBI forms panel to look into digital lending practices

by AIP Online Bureau | Jan 13, 2021 | Eco/Invest/Demography, Indian News

  MUMBAI: The Reserve Bank of India said on Wednesday it had formed a working group to look into digital lending practices, following reports of policy violations and borrower harassment by several digital lending apps in India. The recent spurt of popularity of...

PayTM sees surge in the use of its payment platforms, could turn profitable in 2021

by AIP Online Bureau | Jan 13, 2021 | Eco/Invest/Demography, Indian News

  LONDON: Indian fintech giant PayTM may turn profitable this year as the pandemic fuels a surge in the use of its payment platforms, the company’s chief executive and founder told the Reuters Next conference. Speaking at a panel on how technology can help...

India wants Pfizer to do local study before approval

by AIP Online Bureau | Jan 13, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic, Risk Management

  NEW DELHI: Any vaccine maker, including Pfizer Inc that has sought emergency-use authorisation for its COVID-19 shot in India, must conduct an additional local study to be considered for the country’s immunisation programme, a senior government official...

China-backed AIIB to support COVID-19 vaccine rollout, expects steady lending this year

by AIP Online Bureau | Jan 13, 2021 | Eco/Invest/Demography, Health, International News, Pandemic

The Beijing-backed Asian Infrastructure Investment Bank (AIIB) will follow other development banks in helping to finance the rollout of COVID-19 vaccines, its president said on Wednesday, while its total lending in 2021 will be similar to last year's. "The...
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