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India’s Covid situation stabilising, positivity rate has dipped: Govt

by AIP Online Bureau | May 15, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi: The overall COVID-19 situation in the country is stabilizing and the government will work towards ensuring further stabilisation, NITI Aayog member V K Paul said on Saturday. At a press conference on Saturday, top health officials said 10 states account for...

India’s Dr. Reddy’s to get 36 mln doses of Sputnik V vaccine in next few months

by AIP Online Bureau | May 15, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

  Indian drugmaker Dr. Reddy's Laboratories Ltd said on Friday it expects to get 36 million doses of Sputnik V COVID-19 vaccine in the next couple of months under its contract with Russia's sovereign wealth fund. India's catastrophic second wave of...

Cairn Energy sues Air India to enforce $1.2 bln arbitration award – court filing

by AIP Online Bureau | May 15, 2021 | Indian News, Policy, Risk Management

  Washington,May 15: Cairn Energy has sued India’s flagship carrier Air India to enforce a $1.2 billion arbitration award that it won in a tax dispute against India, according to a U.S. District Court filing reviewed by Reuters. The move ratchets up...

UK to speed up vaccinations, warns Indian variant may delay full reopening

by AIP Online Bureau | May 15, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

Prime Minister Boris Johnson said on Friday Britain would accelerate its COVID-19 vaccination programme, to try to contain a fast-spreading variant first identified in India that could knock a re-opening of the economy off track. The United Kingdom has delivered one...

India’s Covid crisis hits work at ports as risk to global trade grows

by AIP Online Bureau | May 15, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Reinsurance

India’s devastating Covid-19 crisis is threatening operations at some of its biggest ports, raising concern the action could trigger shipping delays that reverberate through global supply chains. Karaikal Port in southern India invoked force majeure until May 24...
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