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Over 5 lakh cos went out of biz, 7 lakh new cos registered in nearly 6 years: Official data

by AIP Online Bureau | Nov 29, 2021 | Eco/Invest/Demography, Indian News, Policy, Workplace/Employee Benefits

So far this financial year starting from April 1, 2021, a total of 22,557 companies have been deregistered, whereas 1,09,098 new companies have been set up. In the last nearly six years, the maximum number of companies were shuttered in 2017-18 at 2,36,262 and the...

Omicron poses “very high” global risk, world must prepare -WHO

by AIP Online Bureau | Nov 29, 2021 | Eco/Invest/Demography, Health, International News, Pandemic, Workplace/Employee Benefits

“The overall global risk related to the new variant …is assessed as very high.” To date, no deaths linked to Omicron had been reported, though further research was needed to assess Omicron’s potential to escape protection against immunity induced by...

Pandemic hits Profitability of life insurers in Q1 FY2022, New Business to resume growth in H2 FY2022:Icra

by AIP Online Bureau | Nov 29, 2021 | Indian News, Life, Pandemic, Workplace/Employee Benefits

While the profitability for select private players remains at similar levels in FY2021 with PAT of Rs. 59.6 billion (Rs. 55.4 billion in FY2020), the median ROE for select private players had been declining since FY2018 due to losses at certain smaller players, and a...

Diet more effective than drugs for anti-ageing and good metabolic health: Study

by AIP Online Bureau | Nov 29, 2021 | Facts, Health

The pre-clinical study by the University of Sydney’s Charles Perkins Centre suggested the makeup of our diet could be more powerful than drugs in keeping conditions like diabetes, stroke and heart disease at bay “We all know what we eat influences our...
No proposal to recognise Bitcoin as a currency: FM

No proposal to recognise Bitcoin as a currency: FM

by AIP Online Bureau | Nov 29, 2021 | Eco/Invest/Demography, Indian News, Technology

Finance Minister Nirmala Sitharaman The government plans to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 in the ongoing Winter Session of Parliament. The Bill seeks to ban all but a few private cryptocurrencies to promote...
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