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Chardham Yatra : 39 pilgrims die on route due to health reasons

by AIP Online Bureau | May 16, 2022 | Health, Indian News

“Most of the deaths of all the pilgrims have taken place on the travel routes. The cause of death of all has been high blood pressure, heart attack, and mountain sickness,” said Uttarakhand Director-General Health Dr Shailja Bhatt As many as 39 pilgrims...
Paytm drops plans to acquire Raheja QBE General, to file for a new general insurance license

Paytm drops plans to acquire Raheja QBE General, to file for a new general insurance license

by AIP Online Bureau | May 16, 2022 | Indian News, Non-Life, Regulation

Vijay Shekhar Sharma, founder and CEO, Paytm The company in the exchange filing said, ”Our associate company, Paytm Insuretech Private Limited, had entered into a share purchase agreement to acquire 100% of Raheja QBE General Insurance Company Limited. As the...
Poor workers bear the brunt of India’s heatwave

Poor workers bear the brunt of India’s heatwave

by AIP Online Bureau | May 16, 2022 | Climate, Environment, Renewable Energy, Health, Indian News, Policy, Workplace/Employee Benefits

More than two dozen people have died of suspected heat strokes since late March, and power demand has hit multi-year highs Federal government data showed that heat stress was the most-common cause of death, after lightning, from forces of nature in the last twenty...

Cryptos pose a bigger threat to the stability of country’s financial system, say RBI officials to Parliamentary panel

by AIP Online Bureau | May 15, 2022 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology

Pointing out that cryptocurrencies have the potential to be a medium of exchange and replace the rupee in financial transactions both domestic and cross border, central bank officials said these currencies “can replace a part of monetary system it will also...

How Omicron infection turbo-charges vaccinated people’s immunity

by AIP Online Bureau | May 15, 2022 | Eco/Invest/Demography, Facts, Health, Pandemic

The findings offer a reassuring sign that the millions of vaccinated people who’ve caught omicron probably won’t become seriously ill from another variant soon — even though the research needs to be confirmed, especially by real-world evidence People who are...
IMD issues two-day red alert in five Kerala districts ahead of monsoons

IMD issues two-day red alert in five Kerala districts ahead of monsoons

by AIP Online Bureau | May 15, 2022 | Disaster & Management, Indian News

“We held a meeting on Saturday, chaired by the Chief secretary. Directions have been issued to all district collectors and other concerned authorities. As of now, the rivers are not overflowing. We have issued special directions to hilly districts and hazard...

Cryptocurrencies: why they’ve crashed and what it could mean for their future

by AIP Online Bureau | May 15, 2022 | Articles, Eco/Invest/Demography, Trends, Facts, Wealth Management/ Philanthropy

Crucially, the recent major falls in cryptocurrencies have called into question just how stable stablecoins are. After all, they are designed to have practically zero volatility by maintaining a “peg” to some other underlying asset If you had invested £100...

Airbnb’s move to offering meaningful customer service for guests

by AIP Online Bureau | May 15, 2022 | Facts, Non-Life, Workplace/Employee Benefits

Beyond modifications to its user interface and nifty new bells and whistles, it’s also addressing one of the company’s greatest pain points: poor consumer protections for guests. The new policy will cover not just problems that arise after check-in, but incidents...

Frauds in PSBs dip 51 pc to Rs 40,295 crore; number of cases not falling fast enough: RBI

by AIP Online Bureau | May 15, 2022 | Banking & Bancassurance, Indian News, Regulation

According to the RBI data on frauds reported by PSBs in all categories during FY22, the highest amount of Rs 9,528.95 crore was reported by the city-based Punjab National Bank (PNB), involving 431 such incidents The country’s largest lender State Bank of India...

Foreign investors’ relentless selling continues; pull out Rs 25,200 cr from equity mkt in May so far

by AIP Online Bureau | May 15, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Going ahead, FPIs selling will continue in the coming weeks as heat waves in the market and outside will make investors sweat a bit more, Vijay Singhania, Chairman, TradeSmart, said, adding that the selling has resulted in FPI’s stake in Indian companies falling...
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