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IMF board forms group to review data integrity after World Bank scandal

by AIP Online Bureau | Dec 18, 2021 | Eco/Invest/Demography, Facts, International News

“As part of this effort, the Board’s steering group and the staff working groups will take stock of current procedures and systems in place, assess their effectiveness, and recommend improvements as needed to ensure that arrangements reflect best...

Indian Diagnostic industry may log 55 pc revenue growth in FY22: Report

by AIP Online Bureau | Dec 18, 2021 | Data

The diagnostics industry led by national-level players like Lal Pathlabs, Metropolis Healthcare, Thyrocare Technologies, SRL, Vijaya Diagnostic Centre, Krsnaa Diagnostics, saw a sharp 74 per cent jump in revenue in April-September partly due to low base and partly due...

Biden’s highway safety pick vows to reduce US traffic deaths

by AIP Online Bureau | Dec 18, 2021 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

An estimated 38,680 people were killed in traffic crashes in 2020, the most since 2007 in USA , even though total miles driven dropped at the beginning of the pandemic. In the first three months of 2021, 8,730 people died in motor vehicle traffic crashes, a 10.5%...

World coal power demand to hit new high after China, India, U.S. surge,undermining greenhouse gas emissions, – IEA

by AIP Online Bureau | Dec 18, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

IEA Executive Director Fatih Birol said the increase was “a worrying sign of how far off track the world is in its efforts to put emissions into decline towards net zero.” Rising consumption in China, India and the United States could bring global...

Tesla faces investor lawsuit over Musk tweets on 10% stock sales

by AIP Online Bureau | Dec 18, 2021 | International News, Technology

The lawsuit, filed with the Delaware Court of Chancery on Thursday, seeks to obtain records and books related to his tweets, including documents to identify whether the stock sales tweets were reviewed or pre-approved in advance In 2018, Musk settled a lawsuit by the...
Fitch downgrades Sri Lanka’s sovereign rating to ‘CC’

Fitch downgrades Sri Lanka’s sovereign rating to ‘CC’

by AIP Online Bureau | Dec 18, 2021 | Eco/Invest/Demography, International News, Risk Management

”The downgrade reflects our view of an increased probability of a default event in coming months in light of Sri Lanka’s worsening external liquidity position, underscored by a drop in foreign-exchange reserves set against high external debt payments and...

WHO lists 9th COVID-19 vaccine Covovax for emergency use

by AIP Online Bureau | Dec 18, 2021 | Facts, Pandemic

The vaccine, Covovax, is produced by the Serum Institute of India, under licence from Novavax, and will now be part of the COVAX facility portfolio, boosting efforts to vaccinate more people in lower-income countries. WHO Assistant-Director General for Access to...

Competition Comm suspends approval for Amazon-Future Coupons deal; slaps Rs 202 cr penalty on e-retaile

by AIP Online Bureau | Dec 18, 2021 | Indian News, Policy

The watchdog noted that Amazon had failed to disclose true and complete details of the purpose of the combination, which were required to be given while seeking the approval New Delhi: In a significant development, the Competition Commission on Friday suspended its...

Bajaj Allianz General Insurance launches health product

by AIP Online Bureau | Dec 18, 2021 | Indian News, Non-Life, Technology

Bajaj Allianz General Insurance on Friday launched a new product in its health insurance vertical offering cashless facilities in four key areas — tele-consultation, doctor consultation, investigations, and annual preventive health check-up covers. Called...

CDC advisory prefers Pfizer , Moderna Covid vaccines over J&J shot

by AIP Online Bureau | Dec 17, 2021 | Health, International News, Non-Life, Pandemic, Workplace/Employee Benefits

The CDC’s advisers said Thursday that it was time to recognize a lot has changed since vaccines began rolling out a year ago. More than 200 million Americans are considered fully vaccinated, including about 16 million who got the J&J shot Most Americans...
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