by AIP Online Bureau | Dec 6, 2021 | Indian News
”Concerns over the new variant of Covid and the upcoming RBI meeting on interest rate kept the market volatile,” Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services Ltd said. Mumbai:Investors’ wealth tumbled Rs...
by AIP Online Bureau | Dec 6, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Pandemic, Policy
While, as many as 8.5 lakh accounts of individual borrowers of over Rs 60,000 crore have also been restructured New Delhi:Public sector banks (PSBs) effected restructuring of 9.8 lakh accounts of micro, small and medium enterprises, due to the impact of Covid-19...
by AIP Online Bureau | Dec 6, 2021 | Data, Eco/Invest/Demography
According to official data, assets under management of discretionary and non-discretionary PMS (non-EPFO) stood at Rs 3.97 lakh crore at the end of October 2021 New Delhi:With sophisticated investors looking beyond traditional retail-oriented investments, Portfolio...
by AIP Online Bureau | Dec 6, 2021 | Eco/Invest/Demography, Indian News, Pension & Social Security, Workplace/Employee Benefits
Supratim Bandyopadhyay,Chairman,PFRDA “Over a period of 12 years, the returns under equity schemes are more than 12 per cent, and in government securities, it was close to 9.9 per cent, and in corporate bonds, despite some credit events that we have seen, we...
by AIP Online Bureau | Dec 6, 2021 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Pandemic
While the Covid-19 crisis is not over yet with the new super mutant Omicron spreading to 38 countries, the next pandemic could be even more lethal, said the creator of the Oxford/AstraZeneca vaccine Professor Sarah Gilbert. Delivering the 44th Richard Dimbleby...
by AIP Online Bureau | Dec 6, 2021 | Health, International News, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits
“The world is a more volatile place and the importance of better decision making has never been greater, said Lambros Lambrou, CEO of Commercial Risk Solutions at Aon “Long-tail risks are not single events. They’re innately interconnected, as we’ve seen with the...
by AIP Online Bureau | Dec 6, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic
In view of loss of life during the second wave of the COVID-19 pandemic, the committee noted that the measures taken by the health ministry to contain or prevent the spread of SARS-COV-2 proved to be squarely inadequate and suggested that the focus should be on...
by AIP Online Bureau | Dec 6, 2021 | Articles, Eco/Invest/Demography, Health, Pandemic, Workplace/Employee Benefits
Currently fewer than 200 genetic sequences of Omicron have been compiled compared with more than 2.8 million Delta sequences. Delta remains the most dominant variant. So we should continue to use vaccines and therapies we know work against Delta. By Adam Taylor, Early...
by AIP Online Bureau | Dec 6, 2021 | Indian News, Non-Life, Policy, Regulation
Driving without insurance will be punishable with Rs 2,000 compounding fees State transport commissioner Avinash Dhakane said the hike in compounding fees will help bring down accidents and ensure discipline among the citizens. “This will help improve overall...
by AIP Online Bureau | Dec 6, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
According to official data, 8.29 lakh persons underwent treatment using the Ayushman Bharat Yojana card during the first and second waves of the pandemic, but only 22 persons of Bihar availed treatment under the scheme Patna: Only 22 persons in Bihar were treated for...