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New airports being constructed in India at unprecedented speed: PM

by AIP Online Bureau | Aug 16, 2021 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: The speed with which new airports are being constructed and the UDAN scheme is covering the far-flung areas of the country is unprecedented, Prime Minister Narendra Modi said in his Independence Day speech on Sunday. The Centre has accorded...

PE/VC investments touch all-time high of $ 9.5 bn in July: Report

by AIP Online Bureau | Aug 16, 2021 | Eco/Invest/Demography, Indian News

  New Delhi: Investments by private equity and venture capital funds doubled to a record high of USD 9.5 billion in July mainly driven by higher investor interest in the e-commerce sector, a report said on Monday. Private equity (PE) and venture capital (VC)...

Biz activity last week higher than pre-COVID level for first time: Report

by AIP Online Bureau | Aug 16, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

Mumbai: Business activity rose for the second consecutive week, crossing the pre-pandemic level for the first time since the onset of the COVID-19 disruption in March 2020, a Japanese brokerage said on Monday. The Nomura India Business Resumption Index (NIBRI), which...

Official: China’s growth likely to slow due to virus, floods

by AIP Online Bureau | Aug 16, 2021 | Disaster & Management, Eco/Invest/Demography, International News

Beijing: China's economic growth will soften this year due to summer flooding and anti-coronavirus controls, an official said Monday, after consumer sales and other activity weakened in July. China's economy still is in a "recovery trend" from last...

Extreme weather makes everything harder, except climate-risk analysis

by AIP Online Bureau | Aug 16, 2021 | Articles, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance

   Kate Mackenzie It’s been a momentous week for our understanding of the effects of greenhouse gas emissions. The Intergovernmental Panel on Climate Change’s sixth report on the physical science of global warming last Monday brought home the...

Air India cancels its only Kabul flight, diverts 2 US-Delhi flights

by AIP Online Bureau | Aug 16, 2021 | Indian News, Non-Life, Risk Management

  New Delhi: Air India cancelled its Delhi-Kabul-Delhi flight that was scheduled to operate on Monday to avoid Afghanistan airspace after it was declared "uncontrolled" by authorities at the Kabul airport, senior officials said. It was the only...

2 Men who conned pensioners pan India of lakhs held

by AIP Online Bureau | Aug 16, 2021 | Indian News, Pension & Social Security

Lucknow: The UP Cyber cell has arrested two persons who posed as treasury officials and duped retired government officials. Five members of their gang are still at large. The two arrested, identified as Pramod Mandal and Mantu Kumar Mandal, had allegedly duped several...

Ola drives in e-scooter tagged at Rs 99,999 onwards; deliveries to commence in Oct

by AIP Online Bureau | Aug 16, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Technology

  Bengaluru: Ola Electric on Sunday forayed into the green mobility space with the launch of its first electric scooter, Ola S1, at a price starting from Rs 99,999 (ex-showroom). The Ola S1 electric scooter would come in two trims — S1 and S1 Pro —...

Versius robotic surgery redefines the Indian healthcare sector

by AIP Online Bureau | Aug 16, 2021 | Facts, Health, Non-Life, Technology

Mumbai: There has been a major shift in the mindset from a few years back to now, people always felt Robotic surgery is too expensive and out of their reach. Due to the innovation in tech and rising awareness towards Robotic Surgery, this technology would soon become...

China steps up crackdown on insurance technology companies

by AIP Online Bureau | Aug 15, 2021 | International News, Life, Non-Life, Technology

  China’s banking and insurance watchdog is stepping up scrutiny of the nation’s insurance technology platforms, widening a regulatory dragnet that has roiled global investors. The regulator ordered companies and local agencies to curb improper...
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