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Covid: India’s ‘R’ number more than 1 in eight states, says govt

by AIP Online Bureau | Aug 3, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy

New Delhi: The case trajectory of Covid-19 in India has registered substantial decline, from over four lakhs per day at the peak of the second wave to 30,549 on August 3, said Joint Secretary in the Union Health Ministry, Luv Agrawal, at a press conference here on...

UAE lifts ban on transit flights including from India and Pakistan

by AIP Online Bureau | Aug 3, 2021 | Health, International News, Non-Life, Pandemic

DUBAI: The United Arab Emirates will on Thursday lift a ban on transit flights including from India and Pakistan, the National Emergency and Crisis Management Authority (NCEMA) said on Tuesday. India and Pakistan are important markets for Emirates, Etihad Airways and...

Maha govt announces Rs 11,500-crore package for aid to flood victims, repair works

by AIP Online Bureau | Aug 3, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life

  Mumbai: The Maharashtra government on Tuesday announced a Rs 11,500-crore financial package for rain and flood-affected people besides for repair works and reconstruction of roads and other critical infrastructure damaged in the deluge last month. A part of the...

India’s female labour participation rate falls to 16.1% as pandemic hits jobs

by AIP Online Bureau | Aug 3, 2021 | Eco/Invest/Demography, Indian News

  Mumbai: Female labour participation rate in India fell to 16.1% during the July-September 2020 quarter, the lowest among the major economies, a government report said, reflecting the impact of pandemic and a widening job crisis. The percentage of women in the...

‘Anti-aging freak’ gets $817 million haul in Japan’s hottest stock

by AIP Online Bureau | Aug 3, 2021 | Eco/Invest/Demography, Facts

Kiyoshi Matsuura was so worried about growing old that he started using an anti-baldness treatment as a teenager. It was an obsession that went on to define his life. The Japanese entrepreneur continued to experiment with various supplements and other products, and...

‘By 2030, India might lead the world in almost every category’

by AIP Online Bureau | Aug 3, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic

  Washington: By 2030, India might lead the world in every category, a former top America's diplomat has said asserting that the two largest democracies of the world can do much together. “I look out at the year 2030, for example, and I see an India...

Aon’s looking at up to $1.4 bln in costs over scrapped Willis deal

by AIP Online Bureau | Aug 3, 2021 | Intermediaries, International News, Non-Life, Reinsurance

  Insurance broker Aon Plc said it could have to expend up to $400 million in additional costs tied to the termination of its mega merger deal with Willis Towers Watson, over and above the $1 billion it was required to pay. The extra costs, which would range...

Indian carmakers renew bid to delay tougher fuel efficiency rules -sources

by AIP Online Bureau | Aug 3, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Risk Management, Technology

  NEW DELHI: Indian automakers are making a renewed push for more time to meet tighter rules on fuel efficiency, aimed at reducing carbon emissions, as companies still reel from the financial impact of COVID-19, sources told Reuters. The industry body leading the...

Descartes Underwriting opening 2 offices in Asia-Pacific

by AIP Online Bureau | Aug 3, 2021 | International News, Non-Life, Reinsurance

  Paris: Paris based Descartes Underwriting will open 2 offices in Asia-Pacific this month to expand their parametric coverage to markets throughout the region. Robert Drysdale has joined as Head of Southeast Asia and will oversee the Singapore office. He brings 14...

Financial regulators urgently need to get a grip on ‘Big Tech’: BIS

by AIP Online Bureau | Aug 3, 2021 | Banking & Bancassurance, Eco/Invest/Demography, International News, Policy, Regulation, Risk Management

LONDON: Central banks and financial regulators urgently need to get to grips with the growing influence of 'Big Tech', according to top officials from central bank umbrella group the Bank for International Settlements (BIS). Global watchdogs are increasingly...
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