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England scraps quarantine for fully vaccinated EU, U.S. visitors

by AIP Online Bureau | Jul 28, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

London: England will allow fully vaccinated visitors from the European Union and United States to arrive without needing to quarantine from next week, in a huge and long-awaited boost for airlines and travel companies. Britain's travel industry has criticised the...

COVID-19 infections rise, Delta variant spreads to 132 countries: WHO

by AIP Online Bureau | Jul 28, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  Geneva: The global number of new COVID-19 cases reported last week (19-25 July) was over 3.8 million, an 8 per cent increase as compared to the previous week, the UN health agency reported on Wednesday. The latest data from the World Health Organization (WHO)...

New York city to offer 100 dollars for vaccination

by AIP Online Bureau | Jul 28, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic, Policy

New York City is offering residents 100 dollars to get vaccinated against COVID-19 as the highly contagious delta variant spreads throughout the United States fuelling a surge in new infections. The Hill quoted city mayor Bill de Blasio (D) as saying that New York...

World faces shortage of merchant sailors to crew ships -study

by AIP Online Bureau | Jul 28, 2021 | Eco/Invest/Demography, International News, Non-Life, Pandemic

  LONDON: There could be a shortage of merchant sailors to crew commercial ships in five years if action is not taken to boost numbers, raising risks for global supply chains, a report said on Wednesday. The shipping industry is already struggling with crewing...

Domestic operators lead in growing Indian e-commerce market: Fitch

by AIP Online Bureau | Jul 28, 2021 | Eco/Invest/Demography, Indian News, Technology

  New Delhi: Rising internet usage, increasing middle class with greater consumer spending power and the youth demographic representing a greater share of the country's population are driving the Indian e-commerce market's ongoing development, Fitch...

Depositors to get up to Rs 5 lakh within 90 days of banks being put under moratorium: Centre

by AIP Online Bureau | Jul 28, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

  New Delhi: Union Cabinet on Wednesday cleared amendments in Deposit Insurance and Credit Guarantee Corporation Act, 1961, (DICGC Act),facilitating any bank depositors to get Rs 5 lakh on their deposits within 90 days of the moratorium..  It means that...

Cost of data breach hits record high during pandemic: IBM

by AIP Online Bureau | Jul 28, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Technology

New Delhi: Security incidents became more costly and harder to contain due to drastic operational shifts during the pandemic with the cost of data breaches to Indian organisations rising close to 18 percent to Rs 16.5 crore on an average between May 2020 and March...

Guidelines for ex-gratia payment to kin of Covid victims under consultation: Govt

by AIP Online Bureau | Jul 28, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Preparation of guidelines for providing ex-gratia assistance to the family members of COVID-19 victims is "under consultation" with all the stakeholders, the government informed Parliament on Wednesday. "The Hon'ble Supreme Court...

Cabinet approves multilateral MoU signed by IFSCA

by AIP Online Bureau | Jul 28, 2021 | Indian News, Non-Life, Policy, Regulation, Reinsurance

  New Delhi: The Cabinet on Wednesday approved a multilateral MoU signed between the International Financial Services Centres Authority (IFSCA), International Organization of Securities Commissions (IOSCO), and International Association of Insurance Supervisors...

India contests Cambodia’s claim of buffalo meat infected with COVID-19

by AIP Online Bureau | Jul 28, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

MUMBAI: India on Wednesday contested Cambodia's claims that Indian buffalo meat was infected with COVID-19, saying it exports the meat only after getting COVID-free certification. Cambodia earlier this week said three out of five containers of frozen buffalo meat...
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