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Rs 500-cr COVID claims leave ICICI Prudential in the red with Rs 186 cr Q1 net loss

by AIP Online Bureau | Jul 20, 2021 | Indian News, Life

  Mumbai: ICICI Prudential Life on Tuesday opened the earnings seasons for the life insurance sector with a massive Rs 500 crore claims arising due to the coronavirus pandemic, leading to a Rs 186-crore net loss for the June quarter. The second-largest private...

Pension money to soon be allowed into IPOs, NSE-200 companies: PFRDA

by AIP Online Bureau | Jul 20, 2021 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

  Mumbai: Pension fund managers (PFMs) will soon be allowed to invest in initial public offerings, and also in a broader list of stocks, a top official from sector regulator PFRDA said on Tuesday. The Pension Regulatory and Development Authority (PFRDA) is aiming...

With vaccinated support staff, primary schools can open: ICMR

by AIP Online Bureau | Jul 20, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic

  NEW DELHI: Once India starts reopening schools, it will be wise to being with the primary section as children have a lower number of ace receptors to which virus attaches, making them much better at handling viral infections than adults, said ICMR Director...

Two-thirds of Indians have coronavirus antibodies, survey shows

by AIP Online Bureau | Jul 20, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi: Two-thirds of India's population have antibodies against the coronavirus, according to data released on Tuesday from a survey of 29,000 people across the nation conducted in June and July. The fourth national blood serum survey which tests for...

Indian shares fall on mixed corporate results, global selloff

by AIP Online Bureau | Jul 20, 2021 | Eco/Invest/Demography, Indian News

  BENGALURU: Indian shares fell on Tuesday as mixed corporate earnings and a global selloff sparked by a surge in Delta variant infections weighed on sentiment. By 0518 GMT, the NSE Nifty 50 index was down 0.94% at 15,604.65 and the S&P BSE Sensex was down...

No Caste Census Other Than SCs, STs: Govt

by AIP Online Bureau | Jul 20, 2021 | Eco/Invest/Demography, Indian News, Policy

New Delhi: The government has decided as a matter of policy not to enumerate caste-wise population other than SCs and STs in census, Lok Sabha was informed on Tuesday. Union Minister of State for Home Nityanand Rai also said that according to the provisions of the...

India’s excess deaths during pandemic up to 4.9 million, study shows ​​​​​​​

by AIP Online Bureau | Jul 20, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: India's excess deaths during the COVID-19 pandemic could be as high as 4.9 million, according to a new study that provides further evidence that millions more may have died from coronavirus than the official tally. The report by the...

Expected to vaccinate 60 per cent population within two-three months: Kerala to SC

by AIP Online Bureau | Jul 20, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Kerala government has told the Supreme Court that it is "vigorously vaccinating" people against COVID-19 and is expected to inoculate at least 60 percent of its population within two or three months. In an affidavit filed in the apex court...

Dabur India expects strong consumer demand for Ayurvedic healthcare products

by AIP Online Bureau | Jul 20, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: FMCG major Dabur India expects strong consumer demand for Ayurvedic healthcare products and medicines to make up for any loss in the discretionary products business in case the COVID-19 pandemic worsens, according to company Chairman Amit Burman. In...

Pandemic recovery to push emissions to all-time high – IEA

by AIP Online Bureau | Jul 20, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Pandemic

The global rebound from the COVID-19 pandemic is set to drive emissions of greenhouse gases that stoke climate change to all-time highs, the Paris-based International Energy Agency said in a report on Tuesday. "We estimate that full and timely implementation of...
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