by AIP Online Bureau | Jun 13, 2021 | Banking & Bancassurance, Indian News, Life
New Delhi: In line with the proposed deal, Axis Bank is likely to raise its stake in Max Life Insurance to about 20 percent over the next 12-18 months, said the insurance company's CEO Prashant Tripathy said. Currently, Axis Bank and its two subsidiaries...
by AIP Online Bureau | Jun 13, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic, Pension & Social Security
Former RBI Governor D Subbarao has expressed concerns over "extreme unevenness" in economic recovery and "sharpening inequalities" between upper income segments and lower income households in the country, cautioning that the trend will hit...
by AIP Online Bureau | Jun 13, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic, Policy
New Delhi: The government has asked all ministries and government departments to target 20 per cent reduction in expenditures like domestic and foreign travel, overtime allowance, rent and office expenses, in the current fiscal year as it tightens its purse strings...
by AIP Online Bureau | Jun 13, 2021 | Facts, Health, Non-Life
Three-year-old Ayaansh Gupta from Hyderabad, suffering from a rare disease Spinal Muscular Atrophy (SMA), has been administered with the world's most expensive medicine ZOLGENSMA, after his parents mobilised Rs 16 crore through crowd-funding. Ayaansh, son...
by AIP Online Bureau | Jun 13, 2021 | Eco/Invest/Demography, Health, Intermediaries, International News, Life, Non-Life, Pandemic
The world’s emergence from the coronavirus pandemic is set to unleash a wave of spending by older consumers, with increasing opportunities for investors in aging-linked stocks. That’s the view of money managers who see huge pent-up demand from...
by AIP Online Bureau | Jun 12, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic
;New Delhi: Prime Minister Narendra Modi on Saturday called for following a “one earth, one health” approach to effectively deal with the coronavirus pandemic globally, and sought the support of the G7 grouping to lift patent protections for...
by AIP Online Bureau | Jun 12, 2021 | Facts, Technology
An auction for a ride into space next month alongside Jeff Bezos and his brother ended with a winning $28 million bid Saturday. The Amazon founder's rocket company, Blue Origin, did not disclose the winner's name following the live online auction. The identity...
by AIP Online Bureau | Jun 12, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology
China's internet watchdog has issued notices to the operators of 129 smartphone applications, including several news apps, for illegally collecting or using consumers' personal information. Popular news aggregation app Jinri Toutiao developed by TikTok owner...
by AIP Online Bureau | Jun 12, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life
Jaipur: Dubbing the second wave of coronavirus infection as "deadly", Chief Minister Ashok Gehlot on Saturday said various mental health problems are being seen among people due to this. "The state government is cautious about this and directions...
by AIP Online Bureau | Jun 12, 2021 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
There appears to be no substantial evidence to suggest that children will be more affected or have greater illness severity due to Covid-19 in the anticipated third wave, according to a new report. The Lancet Covid-19 Commission India Task Force prepared the report...
