by AIP Online Bureau | Jun 3, 2021 | Indian News, Policy
New Delhi: Noting instances of retired officials taking up jobs in private sector organisations soon after their retirement, the Central Vigilance Commission (CVC) on Thursday said acceptance of such an employment offer without the completion of mandatory...
by AIP Online Bureau | Jun 3, 2021 | Eco/Invest/Demography, International News
Private equity firms have spent nearly $40 billion buying U.S. insurance companies in recent years, promising to earn higher returns on the mountains of money that insurers set aside to pay policyholders years or decades from now. The firms are moving some of...
by AIP Online Bureau | Jun 3, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
India's government signed its first purchase order for unapproved COVID-19 vaccines on Thursday, a day after it faced criticism from the top judiciary about a bungled vaccine rollout that has left millions of people vulnerable. After a devastating second...
by AIP Online Bureau | Jun 3, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: Atotal of 17 pilots of Air India, IndiGo and Vistara died due to COVID-19 in May when the country saw the peak of the coronavirus pandemic's second wave, sources said on Thursday. IndiGo lost 10 pilots and Vistara two, aviation industry sources stated....
by AIP Online Bureau | Jun 3, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy, Risk Management
New Delhi: Amid discussions over possible legal protection to foreign vaccine manufacturers Pfizer and Moderna over their COVID-19 jabs in India, the Serum Institute of India (SII) has also sought protection against liabilities, sources said on Thursday....
by AIP Online Bureau | Jun 3, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: The government has come out with guidelines for the care and protection of the children affected by COVID-19 and fixed responsibilities for the states, district magistrates, police, Panchayati Raj institutions and urban local bodies. In a letter to...
by AIP Online Bureau | Jun 3, 2021 | Eco/Invest/Demography, Facts
ROME: World food prices rose in May at their fastest monthly rate in more than a decade, posting a 12th consecutive monthly increase to hit their highest level since September 2011, the United Nations food agency said on Thursday. FAO also issued its first...
by AIP Online Bureau | Jun 3, 2021 | Eco/Invest/Demography, Facts, Health
Newyork: China, Japan, Philippines and Thailand may turn into "hotspots" favourable for bats that carry coronaviruses and conditions in these places could become ripe for the disease to jump from bats to humans, finds new study. The study, published...
by AIP Online Bureau | Jun 3, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic
Mumbai: Reliance Industries Ltd. is working on a new Covid-19 drug and cheaper testing kits as the conglomerate owned by Asia’s richest man Mukesh Ambani looks to curb the pathogen which has ravaged India in the past year. India’s most-valuable company is...
by AIP Online Bureau | Jun 3, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
OLDWICK, N.: With the cyber risk hazard environment—ransomware, business interruption and aggregation—worsening significantly, prospects for the U.S. cyber insurance market are grim, according to a new AM Best report The Best’s Market Segment...