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UAE extends suspension on flights from India till June 30

by AIP Online Bureau | May 31, 2021 | Health, Indian News, Non-Life, Pandemic

The United Arab Emirates (UAE) on Sunday extended the suspension of passenger flights from India till June 30 to combat the spread of the coronavirus pandemic. The ban was initially imposed on April 25, after a surge in COVID-19 cases in India. In a statement posted...

India poised to grow at world’s fastest rate despite virus

by AIP Online Bureau | May 31, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  New Delhi: The Indian economy’s resilience will be tested by its ability to overcome a devastating outbreak of Covid-19, although no one’s yet doubting its potential to pull off the world’s fastest pace of growth among major economies this...

4 kids, including Covid-positive baby, die at Bihar’s DMCH hospital

by AIP Online Bureau | May 31, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic

  Patna: Four children have died in Bihar's Darbhanga Medical College and Hospital (DMCH) over the last few days. Among those who died was an infant who had tested positive for Covid-19, hospital authorities said on Monday. According to the Principal of DMCH...

Covid-19 second wave hits PSBs collection in May: Indian Bank Association

by AIP Online Bureau | May 31, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

Mumbai: Indian Banks Association (IBA) Chairman Rajkiran Rai on Sunday said that the second wave of COVID-19 has impacted the collections of Public Sector Banks (PSBs) in the month of May. "It is difficult to give numbers but can say that we faced difficulty in...

IRDAI asks insurers for speedy claims settlement in areas hit by cyclones Tauktae, Yaas

by AIP Online Bureau | May 31, 2021 | Eco/Invest/Demography, Indian News

  Hydearabad: Regulator IRDAI has asked life insurers to take steps for quick settlement of life insurance claims in all the states affected by cyclones Tauktae and Yaas. General and standalone health insurance companies have also been asked to mitigate the...

Punjab National Bank to divest stake in Canara HSBC OBC Life Insurance

by AIP Online Bureau | May 31, 2021 | Indian News, Life

  New Delhi: Punjab National Bank (PNB) will divest its stake in Canara HSBC OBC Life Insurance Co, the lender said on Saturday. The city-headquartered state-owned bank had acquired a stake in the life insurer post amalgamation of the erstwhile Oriental Bank of...

China, in major policy shift, announces families can have three children

by AIP Online Bureau | May 31, 2021 | Eco/Invest/Demography, International News, Life

  Beijing: China announced on Monday that married couples may have up to three children, a major policy shift from the existing limit of two after recent data showed a dramatic decline in births in the world's most populous country. The change was approved...

Coronavirus stress increased suicidal thoughts among people: Study

by AIP Online Bureau | May 31, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic

London: The Covid-19 pandemic has not only hit physical health and the economy but has also impacted mental health with the possibility of increased rates of suicide, according to a study. Led by a team of researchers at Swansea University, Cardiff University, and the...

With 1,52,734 new COVID-19 cases, India sees lowest daily rise in 50 days

by AIP Online Bureau | May 31, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic

New Delhi: With 1,52,734 COVID-19 infections in the last 24 hours India maintained its declining trend of new cases and reported the lowest-single day COVID-19 rise in 50 days. the Union Ministry of Health and Family Welfare said on Monday. With this, the total cases...

Group health insurance startup Plum raises $15.6mn Series A funding led by Tiger Global

by AIP Online Bureau | May 30, 2021 | Health, Indian News, Non-Life

  Bengaluru: Plum, a group health insurance startup, has raised a $15.6mn  Series A led by Tiger Global with participation from earlier investors – Sequoia Capital India’s Surge, Tanglin Venture Partners, Incubate Fund and Gemba Capital....
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