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 Amazon-backed Acko seeks new funds at $1 billion value

by AIP Online Bureau | May 12, 2021 | Indian News, Non-Life, Technology

  Acko General Insurance Ltd. is weighing a new funding round that could value the Indian online insurer at more than $1 billion, according to people familiar with matter. The Amazon.com Inc.-backed startup is looking to raise about $200 million in the round,...

Passenger vehicle sales dip 10% in April due to Covid led restrictions

by AIP Online Bureau | May 12, 2021 | Eco/Invest/Demography, Indian News

  New Delhi: Passenger vehicle wholesales in India declined by 10 per cent to 2,61,633 units last month as compared to March this year as COVID-19-led restrictions across various states impacted demand, auto industry body SIAM said on Wednesday. Passenger vehicle...

Most of India should remain locked down for 6-8 weeks: ICMR chie

by AIP Online Bureau | May 12, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: The head of the main Indian health agency responding to the coronavirus has said districts reporting a high number of infections should remain locked down for another six to eight weeks to control the spread of the rampaging disease. Dr. Balram...

Pune at the top in health infra-related ranking: Report

by AIP Online Bureau | May 12, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life

  New Delhi: Pune is ranked first while Delhi-NCR is at the lowest position among eight major cities in health infrastructure-related parameters, including number of hospitals beds, air-water quality and sanitation, according to a report by Housing.com. The real...

India reports 3,48,421 new COVID-19 cases, record 4205 deaths in last 24 hours

by AIP Online Bureau | May 12, 2021 | Eco/Invest/Demography, Health, Indian News

  New Delhi: India saw a record 4,205 COVID-19 fatalities in a day taking the death toll to 2,54,197, while 3,48,421 new coronavirus infections were reported, according to the Union Health Ministry data updated on Wednesday. The total tally of COVID-19 cases in...

Miller launches new exclusive Professional Indemnity product for freelance solicitors

by AIP Online Bureau | May 11, 2021 | International News, Non-Life, Reinsurance

  Miller is pleased to announce the launch of a new Professional Indemnity (PI) product designed specifically for solicitors operating on a self-employed basis. The product was developed following reforms introduced in November 2019 by the Solicitor’s...

Indian Covid variant B.1.617 detected in 44 countries, says WHO

by AIP Online Bureau | May 11, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

The World Health Organization (WHO) on Wednesday informed that the B.1.617 variant of Covid-19, first found in India in October last year, had been detected in sequences uploaded "from 44 countries in all six WHO regions". "As of 11 May, over 4500...

Maharashtra: 2 die of mucormycosis in Thane, 6 hospitalised

by AIP Online Bureau | May 11, 2021 | Health, Indian News, Non-Life, Pandemic

  Two COVID-19 patients have died due to mucormycosis, a serious but rare fungal infection, in Maharashtra's Thane district, a health official said on Wednesday. Besides, six other patients are currently undergoing treatment for the disease, also known as...

The real pandemic risk from India is tracking new variants of Covid-19

by AIP Online Bureau | May 11, 2021 | Articles, Eco/Invest/Demography, Health, Non-Life, Pandemic

  Andy Mukherjee If you haven’t heard of B.1.617 yet, chances are you soon will. This particular Covid-19 variant is at least partly behind the overwhelming second wave in India, the current global epicenter of the pandemic. The World Health Organization...

New Covid-19 cases in India have peaked, shows Cambridge tracker

by AIP Online Bureau | May 11, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

The number of new coronavirus infections in India has peaked, according to a new tracker developed by researchers at Cambridge Judge Business School and the National Institute of Economic and Social Research. “But there is substantial variation among states and...
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