by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Facts, Non-Life, Risk Management, Technology
Self-driving tech company Pony.ai, backed by Toyota Motor Corp, said on Monday its next-generation technology for robotaxis will be using lidars made by Luminar Technologies, Inc. Lidars are laser-based sensors that are a key component to many autonomous...
by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
Kochi: Days after the Kerala High Court expressed concern over the high fees levied by private hospitals on COVID-19 patients, the State government said on Monday it has put a cap on the charges and introduced a universal pricing system for its treatment. The...
by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: The finance ministry on Monday said provisioning Rs 35,000 crore-expenditure for vaccines in the Union Budget for FY22 under the title 'Transfers to States' does in no way inhibit the central government from using the funds to buy COVID-19...
by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life
New Delhi: In a late night affidavit submitted in the Supreme Court, the Centre defended its Covid vaccination policy, which has been criticised for differential pricing, shortage of doses, and slow rollout. An overwhelming majority of countries are not making...
by AIP Online Bureau | May 10, 2021 | Banking & Bancassurance, Indian News
Mumbai: As many as 2,118 branches of 10 public sector banks have either been closed or merged with other banks in the last fiscal, according to an RTI reply. The highest number of 1,283 branches of Bank of Baroda were either closed or merged, according to...
by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Indian News
New Delhi: Insurance behemoth Life Insurance Corporation (LIC) opted for profit-booking by selling its equity stakes in companies during the March quarter, a report said on Monday. The IPO-bound company's stakes in 296 companies where it holds over 1 per...
by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic
Mumbai: Investors are bracing for market fallout as state after state locks itself down in India to contain the spread of the coronavirus as infections and deaths surge. More than two thirds of states are shut if assessed by their contribution to national output,...
by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Facts, Health, Life, Non-Life
New Delhi: Children orphaned due to COVID-19 should be protected and guarded against being trafficked till they are legally adopted, two PILs have urged the Delhi High Court, which sought the response of the Centre and the Delhi government on the issue on...
by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: The total vehicle registrations in India fell by 29.85 per cent to 1,52,71,519 units in financial year 2020-21, the lowest in the last eight years, the Federation of Automobile Dealers Associations (FADA) said on Monday. Total vehicle registrations...
by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: Eli Lilly and Co said on Monday it had signed licensing agreements with three Indian generic drugmakers to expand the availability of its arthritis drug baricitinib in the country for treating COVID-19 patients. The agreements will bolster...