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73-yr-old Australian stuck in Bengaluru sues Morrison govt for ban on flights from India

by AIP Online Bureau | May 5, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic, Risk Management

  Melbourne:  A 73-year-old Australian, who is stranded in India since March last year, has filed a lawsuit before a Sydney court against the federal government for banning flights from India and threatening to prosecute those attempting to enter the country...

Two pandemics clash as doctors find that Covid spurs diabetes

by AIP Online Bureau | May 5, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

  MELBOURNE:- When Dr Ziyad Al-Aly's research team told him how often diabetes appeared to strike Covid-19 survivors, he thought the data must be wrong, so he asked his five colleagues to crunch the numbers again. Weeks later, they returned the same findings...

RBI allows fresh moratorium for small borrowers as COVID-19 cases spike

by AIP Online Bureau | May 5, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management

  Mumbai: India's central bank asked banks on Wednesday to let certain borrowers have more time to repay loans, among other support measures, amid a major second wave of COVID-19 infections in the country that has led to strict lockdowns in several states....

India’s Covid deaths could double in coming weeks, forecasters warn

by AIP Online Bureau | May 5, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

Mumbai/Colorado: The coronavirus wave that plunged India into the world’s biggest health crisis has the potential to worsen in the coming weeks, with some research models projecting that the death toll could more than double from current levels. India accounted...

COVID-19: India records 3,780 fresh fatalities, 3,82,315 cases in single day

by AIP Online Bureau | May 4, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: A record 3,780 fresh COVID-19 fatalities were registered in a single day in India taking the death toll to 2,26,188, while 3,82,315 new coronavirus infections were recorded, according to the Union Health Ministry data updated on Wednesday. With the...

Maruti Suzuki cuts production as car sales fall due to Covid lockdown

by AIP Online Bureau | May 4, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  New Delhi: Maruti Suzuki India Ltd. may halve its production capacity as an overwhelming surge of coronavirus infections shutters some of its sales outlets in the South Asian nation. The problem is on the “sales side because in several states there is a...

India asks state banks to protect dollar assets on Cairn concern

by AIP Online Bureau | May 4, 2021 | Eco/Invest/Demography, Indian News, Risk Management

  Indian authorities asked state-run banks to protect their dollar deposits on concern they could be frozen if Cairn Energy Plc moves to seize India’s offshore assets as part of a tax dispute, according to people with knowledge of the matter. Lenders...

Billions of computers at hacking risk: Indian-origin scientist

by AIP Online Bureau | May 4, 2021 | Eco/Invest/Demography, Facts, Technology

  New Delhi: An Indian-origin researcher has warned that billions of computers and other devices across the globe are vulnerable today owing to a vulnerability named 'Spectre' that was first discovered in 2018 but is open to hackers again. Since...

Pfizer lifts sales forecast for coronavirus vaccine to $26 billion

by AIP Online Bureau | May 4, 2021 | Eco/Invest/Demography, Health, International News, Pandemic

Pfizer Inc on Tuesday forecast $26 billion in COVID-19 vaccine sales this year, a more than 70% jump from its last projection, reflecting new contracts with governments around the world trying to halt the pandemic through rapid vaccination. The raised goal assumes 1.6...

HC asks Centre why it should not face contempt for failing to supply oxygen

by AIP Online Bureau | May 4, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  New Delhi: The Delhi High Court Tuesday directed the Centre to show cause as to why contempt not be initiated against it for failing to comply with order on supply of oxygen to Delhi for treating COVID-19 patients. You can put your head in sand like an ostrich,...
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