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SC wants national plan on COVID-19 situation, including on oxygen supply

by AIP Online Bureau | Apr 22, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

New Delhi: As the country grapples with the current wave of COVID-19 pandemic, the Supreme Court Thursday took suo motu cognisance of the prevailing grim situation and said it wanted a “national plan” on issues, including supply of oxygen and essential...

AXA becomes the first insurer to join Green Monday ESG Coalition

by AIP Online Bureau | Apr 22, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life

  HONG KONG SAR: AXA Hong Kong and Macau is the first insurer to join the "Green Monday ESG Coalition" ("Coalition") as a founding Mission Partner, rendering our full support to combat climate change for a sustainable and resilient future. The...

1/3rd of Indian small businesses turn to technology to combat COVID-19

by AIP Online Bureau | Apr 22, 2021 | Eco/Invest/Demography, Indian News, Technology

  New Delhi: Nearly two-thirds of Indian small businesses experienced growth in 2020 through technology investment and adoption. They maintain a confidant outlook despite the impact of COVID-19, according to CPA Australia's 2020-21 Asia-Pacific Small Business...

Insurers prefer private equity investments over Hedge Funds: Goldman Sachs Survey

by AIP Online Bureau | Apr 22, 2021 | Eco/Invest/Demography, International News, Life, Non-Life

  LONDON: Insurers want to put more money into private equity this year while scaling back on hedge funds, a survey by Goldman Sachs Asset Management showed on Wednesday. Private equity was the most-favored asset class for insurers seeking to increase investment...

Covid-19 resurgence threatens vigorous global economic growth momentum

by AIP Online Bureau | Apr 22, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  The renewed surge in Covid-19 infections is threatening to further divide the world economy between the rich and poor, potentially damaging overall global growth if the fresh outbreaks spread or if key sources of demand falter. More people were diagnosed with...

Chinese military seen behind Japan Cyber-attacks, NHK Says

by AIP Online Bureau | Apr 22, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology

  China’s military is thought to have instructed a hacker group to conduct cyber attacks on nearly 200 Japanese research institutions and firms, public broadcaster NHK reported, citing unidentified people in a police investigation. The investigators found a...

Bank of England sees potential risks from cloud data providers

by AIP Online Bureau | Apr 22, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology

  LONDON: The Bank of England might strengthen its controls on cloud data providers and other technology firms to counter possible risks to the stability of the financial system from the rise of fintech, Deputy Governor Dave Ramsden said.The Bank of England (BoE)...

Britain’s driverless car ambitions hit speed bump with insurers

by AIP Online Bureau | Apr 22, 2021 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

  LONDON: Britain’s goal to be a leader in adopting self-driving cars could backfire unless automakers and government regulators spell out the current limitations of the technology, insurance companies warn. Insurers are key players in the shift to...

Maharashtra: Real coronavirus horror may unfold in next 10 days

by AIP Online Bureau | Apr 22, 2021 | Eco/Invest/Demography, Health, Indian News

Mumbai: In a grim prediction, the Maharashtra government has indicated that the real horrors of Covid-19 may unfold in the next 10 days with a steep spike in 'active cases' in the worst-hit state in the country, here on Wednesday. While Pune currently has an...

Over 3.14 lakh new COVID-19 cases in India, highest-ever recorded in any country

by AIP Online Bureau | Apr 22, 2021 | Eco/Invest/Demography, Health, Indian News

  New Delhi: The number of daily coronavirus cases in India hit a record high with over 3.14 lakh new infections being reported, pushing the total tally of COVID-19 cases to 1,59,30,965, according to the Union Health Ministry data updated on Thursday. A total of...
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