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World Bank projects India’s economic growth between 7.5 pc – 12 pc, expecting a better growth rate: Tarun Bajaj

by AIP Online Bureau | Apr 2, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  New Delhi: Amid uncertainty caused by the COVID-19 pandemic Revenue, and Department of Economic Affairs Secretary, Tarun Bajaj on Tuesday predicted a better growth for the Indian economy and said World Bank has projected India's growth rate between 7.5 per...

We will have to co-exist with virus for now: Multiplex, retail associations wary of lockdown in Maha

by AIP Online Bureau | Apr 2, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

Mumbai: Cinema, retail, and shopping industries have just begun their recovery process and won't be able to bear another shutdown, according to industry associations who have urged Chief Minister Uddhav Thackeray to not impose a lockdown in Maharashtra where...

More climate action needed during ‘make-or-break year’ for people and planet 

by AIP Online Bureau | Apr 2, 2021 | Eco/Invest/Demography, Facts, Pandemic

With countries across the world having agreed through the Paris Agreement to a goal of limiting temperature increases to 1.5 degree Celsius above pre-industrial levels to mitigate global warming, Amina Mohammed, Deputy Secretary-General of the United Nations...

India pushes back deadline for coal-fired utilities to adopt new emission norms

by AIP Online Bureau | Apr 2, 2021 | Eco/Invest/Demography, Indian News

  CHENNAI: India has pushed back deadlines for coal-fired power plants to adopt new emission norms by up to three years, and allowed utilities that miss the new target to continue operating after paying a penalty, according to a government notice. India had...

Apr 1 Renewals: Reinsurers slash rates, pay higher commissions to Indian cedants

by AIP Online Bureau | Apr 2, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

  Mumbai: Rs 1.89 trillion Indian general insurance market though has seen moderate price rise in the Apr 1 renewals, the overall rates for the cedants for their portfolios have dropped as it had once again witnessed lower catastrophe activities and lower claims...

Suez Canal to seek over $1bn compensation for losses caused by stuck ship

by AIP Online Bureau | Apr 1, 2021 | Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

  Cairo:  Egypt's Suez Canal Authority (SCA) said that it will seek over $1 billion in compensation for the losses caused by the massive container ship which had blocked the vital waterway since March 23. The compensation for the losses and damages...

81,466 new COVID-19 cases reported, ‘second wave’ sweeps India

by AIP Online Bureau | Apr 1, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: India reported 81,466 new COVID-19 infections overnight, data from the health ministry showed on Friday, the highest since Oct. 2, 2020. India’s overall caseload stood at 12.30 million, making it the third-most affected globally, behind the...

Study confirms link of processed meat to cardiovascular disease, early death

by AIP Online Bureau | Apr 1, 2021 | Eco/Invest/Demography, Facts, Health

Canada: A global study led by Hamilton scientists has found a link between eating processed meat and a higher risk of cardiovascular disease. The same study, however, did not find the same link with unprocessed red meat or poultry. The information comes from the diets...

Govt proposes to establish alternate funding, increase assistance in new Rare Disease Policy Draft

by AIP Online Bureau | Apr 1, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

  New Delhi: The new Rare Disease Policy Draft Report of the government has proposed establishment of alternate funding through voluntary crowd funding and corporate funding, and increase in assistance for patients needing one time treatment from Rs 15 lakh to Rs...

Study reveals increased rates of organ damage after discharge from hospital with Covid-19

by AIP Online Bureau | Apr 1, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

  Leicester: People discharged from hospital after Covid-19 appear to have increased rates of organ damage ("multiorgan dysfunction") compared with similar individuals in the general population, finds a study. The study was published in The BMJ today....
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