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No deaths reported, reduced severity: RML director on people contracting Covid after second vaccine dose

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

New Delhi: Dispelling doubts about reports of people contracting coronavirus after the second dose of vaccine, Director and Medical Superintendent, RML Hospital Dr Rana Anil Kumar Singh on Wednesday said after inoculation no death has been reported and severity of...

Rajasthan launches health insurance scheme for all claims it to be a first

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

  Jaipur:  Rajasthan on Thursday began the registration for an insurance scheme under which each family in the state can claim up to Rs five lakh every year for medical expenses.  The state began the registration for Chiranjeevi Health Insurance Scheme,...

Skyrocketing liability insurance rates for SPACs

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

  Anxiety is growing that the wellspring of special-purpose acquisition companies, a 2020s echo of the dot-com mania of the 1990s, is bumping up against the limits of both Wall Street and Washington. The pipeline of SPACs rushing to market is getting so clogged...

Investigation begins into how ship got stuck on Suez Canal

by AIP Online Bureau | Apr 1, 2021 | International News, Non-Life, Reinsurance, Risk Management

ISMAILIA, Egypt: Formal investigations into how the giant container ship Ever Given ran aground in the Suez Canal, shutting down shipping in the major global waterway for almost a week, begin on Wednesday, a canal official told Reuters. The six-day blockage threw...

Hong Kong is set to target first SPAC listing by end of year

by AIP Online Bureau | Apr 1, 2021 | Eco/Invest/Demography, International News

  Hong Kong: Hong Kong is expected to have its own blank check company listing framework ready in June for public feedback and targets allowing deals to start by the end of this year, according to people familiar with the matter. The city is looking at tighter...

No Sputnik V approval yet, SEC asks Dr Reddy’s for more data on vax

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

The Subject Expert Committee (SEC) of the Indian drug regulator, tasked with vetting Covid-19 vaccine proposals, sought additional data on Russian Covid-19 vaccine 'Sputnik V', while deciding on its emergency use authorisation, a senior government official...

Coronavirus pandemic to shave 3% off global output in medium term: IMF

by AIP Online Bureau | Apr 1, 2021 | Eco/Invest/Demography, Health, International News, Pandemic

  WASHINGTON: Global economic output is expected to be about 3% lower in 2024 than projected before the COVID-19 pandemic but its medium-term impact won't be as severe as that of the global financial crisis of 2008-09, the International Monetary Fund said on...

India launches COVID-19 vaccination for all people above 45, year’s highest single day rise of 72,330 new cases reported

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

  New Delhi: India launched COVID-19 vaccination for all people aged 45 years and above from Thursday, which reported this year's highest single day rise of 72,330 new infections in a span of 24 hours, taking the nationwide tally of cases to 1,22,21,665....

Mumbai logs record 8,646 new COVID-19 cases, 18 deaths

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

  Mumbai: Mumbai logs record 8,646 new COVID-19 cases, 18 deathsMumbai on Thursday reported 8,646 new coronavirus cases, its highest one-day rise since the outbreak of the pandemic, the Brihanmumbai Municipal Corporation (BMC) said. This took the city's...

Over 1.55 lakh cos incorporated last fiscal in India

by AIP Online Bureau | Apr 1, 2021 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits

  New Delhi: More than 1.55 lakh companies were incorporated in the country in 2020-21, a "significant" jump of 27 per cent compared to the year-ago period since the coronavirus pandemic had disrupted economic activities last fiscal. Besides, 42,186...
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