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Airfare bands not permanent; will be done away with once normal flight operations resume: Civil Aviation Sec

by AIP Online Bureau | Feb 4, 2021 | Eco/Invest/Demography, Indian News

  New Delhi: Airfare bands are not going to be permanent and will be done away with as soon as normal flight operations resume, Civil Aviation Secretary Pradeep Singh Kharola said on Thursday. His comments come against the backdrop of restrictions in place on...

21.5% of population showed evidence of past exposure to COVID in latest national serosurvey: Govt

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

  New Delhi: Over 21 per cent of the population, aged 10 years and above, showed evidence of past exposure to COVID-19 in the ICMR's latest national serosurvey, the government said on Thursday, noting that a large proportion of people are still vulnerable to...

PF taxation: Rs 62,500 cr accumulated in EPF accounts of 1.23 lakh HNIs for FY19

by AIP Online Bureau | Feb 4, 2021 | Eco/Invest/Demography, Indian News, Pension & Social Security

  New Delhi: As much as Rs 62,500 crore has accumulated as provident fund of some 1.23 lakh high net-worth individuals (HNIs) in the retirement fund corpus for 2018-19, with a staggering Rs 103 crore accumulating in the account of the highest contributor, sources...

IIT Mandi-led team develops AI app to track home quarantined COVID patients

by AIP Online Bureau | Feb 4, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Risk Management, Technology

A team led by researchers at the Indian Institute of Technology (IIT) Mandi has developed an artificial intelligence (AI) based biometric application to continuously monitor and accurately detect the identity of a home quarantined COVID-19 patient. The mobile...

India’s COVID positivity rate dips to 5.42 pc: Health ministry

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

New Delhi: India's cumulative COVID-19 positivity rate has declined to 5.42 per cent while the weekly positivity rate (last week) was recorded at 1.82 per cent, the Union Health Ministry said on Thursday. Eight states and union territories, which have a weekly...

Govt blocked 296 mobile apps since 2014, says Union minister Sanjay Dhotre

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

  New Delhi: As many as 296 mobile apps have been blocked by the government since 2014 in the interest of the country's sovereignty, security, and public order, Union minister Sanjay Dhotre told Rajya Sabha on Thursday. ''A total of 296 mobile...

Jharkhand health worker dies after receiving COVID vaccine

by AIP Online Bureau | Feb 4, 2021 | Eco/Invest/Demography, Facts, Health, Risk Management

Ranchi: A health worker has died 36 hours after being administered COVID vaccine in Jharkhand, officials said on Wednesday. The health worker, identified as Mannu Pahan, was administered the Covishield vaccine at his workplace Medanta Hospital here on February 1...

Antares places Lloyd’s China operation into run-off

by AIP Online Bureau | Feb 4, 2021 | International News, Non-Life

  London: Antares Managing Agency, the Lloyd’s specialist insurance and reinsurance subsidiary of QIC Global, on Wednesday, announced it has placed Syndicate 1274’s Lloyd’s China operation into run-off. Antares will cease accepting...

International rating agencies give thumbs up to proposal of raising FDI limit to 74 % in insurance sector

by AIP Online Bureau | Feb 4, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance

  Mumbai:  International credit rating agencies have given thumbs up to Union finance minister Nirmala Sitharaman's budgetary proposal to to increase the foreign direct investment limit for insurers to 74% from 49% India’s budget proposal to...

There are 4,000 variants of virus that causes COVID-19, UK minister says

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

There are around 4,000 variants of the virus that causes COVID-19 around the world now so all vaccine manufacturers including Pfizer Inc and AstraZeneca Plc are trying to improve their vaccines, a British minister said. Thousands of variants of the type of coronavirus...
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