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India likely to double health spending next fiscal year

by AIP Online Bureau | Jan 26, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  NEW DELHI: India is likely to double health spending in the next fiscal year with the aim of raising expenditure in the sector to 4% of gross domestic output in the coming four years, two officials said, as the country looks to fix its health system after the...

Infosys, TCS, Cognizant join WEF coalition to tackle workplace racism

by AIP Online Bureau | Jan 26, 2021 | Eco/Invest/Demography, International News, Risk Management, Workplace/Employee Benefits

|  New Delhi: Indian IT majors Infosys and TCS on Monday joined global giants like Microsoft, Facebook, Google and Bank of America in an international coalition launched by the World Economic Forum to tackle racism in workplaces. Announcing the coalition during...

Global life insurers impose restrictions, worried about long-term pandemic risks

by AIP Online Bureau | Jan 26, 2021 | Eco/Invest/Demography, Health, International News, Life, Pandemic, Regulation, Risk Management

Global life insurers are taking steps to curb payouts stemming from the coronavirus pandemic, including long-term health consequences that are not fully understood, industry sources told Reuters. Life insurers, including Prudential Financial Inc, and Aviva PLC, are...

RBI says it is open to exploring possibility of digital version of fiat currency

by AIP Online Bureau | Jan 26, 2021 | Eco/Invest/Demography, Indian News, Regulation, Technology

MUMBAI: Amid increasing popularity of virtual currencies in various parts of the world, the Reserve Bank of India (RBI) on Monday said it is open to exploring the possibility of a digital version of fiat currency. Host of private digital currencies, virtual currencies...

India records 9,102 fresh COVID-19 cases, 117 fatalities in a day

by AIP Online Bureau | Jan 26, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

New Delhi: India reported 9,102 fresh coronavirus cases in a day, the lowest in around eight months, as the infection tally reached 1,06,76,838, according to Union Health Ministry data on Tuesday. During the same period, 117 fatalities were recorded, also the lowest...

Why Chinese involvement in financial frauds in India is alarming

by AIP Online Bureau | Jan 25, 2021 | Eco/Invest/Demography, Indian News, Risk Management, Technology

New Delhi: Within a span of 15 days, two major financial fraud cases involving Chinese nationals have come to the forefront. Soon after the Delhi Police unearthed a transnational malware and fraud syndicate and arrested two Chinese women in a gang of 12 in multiple...

WhatsApp treating Indian users differently from Europeans matter of concern: Government tells HC

by AIP Online Bureau | Jan 25, 2021 | Eco/Invest/Demography, Indian News, Technology

New Delhi: The central government on Monday told the Delhi High Court that WhatsApp was treating Indian users differently from its European ones with regard to opting out of its new privacy policy, and this was a matter of concern for the government which is looking...

Airlifted COVID vaccines to 9 countries, will gradually supply to WHO’s COVAX facility: India at UN

by AIP Online Bureau | Jan 25, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

United Nations: India has informed the UN Security Council that it will gradually supply vaccines to the COVAX facility of the World Health Organisation and undertake contractual supplies to various countries in a phased manner, as more than six million doses have...

Google opening up its spaces in US to serve as mass COVID-19 vaccination sites: Sundar Pichai

by AIP Online Bureau | Jan 25, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic, Technology

  Washington: Google's Indian-American CEO Sundar Pichai announced on Monday that the tech giant will open up its spaces in the US to serve as mass COVID-19 vaccination sites and committed more than USD 150 million to promote vaccine education. Google is...

US leading race in artificial intelligence, China rising: Survey

by AIP Online Bureau | Jan 25, 2021 | Eco/Invest/Demography, Facts, Technology

  The United States is leading rivals in development and use of artificial intelligence while China is rising quickly and European Union is lagging, a research report showed Monday. The study by the Information Technology and Innovation Foundation assessed AI...
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