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Growth in health and protection biz to soften Covid-19 economic pressures on Indian insurers:Moody’s 

by AIP Online Bureau | Jan 20, 2021 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance

  Mumbai: Indian insurers look set to withstand an economic downturn exacerbated by the coronavirus pandemic, with general insurance premium growth remaining in positive territory thanks to persistently strong sales of health and protection cover, said...

SBI, ICICI Bank, HDFC Bank remain systemically important banks: RBI

by AIP Online Bureau | Jan 19, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management

  Mumbai: The Reserve Bank of India (RBI) on Tuesday said state-owned SBI, along with private sector lenders ICICI Bank and HDFC Bank continue to be domestic systemically important banks (D-SIBs) or institutions which are 'too big to fail'. SIBs are...

Hackers manipulated stolen Covid vax data to ‘undermine trust’

by AIP Online Bureau | Jan 19, 2021 | Uncategorized

London:  In a startling revelation, European Medicines Agency (EMA) has said that hackers have manipulated stolen Covid-19 vaccine data in an attempt to "undermine trust" in the vaccines. The ongoing investigation of the cyberattack on EMA found that...

Union Home Minister Amit Shah to launch Ayushman CAPF healthcare scheme on January 23

by AIP Online Bureau | Jan 19, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

NEW DELHI: Union Home Minister Amit Shah is expected to launch the Ayushman healthcare scheme for central paramilitary force personnel in Assam later this week, official sources said. They said Shah will hand over the first Ayushman health cards to the chiefs, a...

Covishield not to be taken by people severely allergic to any of its ingredients: Serum Institute

by AIP Online Bureau | Jan 19, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic, Risk Management

NEW DELHI:  People who are severely allergic to any ingredient of the Covid-19 vaccine 'Covishield' are advised not to take it, Serum Institute of India said. According to the fact sheet for the vaccine recipient by the Serum Institute of India, one...

Centre issues Letter of Comfort to Bharat Biotech for 45 lakh doses of Covaxin

by AIP Online Bureau | Jan 19, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic, Risk Management

Hyderabad: Bharat Biotech has secured a fresh Letter of Comfort from the Centre for another 45 lakh doses of its Covid-19 vaccine, Covaxin, sources said. Out of the 45 lakh doses, the city-based vaccine maker will be supplying over eight lakh to some of the friendly...

Epidemics lead world’s biggest short-term risks: World Economic Forum

by AIP Online Bureau | Jan 19, 2021 | Eco/Invest/Demography, Health, International News, Pandemic

  Epidemics lead world's biggest short-term risks: World Economic ForumLONDON: Infectious diseases and livelihood crises led the rankings of risks expected to pose a critical threat to the world in the next two years, according to a survey of more than 650...

India urges frontline workers not to refuse vaccines as targets missed

by AIP Online Bureau | Jan 19, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  NEW DELHI/BHUBANESWAR: India appealed to frontline workers on Tuesday not to refuse vaccines for COVID-19, after almost all states failed to meet targets in the first few days of what the government calls the world’s biggest immunisation campaign.The...

Jan Dhan accounts cross 41 cr: Finmin

by AIP Online Bureau | Jan 19, 2021 | Eco/Invest/Demography, Health, Indian News

  New Delhi: The Finance Ministry on Tuesday said that more than 41 crore people benefited from the Pradhan Mantri Jan Dhan Yojana (PMJDY), a flagship scheme of the government to promote financial inclusion. As on January 6, 2021, the total number of Jan Dhan...

ICICI General’s net proft rises 6.6 % in Q3 FY 2020-21

by AIP Online Bureau | Jan 19, 2021 | Indian News, Non-Life

  Mumbai: Listed ICICI Lombard General Insurance , at Rs 314 crore, has recorded 6.6 per cent year on year(Y-O-Y) higher net profit  in the third quarter ending in Dec 2020. With a total premium of Rs 4034 crore, up 9 per cent y-o-y, the largest private...
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