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COVID-19: India records lowest fatalities in eight months

by AIP Online Bureau | Jan 18, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic

New Delhi: The daily coronavirus infections fell below 14,000 for the second time this month taking India''s COVID-19 caseload to 1,05,71,773, while 145 new fatalities were recorded, the lowest in around eight months, according to the Union Health Ministry...

DHFL resolution: Lenders approve Piramal”s $ 5 billion bid

by AIP Online Bureau | Jan 18, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life

  New Delhi: Debt-ridden mortgage lender DHFL Ltd, having exposures of banks and insurnace companies, on Sunday said the Committee of Creditors (CoC) has approved resolution plan submitted by Piramal Capital and Housing Finance Limited, a Piramal Group company....

Abu Dhabi plans three-pronged alliance to export hydrogen for fuel

by AIP Online Bureau | Jan 17, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

DUBAI : Abu Dhabi, the capital of the Untied Arab Emirates, has agreed a deal to produce and export hydrogen as fuel, its state media office announced on Sunday. So-called green hydrogen, created by splitting water into its two components using electricity from...

Vaccination: ”Wait and watch” approach, CoWin app snags blamed for 53 pc turnout in Delhi on Day 1

by AIP Online Bureau | Jan 17, 2021 | Eco/Invest/Demography, Indian News

  New Delhi: People adopting a "wait and watch" approach, lack of communication and glitches in CoWin app are the major reasons why only 53 per cent people got the COVID-19 shots on the first day in Delhi, experts said on Sunday. In Delhi, 4,319...

Metropolis Healthcare to acquire Hitech Diagnostic Centre in a cash, stock deal

by AIP Online Bureau | Jan 17, 2021 | Eco/Invest/Demography, Health, Indian News

  New Delhi: Diagnostic chain Metropolis Healthcare on Sunday said it will acquire Dr Ganesan''s Hitech Diagnostic Centre Pvt Ltd in a cash and stock combination deal, to strengthen its leadership position in southern India. The company''s board...

2,24,301 beneficiaries given COVID-19 vaccine so far; 447 cases of adverse effect reported: Govt

by AIP Online Bureau | Jan 17, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Risk Management

New Delhi: A total of 2,24,301 beneficiaries have been inoculated with COVID-19 vaccine so far, out of which only 447 adverse events following immunisation (AEFI) were reported, the Union Health Ministry said on day two of the nationwide vaccination drive on Sunday....

Parents of road accident victims entitled to compensation: Delhi HC

by AIP Online Bureau | Jan 17, 2021 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: Parents are dependent on their children at some stage of life and it would be inequitable to deny compensation to those who lost their ward in a road accident, the Delhi High Court has said. Justice J R Midha said even if parents are not dependent on...

EPFO settles 56.79 lakh COVID-19 advance claims, releases over Rs 14,000 cr till Dec

by AIP Online Bureau | Jan 17, 2021 | Eco/Invest/Demography, Indian News, Pension & Social Security

  New Delhi: Retirement fund body EPFO has settled 56.79 lakh COVID-19 non-refundable advance claims, and has disbursed Rs 14,310 crore till December 31, 2020, reflecting the adverse impact of the pandemic on the formal sector workforce. When the...

Pfizer vaccine worries Norway as 29 elderly people die after taking shot

by AIP Online Bureau | Jan 17, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Risk Management

  Norway expressed increasing concern about the safety of the Pfizer Inc. vaccine on elderly people with serious underlying health conditions after raising an estimate of the number who died after receiving inoculations to 29. The latest figure adds six to the...

FPIs invest Rs 14,886 cr in first half of January

by AIP Online Bureau | Jan 17, 2021 | Eco/Invest/Demography, Health, Indian News

  New Delhi: Foreign portfolio investors (FPI) put in Rs 14,866 crore in Indian markets in the first half of January with participants expecting strong third-quarter results by companies. As per depositories data, FPIs invested a net Rs 18,490 crore into equities...
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