by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, Indian News
NEW DELHI: The Indian cabinet on Wednesday approved a capital infusion of 60 billion rupees ($812 million) by the government in the National Investment and Infrastructure Fund (NIIF), a quasi sovereign wealth fund, over the next two years, a minister said. The...
by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic
The COVID-19 pandemic could be stopped if at least 70 per cent of the public wore face masks consistently, according to a review of studies which suggests that the type of material used and the duration of mask use play key roles in their effectiveness. The research,...
by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
PARIS/BERLIN: Countries around the world agonised over new coronavirus curbs ahead of Christmas and other holidays as global infections approached 60 million on Wednesday and U.S. officials pleaded with Americans to stay home over Thanksgiving. The holiday weekend is...
by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
UNICEF is working with major global airlines and freight providers to step up efforts to deliver COVID-19 vaccines to over 92 countries around the world as soon as vaccines become available. To kickstart preparations, UNICEF together with the Pan American...
by AIP Online Bureau | Nov 25, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
Mumbai: The Reserve Bank on Wednesday said the amalgamation of Lakshmi Vilas Bank with DBS Bank India will come into force from November 27 and the moratorium imposed on the crisis-ridden lender will be removed on that day. The RBI issued the statement within hours of...
by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic, Policy
New Delhi: States and union territories can impose local restrictions like night curfew to check the spread of COVID-19, but they will have to consult the Centre before imposing any lockdown outside the containment zones, the Ministry of Home Affairs said on...
by AIP Online Bureau | Nov 25, 2020 | International News, Non-Life, Reinsurance, Risk Management
New Delhi: AXA XL Insurance announced that Nicola Harris has been promoted to Head of Energy, UK & Lloyd’s market. In her new role, Ms. Harris is responsible for developing the UK energy book, executing strategy and designing innovative insurance...
by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, International News
Tokyo and Singapore: Swiss Re and FWD Fuji Life announced that the insurer has started operating Swiss Re's automated underwriting solution, Magnum, to offer a faster, paperless customer experience. FWD Fuji Life has seamlessly integrated Magnum into the...
by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, Facts, Workplace/Employee Benefits
The coronavirus pandemic has hit women worldwide with job losses and closures of childcare centers. Yet a surprising bright spot is emerging: India’s $200 billion technology services industry, where new rules are expected to provide female workers with a...
by AIP Online Bureau | Nov 25, 2020 | Eco/Invest/Demography, International News
LONDON: Bank of England Governor Andrew Bailey said on Monday a no-deal Brexit would cause longer-term damage to Britain’s economy than the COVID-19 pandemic, and the impact of the change might be felt for decades. “Well, I think the long-term effects...
