by AIP Online Bureau | Nov 12, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: India saw a single-day increase of 47,905 infections taking the country's COVID-19 caseload to 86,83,916, while the number of people who have recuperated from the disease have surged to 80,66,501, according to the Union Health Ministry data updated on...
by AIP Online Bureau | Nov 11, 2020 | Indian News, Non-Life
Mumbai: Riding on a healthy investment income and lower underwriting losses, despite Covid-19 pandemic disruptions, state owned New India Assurance (NIA) announced a net profit of Rs 555.59 crore, up 5 per cent year-on-year (Y-o-Y) in Q2 FY 2020-21. The...
by AIP Online Bureau | Nov 11, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
When Pfizer Inc. and BioNTech SE’s Covid-19 vaccine rolls off production lines, Shanghai Fosun Pharmaceutical Group Co. will be waiting to distribute it through a complex and costly system of deep-freeze airport warehouses, refrigerated vehicles and...
by AIP Online Bureau | Nov 11, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
ZURICH: The coronavirus pandemic will likely put a $12 trillion hole in global economic output by the end of next year, a burden far too high for insurers to cover, Swiss Re said on Wednesday. “Overall the insurance industry has handled this well because it...
by AIP Online Bureau | Nov 11, 2020 | Eco/Invest/Demography, Indian News
NEW DELHI: India’s cabinet on Wednesday approved a proposal to provide production-linked incentives of about 2 trillion rupees ($27 billion) over five years to create jobs and boost manufacturing in the country, the finance minister said. The incentives will be...
by AIP Online Bureau | Nov 11, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
KATHMANDU: Total coronavirus infections in Nepal crossed 200,000 on Wednesday, as health workers say the Himalayan nation was facing a “catastrophic” situation.In the last 24 hours there were 2,569 new cases and 26 deaths, according to government data...
by AIP Online Bureau | Nov 11, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
Mumbai: The Indian Banks'' Association (IBA) on Wednesday announced the conclusion of the 11th Bipartite Wage Negotiations with bank unions and officers'' associations. After three years of intense negotiations, bank employees''...
by AIP Online Bureau | Nov 11, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
MOSCOW: Russia’s Sputnik V vaccine is 92% effective at protecting people from COVID-19 according to interim trial results, the country’s sovereign wealth fund said on Wednesday, as Moscow rushes to keep pace with Western drugmakers in the race for a...
by AIP Online Bureau | Nov 11, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
Pfizer Inc's experimental COVID-19 vaccine is more than 90% effective based on initial trial results, the drugmaker said on Monday, a major victory in the war against a virus that has killed over a million people and battered the world's...
by AIP Online Bureau | Nov 11, 2020 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance
Zurich: Even as total global premium volumes in 2020 are estimated to decline by 1.4% in real terms, less than the earlier anticipated 2.8% drop,,global insurance markets set to rebound in 2921 and 2022 with China leading recovery, said Swiss Re...
