by AIP Online Bureau | Oct 31, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: With 48,648 fresh COVID-19 infections, India's caseload rose to 81,37,119 on Saturday, while the number of recoveries crossed the 74-lakh mark, pushing the recovery rate to 91.34 per cent, according to the Union Health Ministry data. The country's...
by AIP Online Bureau | Oct 31, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Technology
Hyderabad: The Telangana government, as part of its new policy to promote electric vehicles, offers 100 per cent exemption of road tax and registration fee for the first two lakh electric two-wheelers purchased and registered within the state, according to the...
by AIP Online Bureau | Oct 30, 2020 | Eco/Invest/Demography, Indian News, Intermediaries, Technology
New Delhi: Domestic private equity major True North (TN) on Friday said it has part-exited its investment in insurance aggregator Policybazaar. The PE fund, however, did not share financial details on the exit like the stake sold or returns made. TN, which has a slew...
by AIP Online Bureau | Oct 30, 2020 | Disaster & Management, Eco/Invest/Demography, International News
IZMIR, Turkey: Nineteen people were killed in Turkey and Greece after a strong earthquake struck the Aegean Sea on Friday, bringing buildings crashing down and setting off tidal waves which slammed into coastal areas and islands. People ran onto streets in...
by AIP Online Bureau | Oct 30, 2020 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Pandemic, Reinsurance
Geneva: Property & casualty (P&C) insurers would have to collect business interruption policy premiums for 150 years to make up for projected global output losses in 2020 related to COVID-19,according to a report from the Geneva Association titled...
by AIP Online Bureau | Oct 30, 2020 | Disaster & Management, Eco/Invest/Demography, Indian News, Pandemic, Risk Management, Technology
New Delhi: Spear phishing attacks hit the education sector hard between June and September, affecting more than 1,000 schools, colleges, and universities, according to a global report. Spear phishing is a personalised phishing attack that targets a specific...
by AIP Online Bureau | Oct 30, 2020 | Eco/Invest/Demography, Health, International News, Pandemic, Risk Management
Sacramento: For the second time, a study testing an experimental antibody drug for COVID-19 has been paused to investigate a possible safety issue in hospitalised patients. Regeneron Pharmaceuticals Inc. said Friday that independent monitors had recommended...
by AIP Online Bureau | Oct 30, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
Mumbai: The International Finance Corporation (IFC) on Friday said it has so far extended USD 4 billion to private sector businesses in the poorest countries to help fight the coronavirus pandemic. The IFC, which is the largest global development institution focused...
by AIP Online Bureau | Oct 30, 2020 | Banking & Bancassurance, Indian News, Life, Regulation
Mumbai: Axis Bank on Friday said the banking regulator Reserve Bank of India(RBI) has not allowed it to directly acquire 17 per cent stake in Max Life Insurance and the lender will now purchase shares in the life insurer along with its subsidiaries. Axis...
by AIP Online Bureau | Oct 30, 2020 | Eco/Invest/Demography, Health, International News, Pandemic
WASHINGTON: Federal health officials Wednesday issued insurance-coverage rules designed to deliver on the promise that every American will have access to free COVID-19 vaccines when they are approved. The regulations from the Centers for Medicare and Medicaid...
