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Dr Reddy’s gets DCGI nod to conduct Covid-19 vaccine phase 2/3 human trails

by AIP Online Bureau | Oct 17, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic

  Hyderabad: Dr.Reddys Laboratories Ltd. and Russian Direct Investment Fund, Russias sovereign wealth fund, on Saturday announced that they have received approval from the Drug Control General of India(DGCI) to conduct an adaptive phase 2/3 human clinical...

Haldiram’s crucial data stolen; hackers demand ₹7.50 lakh to release information

by AIP Online Bureau | Oct 17, 2020 | Eco/Invest/Demography, Indian News, Risk Management, Technology

  NOIDA : Hackers have allegedly stolen crucial data of popular food and snack company Haldiram's and have demanded ₹7,50,000 for releasing the information which includes financial and sales details, according to Noida Police. The unidentified accused hacked...

Driverless race steps up with Cruise allowed to drive empty in San Francisco

by AIP Online Bureau | Oct 17, 2020 | Eco/Invest/Demography, Facts, Non-Life, Risk Management, Technology

  OAKLAND, Calif: The race for driverless autonomous vehicles is heating up and on Thursday Cruise became the first to receive a permit to test cars without anyone in them on the streets of San Francisco from California’s Department of Motor...

Hurricane Delta to cost insurers between $2bn – $3.5bn:RMS 

by AIP Online Bureau | Oct 17, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

  Newark, CA: RMS, estimates total onshore U.S. insured losses from Hurricane Delta to be between $2.0bn and $3.5bn. The estimate includes losses to the National Flood Insurance Program (NFIP) of between US$200m and US$400m.This estimate includes wind, storm...

8 million have slipped into Poverty in US since May as govt aid has dried up

by AIP Online Bureau | Oct 17, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic

  WASHINGTON: After an ambitious expansion of the safety net in the spring saved millions of people from poverty, the aid is now largely exhausted and poverty has returned to levels higher than before the coronavirus crisis, two new studies have found. The number...

Indicators point to economic recovery, but recouping may be fragile: Report

by AIP Online Bureau | Oct 17, 2020 | Eco/Invest/Demography, Indian News

  New Delhi: After six months of severe stress triggered by the toughest lockdown so far, some high-frequency indicators point towards economic recovery but there are signs that this revival is fragile, Brickwork Ratings said. It estimated that the economy is...

India took host of measures to combat COVID-19 impact: Nirmala Sitharaman to World Bank

by AIP Online Bureau | Oct 17, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic

  New Delhi: Finance Minister Nirmala Sitharaman said the government has taken a host of initiatives, including a stimulus package totalling 10 per cent of the country''s GDP and major reforms in the labour sector, to combat the impact of the coronavirus...

India’s COVID-19 infection tally crosses 74 lakh with 62,212 new cases

by AIP Online Bureau | Oct 17, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic

  New Delhi: India's COVID-19 caseload went past 74 lakh, while the number of people who have recuperated from the disease crossed 65 lakh pushing the recovery rate to 87.78 per cent, according to data updated by the Union Health Ministry on Saturday. The...

Boeing’s 737 Max declared safe to fly by Europe’s aviation regulator

by AIP Online Bureau | Oct 16, 2020 | International News, Non-Life, Reinsurance

  One of the things that we have started doing is also start tracking people by the IP address and it gives a lot more intelligent information. A lot of 20-30-year-olds move from smaller cities and towns to large cities for jobs but they do not really change...

COVID-19 has resulted in largest global economic contraction in 80 years, say World Bank and IMF

by AIP Online Bureau | Oct 16, 2020 | Eco/Invest/Demography, Health, International News, Pandemic

The World Bank and the International Monetary Fund said the global economic contraction caused by the ongoing coronavirus pandemic is the largest in the last eight decades, raising the world poverty rate, exacerbating inequalities and damaging long-term economic...
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