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COVID-19 active caseload below 9 lakh for fourth consecutive day

by AIP Online Bureau | Oct 12, 2020 | Eco/Invest/Demography, Indian News

New Delhi: India's COVID-19 caseload mounted to 71,20,538 with 66,732 infections being reported in a day while the death toll climbed to 1,09,150 with the virus claiming 816 lives in a span of 24 hours, the data updated at 8 am showed. However, the country's...

Treat as rep PIL for minimum standards for mental health establishments: HC to Centre

by AIP Online Bureau | Oct 12, 2020 | Eco/Invest/Demography, Health, Indian News

  New Delhi: The Delhi High Court on Monday asked the Centre to treat as a representation a PIL seeking notification of minimum standards for different categories of mental health establishments as mandated under the Mental Healthcare Act of 2017. A bench of...

FM announces economic stimulus to boost demand by $10 billion

by AIP Online Bureau | Oct 12, 2020 | Eco/Invest/Demography, Indian News

  NEW DELHI  India on Monday announced steps to stimulate consumer demand, including advance payment of a part of the wages of federal government employees during the festival season and more capital spending as it tries to bolster the pandemic-hit economy...

Mumbai hit by massive power outage

by AIP Online Bureau | Oct 12, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

  MUMBAI: A major grid failure caused a widespread power outage in India’s financial capital Mumbai and surrounding areas on Monday, the first such blackout in more than two years that stranded thousands of train passengers and delayed college exams. The...

Swiss Re and Daimler launch new company Movinx, to transform automotive & mobility insurance business

by AIP Online Bureau | Oct 12, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

  Zurich/Stuttgart: Swiss Re and Daimler Insurance Services have entered into a strategic partnership for automotive and mobility insurance and launched a new company called Movinx.  Both  shareholders of the 50/50 joint venture will...

Novel coronavirus can last 28 days on glass, currency, Australian study finds

by AIP Online Bureau | Oct 11, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic, Risk Management

  MELBOURNE/SYDNEY: The virus that causes COVID-19 can survive on banknotes, glass and stainless steel for up to 28 days, much longer than the flu virus, Australian researchers said on Monday, highlighting the need for cleaning and handwashing to combat the...

Less than 1000 coronavirus deaths recorded for 8 consecutive days in India

by AIP Online Bureau | Oct 11, 2020 | Uncategorized

  New Delhi: India's COVID-19 recoveries crossed the 60-lakh mark, while less than 1000 coronavirus deaths have been recorded daily for eight consecutive days, the Union Health Ministry said on Sunday. Active cases of coronavirus are less than nine lakh for...

Why is the European Central Bank eyeing a ‘digital euro’?

by AIP Online Bureau | Oct 11, 2020 | Eco/Invest/Demography, International News

  The European Central Bank will on Monday launch a public consultation and start experiments to help it decide whether to create a "digital euro" for the 19-nation currency club. The move comes as the pandemic accelerates a shift away from cash, and as...

PM Modi launches property-card scheme to aid rural households

by AIP Online Bureau | Oct 11, 2020 | Eco/Invest/Demography, Indian News, Non-Life

  MUMBAI: Prime Minister Narendra Modi launched a property-card scheme on Sunday that he vowed would provide clarity of property rights in villages and enable farmers to use their property as collateral for loans from financial institutions. Two-thirds of...

FPIs turn positive on Indian markets, invest Rs 1,086 cr so far in October

by AIP Online Bureau | Oct 11, 2020 | Eco/Invest/Demography, Indian News

  New Delhi: FPIs turn positive on Indian markets, invest Rs 1,086 cr so far in October Foreign portfolio investors (FPI) have invested Rs 1,086 crore on a net basis so far in October in Indian markets, tracking encouraging factors including improved GST...
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