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Digital payments soar manifold in 5 years to FY20: RBI

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

  Mumbai: Concerted efforts by the Reserve Bank to move to a non/less-cash economy by pushing digital payments have begun to pay rich dividends as the volume of such payments has jumped manifold in the past five years, the latest data from the central bank...

Emergency use authorization for COVID-19 vaccine to depend on clinical trial data

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

New Delhi: Union Health Minister Harsh Vardhan on Sunday saidthe government has not yet taken a view on granting emergency authorisation to COVID-19 vaccines in India, as and when they become available. The minister also said that the indigenously developed Feluda...

Delhi govt exempts road tax on battery-operated vehicles under its EV policy

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

New Delhi: The Delhi government has exempted road tax on its battery-operated vehicles under its new Electric Vehicle Policy, Delhi Transport minister Kailash Gahlot said on Sunday. The Transport department, in it notification issued on Saturday, stated that the...

Digital healthcare to witness exponential growth in next 5 years: Practo CEO

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

New Delhi:  Digital healthcare in the country is going to witness exponential growth in the next five years and there is a long way to go for the sector and companies in this space, Practo co-founder and CEO Shashank ND said on Sunday. The healthcare as an...

COVID-19 cases in India cross 70-lakh mark,fatality rate at 1.54 per cent

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

  New Delhi:  India's COVID-19 tally of cases raced past 70 lakh, 13 days after it had crossed the 60-lakh mark, while the number of people who have recuperated from the disease crossed 60 lakh, according to the Union Health Ministry data updated on...

Worst is over, economic recovery faster than expected: HDFC CEO Keki Mistry

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

New Delhi: Mortgage lender HDFC Ltd's CEO Keki Mistry on Saturday said the "worst is behind us" and the economic recovery has been faster than expected. Stating that the December quarter growth could outperform the expansion logged in the corresponding...

Major ports’ cargo traffic falls for 6th straight month; logs 14% drop

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

  Hit by the COVID-19 pandemic, India's top 12 ports continue to witness considerable decline in cargo traffic registering a 14 per cent dip in the first half of the current fiscal to 298.55 million tonnes (MT), according to ports' apex body IPA. Cargo...

India data centre infra market to touch $2.8bn in 2020:Gartner

by AIP Online Bureau | Oct 11, 2020 | Eco/Invest/Demography, Facts, Technology

The data centre infrastructure spending in India is expected to touch $2.8 billion, with an year over year decline of 14.4 per cent in 2020 and an estimated single digit growth in 2021, a new Gartner report said on Wednesday. Many Indian enterprises have delayed their...

Mexico makes nearly $160 million down payment for COVAX vaccine plan

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

  MEXICO CITY: Mexico’s government announced on Saturday that it paid the World Health Organization $159.88 million to secure access to COVID-19 vaccines through the agency’s COVAX plan as countries across the globe race to secure supplies. The global...

Freeport does a balancing act as world’s biggest gold mine grapples with COVID-19

by AIP Online Bureau | Oct 11, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Workplace/Employee Benefits

When miners at Indonesia’s giant Grasberg gold and copper mine started testing positive for coronavirus early in the pandemic, the mountain-top mining complex was quickly locked down with a skeletal staff left in place to maintain production.But as months of...
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