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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...

Though COVID-19 cases are surging in Kerala, death rate is 0.36%, says Health minister

by AIP Online Bureau | Oct 10, 2020 | Eco/Invest/Demography

  Thiruvananthapuram: Though COVID-19 cases are surging in Kerala, death rate is 0.36%, says Health minister K K ShailajaThough Kerala is witnessing a spike in COVID-19 cases of late, there is a silver lining as the mortality rate was only 0.36 percent, Health...

Moratorium period exceeding six months may result in vitiating overall credit discipline: RBI to SC

by AIP Online Bureau | Oct 10, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Pandemic, Risk Management

  New Delhi: A loan moratorium exceeding six months might result in vitiating the overall credit discipline, which will have a debilitating impact on the process of credit creation in the economy, the Reserve Bank of India has told the Supreme Court. In an...

Four low-intensity earthquakes recorded near Porbandar in Gujarat

by AIP Online Bureau | Oct 10, 2020 | Eco/Invest/Demography, Indian News, Risk Management

Four minor earthquakes were recorded in the Porbandar area in Gujarat's Saurashtra region on Saturday, officials said. No casualty or damage to property was reported. There were two quakes of magnitude 3.3 and 3 near Porbandar at 8.05 am and 9.44 am, said the...
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