by AIP Online Bureau | Sep 6, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Pandemic
The costs of India’s Covid crisis are too high and it can't afford to lose money right now. India is reeling from a quadruple whammy that is practically unique even during this pandemic. First, growth has taken a hit that appears to be larger than any...
by AIP Online Bureau | Sep 6, 2020 | Eco/Invest/Demography, Indian News
New Delhi: Full refund shall be provide by airlines immediately for tickets booked during the Covid-19 lockdown period for domestic or international travel within the lockdown period, civil aviation regulator DGCA has proposed in the Supreme Court. For all...
by AIP Online Bureau | Sep 6, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Technology
New Delhi: The government is mulling setting up at least one electric vehicle (EV) charging kiosk each at nearly 69,000 petrol pumps across the country to induce people to go for electric mobility. Besides, the government is also thinking of making it compulsory to...
by AIP Online Bureau | Sep 6, 2020 | Disaster & Management, Eco/Invest/Demography, International News
TOKYO: Typhoon Haishen battered Japan’s southern mainland on Sunday with powerful winds and drenching rain, cutting power to tens of thousands of homes and prompting authorities to call for some 1.8 million people to evacuate. Haishen was drawing closer to...
by AIP Online Bureau | Sep 6, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
Mumbai: In a bid to optimise its costs, the State Bank of India (SBI) has planned a voluntary retirement scheme (VRS) under which about 30,190 employees are eligible. The total employee strength of country's largest lender stood at 249,000 at the end of...
by AIP Online Bureau | Sep 6, 2020 | Eco/Invest/Demography, Health, Indian News
New Delhi: India's COVID-19 tally of cases mounted to 41,13,811 with a record 90,632 people being infected in a day, while the death toll climbed to 70,626 with the novel coronavirus virus claiming 1,065 lives in a span of 24 hours in the country,...
by AIP Online Bureau | Sep 5, 2020 | Eco/Invest/Demography, Indian News
New Delhi: Finance Minister Nirmala Sitharaman on Saturday said India's commitment to reform is being taken seriously by foreign investors, which is evident from the good inflow of FDI even during the time of COVID-19. Between April-July, the Foreign Direct...
by AIP Online Bureau | Sep 5, 2020 | Eco/Invest/Demography, Facts
Payouts for medical claims and cancellations in travel insurance to reach record-breaking levels as more insurers offer COVID-19 cover, says GlobalData An increasing number of insurers, including big names such as Blue Insurance, Allianz, Caster, and...
by AIP Online Bureau | Sep 5, 2020 | Eco/Invest/Demography, Indian News
India’s shrinking economy is not stopping foreign investors from pouring money into the nation’s stocks betting on a recovery. International buyers plowed a net $6 billion into shares in Asia’s third-largest economy in August, the most since...
by AIP Online Bureau | Sep 5, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology
Mumbai: State Bank of India (SBI) managing director Ashwani Bhatia on Friday said Fintech is the way forward for the Indian banking and payment system as there is a lot of opportunity for growth. Giving the example of SBI, he said, 91 per cent of jobs are being done...
