by AIP Online Bureau | Aug 31, 2020 | Indian News, Non-Life
New Delhi: After posting losses in 2019-20, state owned Oriental Insurance Company (OIC), under its newly appointed CMD SN Rajeswari, has charted out strategies to improve its performance. OIC had a loss(profit/loss before tax) of Rs 1498...
by AIP Online Bureau | Aug 31, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic
A more infectious mutation of the new coronavirus has been found in Indonesia, the Jakarta-based Eijkman Institute for Molecular Biology said on Sunday, as the Southeast Asian country's caseload surges. Indonesia reported 2,858 new infections on Sunday,...
by AIP Online Bureau | Aug 31, 2020 | Eco/Invest/Demography, Facts
Female managers remain woefully under-represented in the fund industry, but they’re doing a better job picking stocks than their male counterparts, at least this year. Among some 500 large-cap US mutual funds, those with at least one-third of manager positions...
by AIP Online Bureau | Aug 31, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: The suspension of scheduled international passenger flights has been extended till September 30, said Indian aviation regulator DGCA on Monday. "However, international scheduled flights may be allowed on selected routes by the competent authority on a...
by AIP Online Bureau | Aug 31, 2020 | Eco/Invest/Demography, Indian News
NEW DELHI: India’s economy contracted at its steepest pace on record of 23.9% in the June quarter as the pandemic lockdown cut consumer and business spending, putting pressure on the government and central bank for additional stimulus and a rate cut.The...
by AIP Online Bureau | Aug 31, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: The novel coronavirus tally in India crossed 36 lakh on Monday with 78,512 new cases, while the number of recoveries surged to 27,74,801, pushing the recovery rate to 76.62 per cent, the Health Ministry said. The death toll climbed to 64,469 with 971...
by AIP Online Bureau | Aug 31, 2020 | Eco/Invest/Demography, Facts, Non-Life, Technology
By Derrick Bryson Taylor In the 1880s, the first automobile was developed and about two decades later, the Wright brothers in North Carolina invented the first successful airplane. Today, the world is closer to combining those two concepts as a Japanese tech...
by AIP Online Bureau | Aug 30, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic, Technology
TOKYO: At a factory south of Japan’s Toyota City, robots have started sharing the work of quality-control inspectors, as the pandemic accelerates a shift from Toyota’s vaunted “go and see” system which helped revolutionise mass production in...
by AIP Online Bureau | Aug 30, 2020 | Eco/Invest/Demography, Facts, Health, Risk Management
New Delhi: The COVID-19 pandemic has brought a major shift in consumption patterns among consumers as necessary purchases are taking precedence over luxury spending, Nestlé India chairman Suresh Narayanan has said. Stating that the coronavirus crisis has...
by AIP Online Bureau | Aug 30, 2020 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: Private companies have began investing in farm sector spurred by the recent reforms that will help increase farmers' income, according to Agriculture Secretary Sanjay Agarwal. The government recently brought three major reforms via Ordinances. It...