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India air safety watchdog to check airports hit by heavy rain after crash

by AIP Online Bureau | Aug 11, 2020 | Disaster & Management, Eco/Invest/Demography, Risk Management

  NEW DELHI: India’s air safety regulator plans to conduct special audits of airports across the country affected by heavy rain, the watchdog’s chief told Reuters, days after an air crash killed 18 people and raised questions about safety. An Air...

Air passengers awaiting return to normalcy, leisure travel: Survey

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

Mumbai: Air passengers are "eagerly" awaiting the return to normalcy of flight operations and are looking forward to international leisure travel, a survey by Mumbai airport operator MIAL has claimed. An overwhelming majority of the people covered under the...

AXA Considers Sale of Singapore Business as It Seeks to Raise Funds: Sources

by AIP Online Bureau | Aug 11, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Singapore: AXA SA is considering a sale of its Singapore business as it seeks to raise funds divesting peripheral operations, according to people familiar with the matter. The French insurer is working with an adviser on the potential sale, the people said, asking not...

10 states account for 80% Covid-19 cases:PM Modi,

by AIP Online Bureau | Aug 10, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Single day COVID-19 cases dip below 55,000, recovery rate rises to 69.80 per centNew Delhi, Aug 11 (PTI) COVID-19 cases in India dipped below 55,000 in a single day on Tuesday after the country recorded over 60,000 cases daily for four days on the...

Govt resumes appointment of directors in PSU general insurance companies,BBB selects 9

by AIP Online Bureau | Aug 10, 2020 | Indian News, Non-Life, Policy

  New Delhi: After almost two years of gap,the government has revamped and completed the due exercise, on Monday, to appoint nine directors in the public sector general insurance industry. Putting an end to the earler system where the senior most general...

WHO decries ‘vast global gap’ in funds needed to fight coronavirus

by AIP Online Bureau | Aug 10, 2020 | Health, International News, Non-Life, Pandemic

  GENEVA: There is a “vast global gap” between funds needed to fight the coronavirus pandemic and funds committed, World Health Organization chief Tedros Adhanom Ghebreyesus said on Monday, and the WHO was only “10% of the way” there. More...

Passenger vehicle retail sales dip by 25% in July: FADA

by AIP Online Bureau | Aug 10, 2020 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: Automobile dealers' body FADA on August 10 said passenger vehicle (PV) retail sales in July declined by 25.19 percent to 1,57,373 units as compared to the same month last year as coronavirus pandemic continued to impact vehicle offtakes....

Kozhikode AI Express crash: 56 passengers sent home,says airline

by AIP Online Bureau | Aug 10, 2020 | Uncategorized

New Delhi: More than 50 passengers injured in Friday’s crash of the Air India Express plane in Kerala’s Kozhikode, in which 18 people were killed, have been discharged from hospitals, the airline said on Monday. Air India Express’ flight IX-1344 with...

Loss in Karnataka due to floods and torrential so far is estimated to be Rs 3,500-4,000 cr: Minister

by AIP Online Bureau | Aug 10, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

Bengaluru:  According to preliminary estimates, loss due to torrential rains and floods in several parts of Karnataka so far is to the tune of Rs 3,500-4,000 crore and the state government will seek immediate relief from the Centre, Revenue Minister R Ashoka said...

Shelf-life of skills now only 2-3 years,says NASSCOM Chairman

by AIP Online Bureau | Aug 10, 2020 | Eco/Invest/Demography, Indian News, Technology

  Bengaluru:  Chairman of IT-BPM industry body Nasscom, U B Pravin Rao, said on Sunday that the shelf life of skills is now only two to three years as he stressed the need for continuous, lifelong learning. As corporates are reinventing themselves,...
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