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62,064 new COVID cases; 1,007 deaths

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

New Delhi: India's novel coronavirus tally crossed the 22-lakh mark on Monday with 62,064 new cases, while the death toll climbed to 44,386 with 1,007 more fatalities, the Health Ministry said. The recoveries surged to 15,35,743 with a record 54,859 more people...

LIC launches month-long `Special Revival Campaign” for its policyholders

by AIP Online Bureau | Aug 9, 2020 | Eco/Invest/Demography, Indian News, Life

Mumbai: To encourage continuation of risk cover in the current circumstances of high risk Cavid-19 Pandemic, the Life Insurance Corporation(LIC) on Sunday has unveiled `Special Revival Campaign; for its policyholders to revive their lapsed policies. Policies which are...

“Millennial buyers and the maturity of digital tools will bring about profound change in insurance distribution models”

by AIP Online Bureau | Aug 9, 2020 | Eco/Invest/Demography, Interviews, Life, Technology

  How do you see the situation triggered by the Covid-19 Pandemic and its extensive impacts on insurers? The biggest challenges and impact insurers are facing due to Covid-19 are: (1)the inability to sell face-to-face (this is pretty much how insurance was sold...

Why the Coronavirus Is More Likely to ‘Superspread’ Than the Flu

by AIP Online Bureau | Aug 9, 2020 | Eco/Invest/Demography, Facts, Health

  For a spiky sphere just 120 nanometers wide, the coronavirus can be a remarkably cosmopolitan traveler. Spewed from the nose or mouth, it can rocket across a room and splatter onto surfaces; it can waft into poorly ventilated spaces and linger in the air for...

Cabinet likely to take up proposal for Credit Guarantee Enhancement Corp soon

by AIP Online Bureau | Aug 9, 2020 | Eco/Invest/Demography, Indian News, Policy, Risk Management

  New Delhi: India requires an investment of whopping Rs 111 lakh crore in infrastructure over the next five years to sustain a healthy economic growth, according to the report of the Task Force on National Infrastructure Pipeline (NIP). The Union Cabinet is...

FPIs remain net buyers in first week of August; pump in Rs 8,327 crore

by AIP Online Bureau | Aug 9, 2020 | Eco/Invest/Demography

  New Delhi: Overseas investors remained net buyers in Indian markets by investing a net Rs 8,327 crore in the first week of August amid better than expected results by big Indian companies. Foreign portfolio investors (FPI) invested a net Rs 7,842 crore in...

81% SMEs confident of recovery post Covid, 57% have no cash reserve: Survey

by AIP Online Bureau | Aug 9, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic

  New Delhi: Despite several businesses remaining closed during the lockdown, 81 per cent of micro-enterprises polled are confident of a recovery post Covid-19 whereas 57 per cent reported not having any cash reserves to survive, according to a survey. Initial...

COVID-19 impact: Major ports’ cargo handling drops 18% to 193 MT in April-July

by AIP Online Bureau | Aug 9, 2020 | Eco/Invest/Demography, Indian News, Non-Life

New Delhi: Hit by disruptions caused by COVID-19, India's major ports continued to witness a fall in cargo handling, registering 18.06 percent dip to 193.38 million tonnes (MT) between April and July this fiscal, according to the Indian Ports Association (IPA)....

Scientists develop low-cost way to test mask against viral droplets

by AIP Online Bureau | Aug 9, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic, Technology

  Using widely available tools, scientists have developed a simple method to visualise how effectively different types of masks prevent the spread of droplets that could contain novel coronavirus particles, an advance which could aid small scale mask producers to...

PM Modi launches financing facility worth Rs 1 lakh crore under Agriculture Infrastructure Fund

by AIP Online Bureau | Aug 9, 2020 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: PM launches Rs 1 trn Agri-Infra Fund, sends Rs 17,100 cr to 85 mn farmersPrime Minister Narendra Modi on Sunday launched a financing facility of Rs 1 trillion under the Agriculture Infrastructure Fund for agri-entrepreneurs, startups, agri-tech...
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