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About 400,000 global airline jobs lost or at risk due to virus

by AIP Online Bureau | Jul 24, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

  About 400,000 airline workers have been fired, furloughed or told they may lose their jobs due to the coronavirus, according to Bloomberg calculations. The aviation industry has suffered more than most as the pandemic destroys ticket sales and strips companies...

Companies need immediate rethink on U.S. data transfers,says EU watchdog

by AIP Online Bureau | Jul 24, 2020 | Eco/Invest/Demography, International News

  BRUSSELS: Companies seeking to transfer data to the United States must revert to new arrangements with immediate effect after the Privacy Shield transatlantic pact was declared invalid last week, a European Union watchdog said on Friday. The privacy watchdog...

Scavengers in India risk health to sift coronavirus debris

by AIP Online Bureau | Jul 24, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Pandemic

NEW DELHI: Mansoor Khan and his wife Latifa Bibi have been collecting scraps of plastic and other items at an enormous landfill site on the outskirts of New Delhi for nearly 20 years.Their $5 daily earnings each keep their three children at school, in search of a...

Cipla gets India approval to sell COVID-19 drug favipiravir

by AIP Online Bureau | Jul 24, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic

BENGALURU: Cipla Ltd has received Indian regulatory approval to sell anti-viral drug favipiravir to treat COVID-19, the drugmaker said on Friday, as coronavirus infections in the world’s third worst-hit nation show no sign of abating. The Drug Controller General...

Domestic airfare cap to remain in place till Nov 24:Aviation Ministry

by AIP Online Bureau | Jul 24, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic

New Delhi: The upper and lower limits on domestic airfares have been extended till November 24, the Aviation Ministry said Friday. The ministry had on May 21 placed these limits till August 24. “As per the prevailing situation of COVID-19, the Central...

Govt notifies new rules for e-commerce entities

by AIP Online Bureau | Jul 24, 2020 | Eco/Invest/Demography, Indian News, Intermediaries, Technology

  New Delhi: The government has notified new rules for e-commerce companies, including mandatory display of 'country of origin' on their products, and said any non-compliance will attract penal action. The 'Consumer Protection (E-Commerce) Rules,...

“Arogya Sanjeevani”policy can be offered as a group cover:IRDAI

by AIP Online Bureau | Jul 24, 2020 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Non-Life, Pandemic

  Hyderabad: The insurance regulator IRDAI  has now allowed the insurers to offer “Arogya Sanjeevani” Policy,the standard individual health insurance policy,to the public also as a group policy under the same name “Arogya...

Lloyd’s approves “Syndicate-in-a-Box”,to insure transport of future COVID-19 Vaccine

by AIP Online Bureau | Jul 24, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

  London:  Lloyd’s, the world’s leading specialist insurance and reinsurance market, today announced the creation and in principle approval* of its newest “syndicate in a box,” Syndicate 1796, set up to insure the storage and...

COVID-19:Record single-day spike of 49,310,death toll mounts to 30,601,tally at 12,87,945

by AIP Online Bureau | Jul 24, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Pandemic

New Delhi: India saw a record single-day spike of 49,310 COVID-19 cases taking the country's virus tally to 12,87,945 on Friday, while the recoveries surged to 8,17,208, according to the Union Health Ministry data. The death toll mounted to 30,601 with 740 new...

WHO chief says comments questioning his independence ‘untrue and unacceptable’

by AIP Online Bureau | Jul 24, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Pandemic

GENEVA: The head of the World Health Organization said on Thursday that reported comments by U.S. Secretary of State Mike Pompeo questioning his independence were untrue and would not distract the organisation from its work in fighting the coronavirus. Director...
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