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 India watchdog bans former Deloitte partner over IL&FS unit audit

by AIP Online Bureau | Jul 22, 2020 | Eco/Invest/Demography, Indian News, Risk Management

MUMBAI: India’s National Financial Regulatory Authority (NFRA) on Wednesday imposed a seven-year audit ban on a former partner of Deloitte’s India unit for lapses in the audit of an infrastructure lender whose debt defaults sparked a credit crisis in 2018....

Global coronavirus cases exceed 15 million 

by AIP Online Bureau | Jul 22, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic

  SYDNEY/LONDON: Global coronavirus infections surged past 15 million on Wednesday, according to a Reuters tally, with the pandemic gathering pace even as countries remain divided in their response to the crisis.In the United States, which has the highest number...

ICICI Lombard partners with Phone Pe to offer Hospital Daily Cash benefit

by AIP Online Bureau | Jul 22, 2020 | Health, Indian News, Non-Life

  Mumbai: ICICI Lombard in partnership with PhonePe, a digital payments platform, today announced the launch of Hospital Daily cash benefitunder *Group Safeguard Insurance, a sachet-based group insurance product. It is a customized hospitalization policy...

Verisk releases New Ransomware Model as part of Cyber Risk Platform

by AIP Online Bureau | Jul 22, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

  JERSEY CITY, N.J.: Verisk , a leading data analytics provider, today announced the latest release of ARC (Analytics of Risk from Cyber)®, a state-of-the-art cyber risk modeling platform that informs risk selection, portfolio management, and risk transfer....

Govt to soon come out with a list of strategic sectors: DEA Secretary

by AIP Online Bureau | Jul 22, 2020 | Eco/Invest/Demography, Indian News

  New Delhi In line with the 'Aatmanirbhar Bharat Abhiyan' package, Economic Affairs Secretary Tarun Bajaj on Tuesday said the government will soon come out with a list of strategic sectors, and public sector companies in non-strategic sectors will be...

Don’t expect first Covid-19 vaccinations until early 2021, says WHO expert

by AIP Online Bureau | Jul 22, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic

  Rome: Researchers are making "good progress" in developing vaccines against Covid-19, with a handful in late-stage trials, but their first use cannot be expected until early 2021, a World Health Organization (WHO) expert said on Wednesday. WHO is...

India’s water crisis is forcing farmers to finally rethink what they grow

by AIP Online Bureau | Jul 22, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News

New Delhi: On a scorching summer day in northern India, Ajay Singh sat next to his water pump and scanned his 10 acres of farmland. He once used to grow rice each season to bring in about 150,000 rupees ($2,000) a year, well above the average income in the...

EU makes world’s biggest ‘green recovery’ pledge – but will it hit the mark?

by AIP Online Bureau | Jul 22, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, International News, Pandemic

  LONDON:  Pledging a record sum of money to slow climate change is one thing. Spending it wisely is another.After 90 hours of intense negotiations, European Union leaders reached a recovery deal on Tuesday that included devoting nearly 550 billion euros to...

Facebook’s WhatsApp to partner with more Indian banks in financial inclusion push

by AIP Online Bureau | Jul 22, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology

NEW DELHI:  Facebook Inc’s WhatsApp plans to team up with more Indian lenders to expand banking services in rural areas and for lower income individuals, the messaging platform’s country head said on Wednesday. WhatsApp, which counts India as its...

HCQ,chloroquine have no antiviral effect against any coronavirus:Studies

by AIP Online Bureau | Jul 22, 2020 | Facts, Health, Pandemic

  Berlin: Chloroquine and hydroxychloroquine, either alone or in combination with the antibiotic azithromycin, do not show any notable antiviral effect against infections with the novel coronavirus in macaques or human lung cells, according to two new studies in...
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