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Thunderstorm, lightning kill 110 people in Bihar and UP 

by AIP Online Bureau | Jun 26, 2020 | Eco/Invest/Demography, Indian News, Non-Life

  Patna/Lucknow: Thunderstorms and lightning have wrought havoc in Bihar and Uttar Pradesh over the past two days, claiming 110 lives, leaving at least 32 injured and causing widespread damage to property, officials in the two states said on Thursday.   The...

IMF warns markets at risk of correction after run-up

by AIP Online Bureau | Jun 26, 2020 | Eco/Invest/Demography, Health, International News, Pandemic

New York: Markets for stocks and other risky assets could suffer a second swoon if the coronavirus spreads more widely, lockdowns are reimposed or trade tensions surge again, the International Monetary Fund warned on Thursday.   Equity markets tailspinned into...

Amazon agrees to buy self-driving startup Zoox for over $1 billion

by AIP Online Bureau | Jun 26, 2020 | Facts, Technology

  Seattle: Amazon.com Inc has agreed to pay over $1 billion to buy self-driving startup Zoox Inc, the Information reported on Thursday, citing sources, in a move that would expand the e-commerce giant’s reach in autonomous-vehicle technology.   The...

Trump administration asks Supreme court to invalidate Affordable Care Act

by AIP Online Bureau | Jun 26, 2020 | Eco/Invest/Demography, Health, International News

Washington: The administration of President Donald Trump on Thursday has asked the U.S. Supreme Court to invalidate the Affordable Care Act (ACA), also called Obamacare, a law seen as an important legislative achievement of former president Barack Obama.  ...

Pakistan pilot licence irregularities are ‘serious lapse’ – IATA

by AIP Online Bureau | Jun 26, 2020 | International News, Non-Life, Risk Management

PARIS: Irregularities found in pilot licences at Pakistan International Airlines (PIA) represent a “serious lapse” in safety controls, global airlines body IATA said on Thursday after the carrier grounded one third of its pilots. “We are following...

India joins ‘Alliance for Poverty Eradication’ at UN as founding member

by AIP Online Bureau | Jun 25, 2020 | Eco/Invest/Demography, Facts, Health

  India has become a founding member of an Alliance for Poverty Eradication at the UN, launched by the President of the General Assembly, aimed at focussing on efforts to boost global economy in the aftermath of the COVID-19 pandemic.   President of the 74th...

Federal Bank to buy additional 4% stake in life insurance JV from IDBI Bank for over Rs 80 crore

by AIP Online Bureau | Jun 25, 2020 | Banking & Bancassurance, Indian News, Life

  Mumbai: South-based lender Federal Bank will be paying over Rs 80 crore to buy additional four per cent stake in its life insurance joint venture IDBI Federal Life Insurance, a top official has said.   The stake buy from the state-run IDBI Bank will take...

Railways cancels all regular train services till August 12

by AIP Online Bureau | Jun 25, 2020 | Eco/Invest/Demography, Indian News, Pandemic

New Delhi: All regular mail, express and passenger services as well as suburban trains have been cancelled till August 12, the Railway Board said on June 25. Sources said that the decision was taken keeping in mind the increasing number of coronavirus cases in the...

Maharashtra bans guru’s ‘spurious’ coronavirus treatment

by AIP Online Bureau | Jun 25, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic

   MUMBAI: Maharashtram India’s richest state, on Thursday banned a “spurious” coronavirus treatment manufactured by a company founded by popular yoga guru, which he says has a 100% record in curing patients.Baba Ramdev, co-founder of...

Even six months after it began, plenty of people unaware of Covid-19

by AIP Online Bureau | Jun 25, 2020 | Eco/Invest/Demography, Facts, Pandemic

  A half-year into the most momentous pandemic in decades, it's hard to imagine that anyone, anywhere has not heard of the coronavirus.   But scores of migrants arriving in Somalia tell United Nations workers every day that they are unaware of Covid-19....
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