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COVID-19 to accelerate use of drone technology among insurers, says GlobalData

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Non-Life, Reinsurance, Risk Management, Technology

  London: Drone usage within the insurance industry is expected to be accelerated due to the impact of COVID-19. The pandemic will change the way people and businesses interact and contactless drone inspections will become even more valuable to the insurers, says...

COVID-19: Centre lists parameters for states to delineate red, orange, green zones

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Indian News

New Delhi: Parameters laid down by the Union Health Ministry such as active COVID-19 cases, doubling and fatality rates and cases per lakh population have to be taken into consideration by states and union territories while categorising areas into red, orange or green...

Amphan turns Super Cyclone, Odisha initiates evacuation

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Indian News

  New Delhi: Cyclone ‘Amphan’ intensified into a super cyclonic storm on Monday and is likely to move across the northeast Bay of Bengal, and cross the West Bengal and Bangladesh coasts between Digha and the Hatia island on May 20, the IMD said....

Odisha, Bengal brace to fight cyclone Amphan amid Covid crisis; NDRF deployed

by AIP Online Bureau | May 17, 2020 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

  Bhubaneswar/Kolkata/New Delhi:  Personnel of the NDRF were deployed on Sunday in West Bengal and Odisha, which said it was ready to undertake massive evacuation of 11 lakh people likely to be severely hit by the cyclone 'Amphan', officials said....

Punjab staring at loss of Rs 50,000 crore due to COVID-19: Chief Minister

by AIP Online Bureau | May 17, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News

  New Delhi: Punjab is staring at a "minimum loss" of Rs 50,000 crore this year due to the ongoing COVID -19 lockdown, and Chief Minister Amarinder Singh has hinted at some "tough decisions" on taxation for revenue generation. In an interview...

12 lakh EPFO members withdraw Rs 3,360 cr retirement savings during lockdown: FM

by AIP Online Bureau | May 17, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

New Delhi: Finance Minister Nirmala Sitharaman on Sunday said around 12 lakh members of the Employees' Provident Fund Organisation (EPFO) withdrew Rs 3,360 crore retirement savings during the coronavirus-induced lockdown.   Earlier, on March 28, the EPFO...

COVID-19 could cost 135 mn jobs, push 120 mn people into poverty in India: Report

by AIP Online Bureau | May 17, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: Following the COVID-19-induced economic disruptions, up to 135 million jobs could be lost and 120 million people might be pushed back into poverty in India, all of which will have a hit on consumer income, spending and savings, according to a report...

Govt to retain up to 4 CPSEs in a strategic sector, to privatise others

by AIP Online Bureau | May 17, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

New Delhi: The government on Sunday said there will be a maximum of four public sector companies in strategic sectors, and state-owned firms in other segments will eventually be privatised.   This will be part of a new coherent Pubic Sector Enterprises Policy to...

MHA extends nationwide lockdown till May 31,new guidelines issued

by AIP Online Bureau | May 17, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Policy

NEW DELHI: On the basis of the advise by the National Disaster Management Authority (NDMA), the Union home ministry on Sunday extended the ongoing lockdown for another two weeks till May 31 to contain the spread of Covid-19.    This is the third...

Covod-19 Pandemic:Cases climb to 90,927,death toll at 2,872

by AIP Online Bureau | May 17, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: The death toll due to COVID-19 rose to 2,872 and the number of total positive cases climbed to 90,927 Sunday morning, registering an increase of 120 fatalities and a record jump of 4,987 new cases in 24 hours, since 8 AM Saturday, according to the...
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