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COVID-19 Pandemic:“None of us is safe until all”says UN Chief

by AIP Online Bureau | May 5, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Policy

  New York: UN Secretary-General Antonio Guterres has said that overcoming the coronavirus pandemic will require the most massive public health effort in history since it is an interconnected world where “none of us is safe until all of us are safe”....

Intel buys Moovit transit app for $900 mn to develop self-driving robotaxis

by AIP Online Bureau | May 5, 2020 | Eco/Invest/Demography, International News, Non-Life, Technology

  Jerusalem/New York:  Chipmaker Intel Corp has bought Israeli public transit app maker Moovit for about $900 million to help it develop self-driving "robotaxis" that could take to the streets in early 2022, the company said on Monday.  ...

SBI Life’s PAT grows by 7% to Rs1,420 crore in FY 2020

by AIP Online Bureau | May 5, 2020 | Indian News, Life

  Mumbai: The Profit after Tax (PAT) of SBI Life, the second largest private sector life insurers, on the basis of the market share, grew by 7% to Rs 1,420 crore in FY 2020 from Rs1,330 crore in FY2019.   The life insurer, with a 6.41 per cent...

AIG launches Lloyd’s Syndicate 2019, largest Syndicate to reinsure risks from insurer’s Private Client Group

by AIP Online Bureau | May 5, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

  London: American International Group, Inc.(AIG) today announced the launch of Lloyd’s Syndicate 2019. This landmark Syndicate, the largest ever to be launched through Lloyd’s, will exclusively reinsure risks from AIG’s Private Client Group...

India should put in large enough stimulus package to revive demand: Abhijit Banerjee

by AIP Online Bureau | May 5, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

New Delhi: India should come out with a large enough stimulus package to revive demand, Nobel laureate Abhijit Banerjee said on Tuesday, asserting that putting cash in the hands of people would be the best way to boost the economy post lockdown.   Banerjee, while...

Covid-19 Pandemic: RBI may extend moratorium on bank loans by 90 more days

by AIP Online Bureau | May 5, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

  Mumbai: With further extension of the nationwide lockdown, the RBI is considering a proposal for extending the moratorium on bank loans by another three months to help people and industry impacted by the ongoing lockdown to contain COVID-19.   Suggestions...

Coronavirus health fears outweigh concern for economy: global survey

by AIP Online Bureau | May 5, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

LONDON: A substantial majority of people around the world want their governments to prioritise saving lives over moves to restart economies being hammered by measures aimed at halting the spread of the new coronavirus, a global survey found.The latest findings of the...

COVID-19 death toll rises to 1,568 in India; cases climb to 46,433

by AIP Online Bureau | May 5, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: The death toll due to COVID-19 rose to 1,568 and the number of cases climbed to 46,433 in the country on Tuesday, the Union Health Ministry said.   The number of active cases stood at 32,138, while 12,726 people have recovered and one patient...

WHO cautions against untested COVID-19 traditional remedies

by AIP Online Bureau | May 5, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

PARIS: The World Health Organization (WHO) said on Monday that medicinal plants such as Artemisia annua, touted as possible treatments for COVID-19, should be tested for efficacy and side effects.   The WHO said it supported scientifically proven traditional...

Researchers double U.S. COVID-19 death forecast, citing eased restrictions

by AIP Online Bureau | May 5, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

NEW YORK:  A newly revised coronavirus mortality model predicts nearly 135,000 Americans will die from COVID-19 by early August, almost double previous projections, as social-distancing measures for quelling the pandemic are increasingly relaxed, researchers said...
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