by AIP Online Bureau | Apr 27, 2020 | Intermediaries, International News, Non-Life
London: Total capital dedicated to the global reinsurance industry measured US$605 billion at year-end 2019, reflecting robust 15 per cent year-on-year growth.This was primarily driven by 2019’s strong investment market performance and...
by AIP Online Bureau | Apr 27, 2020 | Eco/Invest/Demography, Indian News, Regulation
Mumbai: The Reserve Bank of India on Monday announced a Rs 50,000 crore special liquidity facility for mutual fund, days after Franklin Templeton Mutual Fund decided to close six debt schemes. In a statement, the central bank said heightened volatility in...
by AIP Online Bureau | Apr 27, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
When the timeline of the pandemic of 2020 is complete, March 24 will stand out as a day to remember for everyone from sports fans to anthropologists to cola drinkers. Japan postponed the Summer Olympics that day. India put 1.3 billion people under...
by AIP Online Bureau | Apr 27, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
Higher fares, fewer routes, pre-flight health checks and less free food: The coronavirus pandemic is ushering in a new era of air travel. A seismic shift is underway as the world’s airlines reassess their operations and how they will look emerging...
by AIP Online Bureau | Apr 26, 2020 | Eco/Invest/Demography, Indian News, Policy
MUMBAI: A group of Indian Revenue Service officers have recommended taxing the super rich, and foreign companies, to help pay for the coronavirus economic fallout, but the government brushed off the idea, saying it did not reflect official views.Some 50 officers of...
by AIP Online Bureau | Apr 26, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
Even after the world finds a way to combat the virus responsible for Covid-19, it should prepare for more outbreaks caused by bat-borne coronaviruses, warns a top virologist from China. "We must find them before they find us," Shi Zhengli who...
by AIP Online Bureau | Apr 26, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life
Mumbai: Union Bank of India, which received 30 per cent stake in insurance joint venture IndiaFirst Life Insurance by virtue of the mega bank consolidation exercise of the government, plans to pare its holding to less than 10 per cent, a senior official said. Union...
by AIP Online Bureau | Apr 26, 2020 | Eco/Invest/Demography, Health, Indian News
New Delhi: Union Health Secretary Preeti Sudan, who was due to superannuate on April 30, was given a three-month extension as part of a major top-level bureaucratic reshuffle effected by the central government today amid the coronavirus crisis. The decision...
by AIP Online Bureau | Apr 26, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi: Minister of State for Prime Minister Office, Jitendra Singh clarified that central government is not reducing the age of government employees. While talking to ANI, Jitendra Singh said, "There has been no such move at all at any level in...
by AIP Online Bureau | Apr 26, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi, The death toll due to COVID-19 rose to 824 and the number of cases climbed to 26,496 in India on Sunday, according to the Union health ministry The death toll increased by 45 and the number of cases has gone up by 1,554 since the ministry last...
