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Trump unveils three-stage process for states to end coronavirus shutdown

by AIP Online Bureau | Apr 16, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  Washington/Geneva: President Donald Trump laid out new guidelines on Thursday for U.S. states to emerge from a coronavirus shutdown in a staggered, three-stage approach meant to revive the U.S. economy even as the country continues to fight the pandemic.  ...

Covid-19: Govt to transfer financial assistance only through DBT mechanism

by AIP Online Bureau | Apr 16, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Intermediaries

  New Delhi: The finance ministry on Thursday clarified that financial assistance to people hit by the Covid-19 crisis will be provided only through the Direct Benefit Transfer (DBT) mechanism and no other means.   The clarification came amid various rumours...

With drones and tests, India battles to keep virus out of Mumbai’s slums

by AIP Online Bureau | Apr 16, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

  MUMBAI: In an air-conditioned government building in Mumbai, a dozen officials are glued to a giant screen showing live drone and CCTV footage of crowded slums, the frontline in the city’s battle to contain the spread of the coronavirus.   When...

Climate change risk will have transformative effect on Energy sector, Willis Towers Watson

by AIP Online Bureau | Apr 16, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

  SINGAPORE: Climate change and Environmental Social Governance (ESG) will transform the energy industry risk landscape, according to Willis Towers Watson, a leading global advisory, broking, and solutions company, at the launch of its annual Energy Market...

India is world’s most digitally dexterous country: Gartner survey

by AIP Online Bureau | Apr 16, 2020 | Eco/Invest/Demography, Facts, Technology

Sixty-seven percent of digital workers in India said emerging technologies such as machine learning (ML), artificial intelligence (AI), Internet of Things (IoT) are increasing their effectiveness at work, according to a survey by Gartner, Inc.   The Gartner 2019...

PM Modi reviews impact of COVID-19 on economy; 2nd stimulus in consideration

by AIP Online Bureau | Apr 16, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: Prime Minister Narendra Modi on Thursday reviewed the impact of COVID-19 on the Indian economy and a possible second stimulus to boost sectors hit hard by the pandemic.   Modi held discussions with Finance Minister Nirmala Sitharaman as the...

Death toll due to COVID-19 touches 414; cases climb to 12,380

by AIP Online Bureau | Apr 16, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: The death toll due to coronavirus rose to 414 and the number of cases to 12,380 in the country on Thursday, according to the Union Health Ministry   While the number of active COVID-19 cases is 10,477, as many as 1,488 people have been cured and...

Pandemic to bring Asia’s 2020 growth to halt for first time in 60 years: IMF

by AIP Online Bureau | Apr 16, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

TOKYO: Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an “unprecedented” toll on the region’s service sector and major export destinations, the International Monetary Fund...

China says WHO has said no evidence coronavirus was made in a lab

by AIP Online Bureau | Apr 16, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

BEIJING: China’s foreign ministry said on Thursday the World Health Organization has said there is no evidence that the coronavirus that has infected more than 2 million people globally was made in a lab.   Ministry spokesman Zhao Lijian made the remark in...

Hiscox says UK lockdown not covered under business interruption policy

by AIP Online Bureau | Apr 16, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Intermediaries, International News

London: Insurer Hiscox (HSX.L) said on Wednesday that its core policy wordings do not provide cover for business interruption due to a UK government-ordered lockdown put in place to prevent the spread of coronavirus.   Of UK small businesses who purchase cover...
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