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Covid-19: Domestic passenger vehicle sales plunge 51% in March: SIAM

by AIP Online Bureau | Apr 13, 2020 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: As per the data released by Society of Indian Automobile Manufacturers (SIAM), passenger vehicle sales last month dropped to 1,43,014 units as compared with 2,91,861 units in March 2019, a decline of 51 per cent.   Similarly, commercial vehicles...

Countries facing pressure to loosen virus restrictions

by AIP Online Bureau | Apr 13, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

Tokyo: South Korean officials warned Monday that hard-earned progress fighting the coronavirus pandemic could be upset by new infections at bars and leisure spots, highlighting global tensions between governments desperate to maintain social distancing and citizens...

COVID-19 death toll rises to 308, cases 9,152, Modi to address the nation at 10 am tom

by AIP Online Bureau | Apr 13, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: The death toll due to the novel coronavirus pandemic rose to 308 on Monday after 35 new fatalities were reported, while the number of cases climbed to 9,152, according to the Union Health Ministry.   The number of active coronavirus cases...

World”s biggest lockdown may have cost Rs 7-8 lakh cr to Indian economy

by AIP Online Bureau | Apr 13, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: The world's biggest lockdown that shut a majority of the factories and businesses, suspended flights, stopped trains and restricted movement of vehicles and people, may have cost the Indian economy Rs 7-8 lakh crore during the 21-day period,...

Equity markets may see volatility in holiday-shortened week ahead:Experts

by AIP Online Bureau | Apr 12, 2020 | Uncategorized

  New Delhi: Stock markets are expected to witness volatile trading sessions in the holiday-shortened week ahead, with investor sentiment to be guided by developments around the Covid-19 crisis, analysts said.   Markets would get a leg up if the lockdown is...

Lessons countries can learn from COVID-19 in Italy decoded

by AIP Online Bureau | Apr 12, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

  Washington: According to the analysis, published in the Journal of the American Medical Association, the number of cases and deaths in Italy cannot be explained simply because of the epidemic starting in the country earlier compared with other countries besides...

Govt is well prepared in case of exponential rise in Covid-19 numbers

by AIP Online Bureau | Apr 12, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: As many as 909 COVID-19 cases and 34 deaths have been reported in the last 24 hours, taking the total number of such cases to 8,356 and the death toll to 273 in the country, the Union Health Ministry said on Sunday, while asserting that the...

PNB to retain stake in two life insurance ventures as Irdai gives nod

by AIP Online Bureau | Apr 12, 2020 | Banking & Bancassurance, Indian News, Life

  New Delhi: Following the merger of Oriental Bank of Commerce on April 1 with PNB, 23 per cent of stake of the former in Canara HSBC OBC Life Insurance stands transferred to latter.   Already, PNB is a promoter of PNB Metlife Insurance with the highest...

In grim milestone, United States logs world’s highest coronavirus death toll

by AIP Online Bureau | Apr 12, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

NEW YORK: The United States surpassed Italy on Saturday as the country with the highest reported coronavirus death toll, recording more than 20,000 deaths since the outbreak began, according to a Reuters tally.   The grim milestone was reached as President Donald...

FPIs pull out Rs 9,103 cr in April as Covid-19 triggers rush to safe havens

by AIP Online Bureau | Apr 12, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

New Delhi: Overseas investors have pulled out a net Rs 9,103 crore from the Indian markets in April so far as the Covid-19 crisis triggered a return to safe haven assets like gold and dollar-denominated securities.   According to the latest depositories data,...
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