by AIP Online Bureau | Mar 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi: Prime Minister Narendra Modi on Saturday announced the creation of an assistance and emergency situation relief fund where people can contribute and help in the government's fight against coronavirus. The Prime Minister's Citizen Assistance...
by AIP Online Bureau | Mar 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi: India needs at least 38 million masks and 6.2 million pieces of personal protective equipment as it confronts the spread of coronavirus, and has approached hundreds of companies to secure supplies quickly, according to a report by the country's...
by AIP Online Bureau | Mar 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi: India's already-slowing economy weakened to at least an eight-year low this quarter and will slow even more sharply in the next six months due to the global coronavirus pandemic, a Reuters poll found. With the virus spreading rapidly,...
by AIP Online Bureau | Mar 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
NEW YORK: Doctors and nurses on the front lines of the U.S. coronavirus crisis pleaded on Friday for more protective gear and equipment to treat waves of patients expected to overwhelm hospitals as the sum of known U.S. infections climbed well past 100,000, with more...
by AIP Online Bureau | Mar 28, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
MUMBAI: The bustling streets are silent across much of India as the country heeds Prime Minister Narendra Modi's 21-day lockdown to break the chain of transmission of the coronavirus, but the WhatsApp groups are buzzing. As the number of infections...
by AIP Online Bureau | Mar 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
U.S. commercial insurers face mounting political pressure to cover claims from businesses that are losing revenue because of coronavirus shutdowns ordered by state and local governments. Insurers have begun rejecting claims from restaurants and other businesses...
by AIP Online Bureau | Mar 28, 2020 | Eco/Invest/Demography, Health, International News, Technology
LONDON: Thousands of London’s underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won’t need them.Working at home due to the coronavirus lockdown, they have abandoned the normal tools of...
by AIP Online Bureau | Mar 28, 2020 | International News, Reinsurance
PARIS: Investment fund CIAM has urged Scor to postpone next month’s annual shareholders meeting and also criticised the French insurer for making only cosmetic changes to its executive pay policy. CIAM, which owns more than a 1% stake in Scor, said...
by AIP Online Bureau | Mar 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Technology
New Delhi, India has proposed setting up of a common electronic platform for all SAARC nations to share expertise and best practices to jointly combat the spread of coronavirus, days after Prime Minister Narendra Modi strongly pitched for a regional approach to...
by AIP Online Bureau | Mar 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi: Finance Minister Nirmala Sitharaman on Friday asked banks for "quick transmission" of slashed interest rate as the RBI cut the key lending rate sharply by 75 basis points to boost liquidity in financial system to deal with the COVID-19...
