by AIP Online Bureau | Mar 26, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
A Native American tribe on Tuesday sued a group of insurance companies, asking a court to declare that losses it is incurring from shutting down its casinos during the coronavirus pandemic are covered by insurance. Among the defendants named in the...
by AIP Online Bureau | Mar 26, 2020 | Eco/Invest/Demography, Health, Indian News, Intermediaries
Mumbai: If the 21-day long national lockdown leads to 80 per cent production loss, the economy will take a hit of Rs 35,000-40,000 crore on a daily basis, shaving off Rs 6.3-7.2 lakh crore cumulatively, says Care Ratings. The assessment is based on the...
by AIP Online Bureau | Mar 25, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
UK banks are stepping up fraud prevention measures to protect customers from scammers eager to exploit the coronavirus pandemic with a whole range of new tricks, including fake sales of medical supplies and bogus government relief schemes. With British...
by AIP Online Bureau | Mar 25, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
LONDON: Delaying the Olympics is likely to cost insurers much less than cancelling the Tokyo Games altogether, with a chance that some of those involved may not have policies specifically covering a postponement, industry sources say. The Tokyo Olympics were...
by AIP Online Bureau | Mar 25, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi: Indian aviation sector is projected to incur a staggering USD 3.3-3.6 billion loss in the first quarter of the next financial year if flight services remain grounded till June-end, according to a report. Aviation consultancy CAPA India on Wednesday...
by AIP Online Bureau | Mar 25, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi: Union minister Prakash Javadekar on Wednesday said there was no need for people to panic as shops selling essentials and medicines will remain open throughout the 21-day lockdown imposed to combat the coronavirus outbreak. He also said there...
by AIP Online Bureau | Mar 25, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi: The government is likely to agree an economic stimulus package of more than Rs 1.5 trillion ($19.6 billion) to fight a downturn in the country that is currently locked down to stem the spread of coronavirus, two sources familiar with the matter told...
by AIP Online Bureau | Mar 25, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
As the virus continues to wreak havoc across the world, China is close to declaring victory and is already easing travel restrictions. The border of Hubei province, epicentre of the virus, opened on Wednesday after a two-month shutdown. Wuhan, the...
by AIP Online Bureau | Mar 25, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
India’s billion-plus population went into a three-week lockdown on Wednesday, with a third of the world now under orders to stay indoors, as US politicians agreed to spend $2 trillion to counter the economic damage of the coronavirus pandemic. ...
by AIP Online Bureau | Mar 25, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
SHANGHAI:, The existence of a substantial but unknown number of asymptomatic carriers of coronavirus in China has raised concerns among the public that people could still be spreading COVID-19 without knowing they are sick. As the virus continues to...