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Coronavirus Pandemic: Experts peg lockdown cost at $ 120 billion

by AIP Online Bureau | Mar 25, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

Mumbai: Pegging the cost of the Covid-19 lockdown at USD 120 billion (approximately Rs 9 lakh crore) or 4 per cent of the GDP, analysts on Wednesday sharply cut their growth estimates and stressed on the need to announce an economic package.   The Reserve Bank of...

Life insurers keep faith in India stocks amid coronavirus mayhem

by AIP Online Bureau | Mar 25, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  Mumbai: Investment chiefs at two Indian life insurance companies are keeping money in stocks despite selling by overseas funds that has put the nation’s benchmark index on course for a record monthly decline.   The S&P BSE Sensex has plunged 30%...

India’s huge outsourcing industry struggles with work-from-home scenario

by AIP Online Bureau | Mar 25, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

NEW DELHI/BENGALURU: As the coronavirus pandemic pushes India into a lockdown, the call centers and IT services firms that function as the world’s back office are struggling to piece together work-from-home solutions and other business-continuity plans.  ...

Amid worsening pandemic, Trump pushes to re-open U.S. for business by Easter

by AIP Online Bureau | Mar 25, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

WASHINGTON: U.S. President Donald Trump pressed his case on Tuesday for a re-opening of the U.S. economy by mid-April despite a surge in coronavirus cases, downplaying the pandemic as he did in its early stages by comparing it to the seasonal flu. Trump and his...

Govt monitoring availability of essential commodities in market: Paswan

by AIP Online Bureau | Mar 25, 2020 | Disaster & Management, Health, Indian News

  New Delhi: Union Food Minister Ram Vilas Paswan on Wednesday said the government is monitoring the availability of essential commodities in the market amid nationwide lockdown for next 21 days to check the spread of coronavirus outbreak.   Paswan warned...

Federal officials reach deal on $2 trillion aid package

by AIP Online Bureau | Mar 25, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  Washington:  The White House and Senate leaders of both parties have struck an agreement on a sweeping USD 2 trillion measure to aid workers, businesses and a health care system strained by the rapidly spreading coronavirus outbreak. The agreement came on...

Govt bans export of anti-malarial drug hydroxycloroquine

by AIP Online Bureau | Mar 25, 2020 | Eco/Invest/Demography, Health, Indian News, Intermediaries

  New Delhi:  Amid coronavirus outbreak, the government on Wednesday banned export of anti-malarial drug hydroxycloroquine with immediate effect to ensure sufficient availability of the medicine in the domestic market.   Indian Council of Medical...

Norway ranks as the happiest country in the world

by AIP Online Bureau | Mar 25, 2020 | Eco/Invest/Demography, Facts

  United Nations:  India ranked a lowly 122 on a list of the world's happiest countries, dropping four slots from last year and coming behind China, Pakistan and Nepal   Norway ranks as the happiest country in the world, according to The World...

Caronavirus Pandemic:India’s total no of cases rise to 562,death toll at 11

by AIP Online Bureau | Mar 25, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: Even as Prime minister Narendra Modi imposed a nationwide a  21-day lockdown in an attempt to stall the spread of coronavirus lockdown, the country's total number of cases rose to 562  with 11 deaths, on Wednesday.   Tamil Nadu...

Coronavirus Pandemic:India’s total number of cases rise to 562, dealth toll at 11  

by AIP Online Bureau | Mar 24, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Even as Prime minister Narendra Modi imposed a nationwide a  21-day lockdown in an attempt to stall the spread of coronavirus, the country's total number of cases rose to 562  with 11 deaths, on Wednesday.   Tamil Nadu reported its...
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