by AIP Online Bureau | Mar 12, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries
Mumbai: The Reserve Bank of India (RBI) has asked state governments not to transfer their deposits out of private sector banks saying apprehensions about the safety of deposits in private lenders are highly misplaced. In a letter written to chief secretaries of...
by AIP Online Bureau | Mar 12, 2020 | International News, Life
Zurich: Swiss Re and Microsoft Corp. announced today a strategic alliance to further advance insurance innovation and extend financial protection to more people globally. The centrepiece of the strategic alliance is the launch of Swiss...
by AIP Online Bureau | Mar 12, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
NEW DELHI/: India on Wednesday suspended all visas, except a few categories such as diplomatic and employment, till April 15 to prevent the spread of coronavirus as 10 new cases were reported taking the total number of patients in the country to 73. As the...
by AIP Online Bureau | Mar 12, 2020 | Indian News, Reinsurance
Zurich: Swiss Re, the second largest global reinsurance company, has appointed Hadi Riachi as CEO of its India branch, effective April 01. Riachi succeeds G. Satish Raju,who would have completed two years soon as the Swiss Re’s...
by AIP Online Bureau | Mar 12, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
Australia risks worse wildfires than this season’s record-breaking blazes unless it reduces emissions and phases out fossil-fuel exports, climate scientists warned. In a report titled “Summer of Crisis,” the Climate Council lobby group...
by AIP Online Bureau | Mar 12, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
Mumbai: Investor wealth worth over Rs 8 trillion was wiped off in early trade on Thursday as equity markets crashed amid global equity selloff after World Health Organization termed the coronavirus outbreak a pandemic. The Indian headline indices-Sensex...
by AIP Online Bureau | Mar 11, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
WASHINGTON: President Donald Trump on Wednesday imposed sweeping restrictions to prevent people from 26 European countries from traveling to the United States for a month as he responded to mounting pressure to take action against the spread of the coronavirus....
by AIP Online Bureau | Mar 11, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
The severity of the global coronavirus epidemic has reached levels almost certain to trigger a financial instrument sold by the World Bank to raise money for developing countries in a pandemic. The bonds, which were sold in 2017, are quoted at less than 10% of...
by AIP Online Bureau | Mar 11, 2020 | Eco/Invest/Demography, International News, Non-Life
London: Britain will spend an extra 2.5 billion pounds ($3.2 billion) repairing 50 million potholes in roads over the next five years, the government said ahead of new finance minister Rishi Sunak’s first budget on Wednesday. Sunak is expected to unveil...
by AIP Online Bureau | Mar 11, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
Tokyo: A delay of one or two years would be the “most feasible” option if the Tokyo Olympics cannot be held this summer due to the global outbreak of the coronavirus, a member of the organizing committee’s executive board told Reuters. ...
