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Inflows to equity mutual funds touch 11-month high of Rs 10,730 cr in Feb

by AIP Online Bureau | Mar 11, 2020 | Eco/Invest/Demography, Indian News

  Mumbai: Inflows into equity mutual funds surged to Rs 10,730 crore in February, the highest level in 11 months, even as the broader market witnessed heavy volatility amid concerns over the impact of coronavirus.   Overall, the mutual fund industry...

U.N. urges Iran to free political prisoners temporarily amid coronavirus

by AIP Online Bureau | Mar 11, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

  GENEVA:- The U.N. Special Rapporteur on human rights in Iran said on Tuesday he had asked Iran to free all political prisoners temporarily from its overcrowded and disease-ridden jails to help stem the spread of coronavirus.   There have been more than...

Couple suing Princess Cruise Line over Coronavirus claims improper screening

by AIP Online Bureau | Mar 11, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life

A Florida couple who was aboard the coronavirus-hit Grand Princess ocean liner has sued the ship’s owner for more than $1 million, claiming the company put profits over safety and did not have proper screening protocols in place.   Ronald and Eva...

Coronavirus patients are stable, showing signs of recovery: Harsh Vardhan

by AIP Online Bureau | Mar 10, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: Union Health Minister Harsh Vardhan spoke to a few coronavirus patients admitted at Medanta and Safdarjung hospitals through video calls and said all the people infected by the disease were stable and showing signs of recovery.   Vardhan also...

China’s new coronavirus cases rise on infections from abroad, South Korea sees a jump in new cases

by AIP Online Bureau | Mar 10, 2020 | Eco/Invest/Demography, International News

SEOUL (Reuters) –     Authorities say they are testing the 200 staff who worked on the floor where the first cases were discovered, while monitoring others in the centre’s workforce of up to 800 people.   More than 140 new infections were in...

Japan announces $4 billion coronavirus package,Trump vows ‘major’ steps to aid US economy

by AIP Online Bureau | Mar 10, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  TOKYO: Japan on Tuesday announced a second package of measures worth about $4 billion in spending to cope with the fallout to the economy of the coronavirus outbreak, focusing on support for small and mid-sized firms.   The package, totalling 430.8 billion...

Stimulus hopes buoy Wall Street after rout; Dow Jones, S&P rise over 3%

by AIP Online Bureau | Mar 10, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  Wall Street rebounded on Tuesday as investors pinned their hopes on policy easing by major central banks and governments after global markets plummeted in the previous session on fears of a coronavirus-driven recession.   Traders now expect the Federal...

Coronavirus outbreak: Foreign investors bleed money; sell $9 billion Asian equities so far

by AIP Online Bureau | Mar 10, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  Foreign investors are aggressively selling Asian equities this month amid worries of a deeper economic fallout from the coronavirus outbreak in the region.Overseas investors have sold a net $9 billion worth of regional equities so far in March, after offloading...

Coronavirus outbreak could cost global economy up to $2 trillion UNCTAD

by AIP Online Bureau | Mar 10, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life

  United Nations:  The coronavirus outbreak could cost the global economy up to USD 2 trillion this year, the UN's trade and development agency said, warning that shock from the epidemic will cause a recession in some countries and depress global annual...

Coronavirus: Govt asks CAPFs to prepare over 5,400-bedded quarantine facilities pan-India

by AIP Online Bureau | Mar 10, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

New Delhi: The government has directed the Central Armed Police Forces (CAPFs) to prepare quarantine facilities with a bed capacity to admit over 5,400 people to deal with cases of coronavirus across the country, officials said on Monday.   These forces,...
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