by AIP Online Bureau | Feb 27, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
Mumbai: The Sensex plunged 1,448.37 points or 3.64 percent to 38,297.29, the lowest level since October 14, 2019, while the Nifty50 shed 431.50 points or 3.71 percent to 11,201.80, the lowest level since October 7, 2019. Market benchmark Sensex dropped...
by AIP Online Bureau | Feb 27, 2020 | Disaster & Management, Eco/Invest/Demography, International News
WASHINGTON: U.S. intelligence agencies are monitoring the global spread of coronavirus and the ability of governments to respond, sources familiar with the matter said on Thursday, warning that there were concerns about how India would cope with a widespread...
by AIP Online Bureau | Feb 27, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
Stocks resumed their plunge, wiping out more than $3 trillion in value this week alone, and US Treasuries yields hit record lows on Thursday as the coronavirus spread faster outside China and investors fled to safe havens. The number of new coronavirus...
by AIP Online Bureau | Feb 27, 2020 | Indian News, Non-Life, Regulation
Mumbai: In a significant development,the Securities Appellate Tribunal (SAT) on Thursday has set aside an earlier order of the insurance regulator IRDAI which had disapproved the 100 per cent pledging enforcement of Reliance General Insurance Company...
by AIP Online Bureau | Feb 27, 2020 | Eco/Invest/Demography, Health, Indian News
New Delhi: Having suffered its weakest expansion in over six years in the September quarter, India's economy probably fared slightly better in the December quarter, before suffering a relapse due to the impact of the coronavirus globally, analysts said. ...
by AIP Online Bureau | Feb 27, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
San Francisco: Facebook said Wednesday that it is banning ads that make false claims about products tied to the new coronavirus. The social network said it is removing ads that feature a product and imply a limited supply, seeking create a sense of...
by AIP Online Bureau | Feb 27, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
New York: The Donald Trump administrations health experts leading the coronavirus response cautioned that a vaccine wont be ready for widespread use for at least a year and warned that the virus may last more than just a season and return next year which makes vaccine...
by AIP Online Bureau | Feb 27, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
BENGALURU: Indian shares fell for a fifth straight session on Thursday as investors shunned riskier assets on fears that the coronavirus outbreak is fast developing into a pandemic. The Nifty fell 0.5% to 11,622 by 0400 GMT and the Sensex declined 0.34% to...
by AIP Online Bureau | Feb 26, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
Global recession likely if coronavirus becomes pandemic: Moody's AnalyticsA global recession is likely if coronavirus becomes a pandemic, and the odds of that are uncomfortably high and rising with infections surging in Italy and Korea, Moody's...
by AIP Online Bureau | Feb 26, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Policy
New Delhi: Mega bank merger on track, says Sitharaman amid worry over April 1 deadlineWith the April 1 deadline for the mega merger of 10 state-run banks into four fast approaching, Finance Minister Nirmala Sitharaman on Wednesday asserted that there is no...