by AIP Online Bureau | Feb 15, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life
BEIJING: China is disinfecting and isolating used banknotes as part of efforts to stop the spread of the new coronavirus that has killed more than 1,500 people, officials said Saturday. Banks use ultraviolet light or high temperatures to disinfect yuan...
by AIP Online Bureau | Feb 15, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Facts, Intermediaries, Risk Management
Mumbai: A total of 8,926 cases of fraud involving Rs 1.17 trillion hit 18 public sector banks during the first three quarters (April-December) of the current fiscal, a reply to an RTI query has revealed. The country's largest lender State Bank of India...
by AIP Online Bureau | Feb 15, 2020 | Articles, Banking & Bancassurance, Eco/Invest/Demography, Life
FRANKFURT: Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it's the bank, not the saver, who collects interest. Welcome to the upside-down world of ultra-low and negative interest rates that is...
by AIP Online Bureau | Feb 15, 2020 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Risk Management, Technology
NEW DELHI : Bank accounts of more than 200 employees of New Delhi Municipal Corporation (NDMC) were allegedly hacked and money siphoned off in the first week of February, police said on Friday. Though police have received only two complaints of online fraud...
by AIP Online Bureau | Feb 15, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
New Delhi: Finance Minister Nirmala Sitharaman will meet industry bodies on Tuesday to asses the impact of the coronavirus outbreak on Indian trade and businesses. The virus outbreak in China has claimed nearly 1,500 lives and infected over 60,000. The...
by AIP Online Bureau | Feb 14, 2020 | Eco/Invest/Demography, Indian News
Mumbai: Markets regulator Sebi on Friday said it has constituted a committee which will suggest on policy matters pertaining to development of municipal debt securities and facilitate municipalities for issuance of such bonds. The regulator has constituted a...
by AIP Online Bureau | Feb 14, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
As the number of coronavirus cases jumps dramatically in China, a top infectious-disease scientist warns that things could get far worse: Two-thirds of the world’s population could catch it. So says Ira Longini, an adviser to the World Health...
by AIP Online Bureau | Feb 14, 2020 | Health, Indian News, Regulation
Kolkata: Insurance sector regulator Irdai on Friday expressed concern over rising tariffs in hospitals and has planned to standardise charges for some medical procedures, an official said. It has been noticed that rate of inflation...
by AIP Online Bureau | Feb 14, 2020 | Eco/Invest/Demography, Health, Indian News, Risk Management
Shortages and potential price increases of generic drugs from India loom if the coronavirus outbreak disrupts suppliers of pharmaceutical ingredients in China past April, according to industry experts. An important supplier of generic drugs to the world,...
by AIP Online Bureau | Feb 13, 2020 | Eco/Invest/Demography, Health, International News
Singapore: Etiqa Insurance Singapore is providing Financial Assistance Benefit1 to those insured with their life insurance policies in light of the Novel Coronavirus (COVID-19) outbreak. All existing and new insured persons of Etiqa life protection and...
