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Released Rs 3,520 cr in last two years to states under AB-PMJAY:Health Minister

by AIP Online Bureau | Feb 5, 2020 | Eco/Invest/Demography, Health, Indian News

  New Delhi: The Health Ministry has released Rs 3,520 crore in last two years to states under the Ayushman Bharat scheme, Health Minister Harsh Vardhan informed Parliament on Tuesday.   Replying to a question in Rajya Sabha, Vardhan said the reasons for...

Cabinet okays changes to bank laws to avoid repeat of PMC Bank-like crises

by AIP Online Bureau | Feb 5, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries

  New Delhi: In order to protect interest of depositors, the Union Cabinet on Wednesday approved amendment to Banking Regulation Act to strengthen cooperative banks and avoid PMC Bank like crisis.   There are 1,540 cooperative banks with depositor base of 86...

Coronavirus impact: Surat diamond hub stares at Rs 8,000 crore loss

by AIP Online Bureau | Feb 5, 2020 | Eco/Invest/Demography, Indian News

  Surat: The Surat diamond industry is likely to face a loss of around Rs 8,000 crore in next two months as Hong Kong, which is a major export destination, has declared a state of emergency due to the coronavirus outbreak in China, say experts.   Hong Kong...

US working closely with China to combat coronavirus outbreak: Trump

by AIP Online Bureau | Feb 5, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  Washington: The US is working closely with Beijing to combat the coronavirus outbreak, President Donald Trump said, as the deadly infection claimed 490 lives in China and spread to over 20 countries, including India and America, prompting the World Health...

China virus toll nears 500,to affect Chinese insurers’ earnings

by AIP Online Bureau | Feb 5, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  BEIJING: The death toll from a coronavirus outbreak in China passed 490 on Wednesday, as two U.S. airlines suspended flights to Hong Kong following the first fatality there and 10 cases were confirmed on a quarantined Japanese cruise ship. China's National...

Aim to manufacture, sell 1 mn ‘green vehicles’ over next few years: Maruti

by AIP Online Bureau | Feb 5, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life

New Delhi: The country's largest car maker Maruti Suzuki India (MSI) on Wednesday said it aims to manufacture and sell another million "green vehicles" in the next couple of years as it accelerates its eco-friendly mobility drive.   Kicking off the...

LIC disinvestment: 100,000 employees stage walk-out across country

by AIP Online Bureau | Feb 4, 2020 | Eco/Invest/Demography, Indian News, Life

Mumbai: Nearly one lakh employees of Life Insurance Corporation (LIC) staged an hour-long walk-out on Tuesday against the government's decision to sell a part of its stake in the life insurance major through an initial public offering.   There are 13 unions...

World currently ‘not in a pandemic’ of China virus: WHO

by AIP Online Bureau | Feb 4, 2020 | Uncategorized

  Geneva: The World Health Organization said Tuesday that the outbreak of the deadly novel coronavirus, which has spread from China to two dozen countries, does not yet constitute a "pandemic".   "Currently we are not in a pandemic,"...

Aon acquires Canadian cyber security firm Cytelligence Inc

by AIP Online Bureau | Feb 4, 2020 | Intermediaries, International News, Non-Life, Risk Management, Technology

  CHICAGO: Aon plc announced today the acquisition of Cytelligence Inc, a Canadian-based cyber security firm that provides incident response advisory, digital forensic expertise, security consulting services and cyber security training for employees to help...

UK to ban new petrol car sales from 2035

by AIP Online Bureau | Feb 4, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  LONDON: Britain will bring forward a ban on sales of new petrol and diesel vehicles to 2035, including hybrids.   Prime Minister Boris Johnson will make the announcement at an event launching the 2019 United Nations Climate Change conference, COP26, to be...
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