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Eyeing leadership position in electric vehicle segment: Tata Motors

by AIP Online Bureau | Jan 26, 2020 | Eco/Invest/Demography, Indian News, Non-Life

  Mumbai: Tata Motors aims to establish itself as the leader in the electric vehicle (EV) market in the country as it looks to roll out new products for both private and fleet segments, a senior company official said.   The company, which sells its Tigor EV...

Epidemics and equities: What the coronavirous means for markets

by AIP Online Bureau | Jan 26, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance, Risk Management

  A rapidly spreading viral outbreak is disrupting travel and business in China, which took unprecedented steps to lock down cities with a combined 40 million people around the epicenter in Wuhan to try to slow its progress.   For global corporations, Wuhan...

With Wuhan virus genetic code in hand, scientists begin work on a vaccine

by AIP Online Bureau | Jan 26, 2020 | Eco/Invest/Demography, Facts, Health

  When a newly organized vaccine research group at the US National Institutes of Health (NIH) met for the first time this week, its members had expected to be able to ease into their work.   But their mandate is to conduct human trials for emerging health...

Budget 2020: Govt unlikely to offer relief in income tax, here’s why

by AIP Online Bureau | Jan 26, 2020 | Eco/Invest/Demography, Indian News

  New Delhi: Tax collections in the current fiscal may fall short of targets by as much as Rs 2 trillion on faltering economy, leaving a very little room for Finance Minister Nirmala Sitharaman for offering any meaningful reduction in personal income tax rates....

Budget 2020:Govt may not provide any more tax incentives for the insurance industry

by AIP Online Bureau | Jan 26, 2020 | Eco/Invest/Demography, Indian News, Life, Non-Life

  New Delhi: Even as the insurers have put forward their long Budget wish list ,the country's direct tax collecting body Central Board of Direct Taxation(CBDT) has informed the insurance industry not to expect any tax incetives for the industry in the...

Acko Gen Insurance fined Rs 1 core for violating IRDA’s advertisement regulations

by AIP Online Bureau | Jan 26, 2020 | Indian News, Non-Life, Regulation

  Hyderabad: The insurance regulator IRDAI has slapped a fine of one crore rupees against Acko General Insurance (AGIL) for violating various provisions of IRDA(Insurance Advertisements and Disclosure) Regulations, 2000.   AGIL's...

Coronavirus: Over 2,000 people now infected globally, 56 dead in China

by AIP Online Bureau | Jan 26, 2020 | Eco/Invest/Demography, Health

  SHANGHAI : More than 2,000 people globally have been infected with a new coronavirus, the vast majority of them in China, where 56 people have died from the disease, according to figures released on Sunday.   The virus, believed to have originated late...

FPIs pour in ₹1,624 cr in Jan so far as US-China trade deal boosts sentiment

by AIP Online Bureau | Jan 26, 2020 | Eco/Invest/Demography, Indian News

  NEW DELHI : Foreign portfolio investors (FPI) have infused a net sum of ₹1,624 crore into the Indian capital markets in January so far, buoyed by the signing of the first phase of the US-China trade deal.   As per latest depositories data, FPIs invested a...

Coronavirus: 11 people who returned from China under watch in Kerala, Mumbai

by AIP Online Bureau | Jan 25, 2020 | Eco/Invest/Demography, Health, Indian News

KOCHI/MUMBAI: Eleven people–seven in Kerala, two in Mumbai and one each in Bengaluru and Hyderabad–who are among hundreds of passengers who returned from China in the recent days are under observation in hospitals to check for possible exposure to the...

Xi warns Coronavirus ‘accelerating’, China facing ‘grave situation’,Hong Kong declares an ’emergency’

by AIP Online Bureau | Jan 25, 2020 | Eco/Invest/Demography, Health, International News

Hong Kong: Chinese President Xi Jinping warned China was facing a "grave situation" given the "accelerating spread" of a new SARS-like virus that has infected nearly 1,300 people across the country, state media reported...
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