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Passengers from China to be screened for pneumonia in Mumbai

by AIP Online Bureau | Jan 19, 2020 | Eco/Invest/Demography, Health, Indian News

Mumbai:  All incoming passengers from China to Chhatrapati Shivaji Maharaj International Airport (CSMIA) here shall be subjected to a 'thermal screening' to detect novel coronavirus, an official said here on Saturday.   The precaution is being taken...

FPIs remain net buyers in January despite heightened geopolitical tensions

by AIP Online Bureau | Jan 19, 2020 | Eco/Invest/Demography, Indian News

  New Delhi: Foreign portfolio investors (FPI) remained net buyers in the Indian capital markets in January so far despite heightened geopolitical tensions between the US-Iran and domestic economic challenges.   According to the NSDL data, a net amount of Rs...

Goal of making India $5 trillion economy difficult, not impossible: Gadkari

by AIP Online Bureau | Jan 18, 2020 | Eco/Invest/Demography, Indian News

  New Delhi: Union Road Transport and Highways Minister Nitin Gadkari said on Saturday that the goal of making India a $5 trillion economy by 2024 was "difficult but not impossible".   It can be achieved by increasing domestic production and...

More suicides among unemployed, self-employed than farmers in 2018: Report

by AIP Online Bureau | Jan 18, 2020 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: An average 35 unemployed and 36 self-employed people ended their lives every day in 2018, with the two categories together accounting for 26,085 suicide deaths during the year, according to government data.   Unemployed persons (12,936) were...

Boeing 737 MAX: Company finds ‘new minor’ software glitch in grounded aircraft

by AIP Online Bureau | Jan 18, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

  Boeing is working to fix a newly discovered problem with software powering up on the 737 Max, adding to the list of tasks the aircraft maker faces to get the grounded plane back in the air.   Boeing said Friday it has told the Federal Aviation...

Over 119 billionaires to attend Davos, India’s contingent to be 2nd largest

by AIP Online Bureau | Jan 18, 2020 | Eco/Invest/Demography, Facts

  As the gulf between the rich and everyone else continues to grow, at least 119 billionaires are converging on Switzerland next week to join bankers, politicians and other grandees for their annual pilgrimage to the Alps.   The elite group, worth about $500...

“Volkswagen CEO says carmaker faces same fate as Nokia without urgent reforms

by AIP Online Bureau | Jan 18, 2020 | Uncategorized

FRANKFURT : Volkswagen Chief Executive Herbert Diess said the German carmaker needs to accelerate its transformation to avoid becoming another Nokia, which lost its dominance in the handset market to Apple.   "The big questions is: Are we fast enough?,"...

China posts weakest growth in 29 years as trade war with US bites

by AIP Online Bureau | Jan 18, 2020 | Eco/Invest/Demography, International News

  Beijing: China's economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States and sputtering investment, and more stimulus steps are expected this year to help avert a sharper slowdown.  ...

IRDAI chief cautions insurers against predatory pricing

by AIP Online Bureau | Jan 17, 2020 | Health, Indian News, Regulation

  New Delhi: Insurance Regulatory and Development Authority of India (IRDAI) chairman S C Khuntia on Friday cautioned insurers against indulging in predatory pricing, saying it is not a sustainable model while citing examples of airline and telecom sectors....

ICICI Lombard General Insurance Q3 net at Rs 294 cr, up 23%

by AIP Online Bureau | Jan 17, 2020 | Indian News, Non-Life

  Mumbai: The largest private non-life insurer ICICI Lombard General Insurance  on Friday reported a 23 per cent increase in profit to Rs 294.11 crore for December 2019 quarter.Net profit in the corresponding quarter of 2018-19 stood at Rs 239.14 crore. The...
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