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FPIs begin 2020 with profit booking, withdraw Rs 2,418 cr in 1st 3 sessions

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

  New Delhi:  Foreign portfolio investors (FPIs) began the year with profit booking as they withdrew a net sum of Rs 2,418 crore from the Indian capital markets in the first three trading sessions of January.   As per latest depositories data, Rs 524.91...

$5-trillion economy achievable but time frame uncertain: SBI Chairman

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

  Hyderabad/Mumbai: State Bank of India chairman Rajnish Kumar on Saturday said the country can become a $5 trillion economy, but was skeptical whether it is achievable by 2024-25 as envisaged by the government.   Speaking at an interactive session organsied...

20K Ayushman cards annulled in Gujarat after ineligible beneficiaries found

by AIP Online Bureau | Jan 4, 2020 | Eco/Invest/Demography, Health, Indian News

  Ahmedabad:  Around 20,000 Ayushman cards issued under the Pradhan Mantri Jan Arogya Yojana (PMJAY) were nullified in Gujarat as ineligible beneficiaries were found to have been added on these cards, a senior official said on Saturday.   The scheme,...

Insurance intermediaries with majority foreign stake can’t repatriate over 75% as dividend: IRDAI

by AIP Online Bureau | Jan 4, 2020 | Indian News, Intermediaries, Regulation

  Hyderabad: Insurance intermediaries with majority foreign stake can't repatriate over 75% as dividend: IRDAIInsurance intermediaries having majority foreign holding cannot repatriate dividend more than 75 percent of the net profit and if there is any...

171 hospitals de-empanelled, Rs 4.5 crore in penalties imposed for fraud under Ayushman Bharat

by AIP Online Bureau | Jan 4, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life

  New Delhi: A total 171 hospitals have been de-empanelled and penalties to the tune of Rs 4.5 crore have been imposed on hospitals for allegedly committed fraud and indulging in malcpractices under the Ayushman Bharat health insurance scheme, the apex body...

Outlook for passenger vehicle and CV sales remain negative:ICRA

by AIP Online Bureau | Jan 4, 2020 | Eco/Invest/Demography, Indian News, Non-Life

Mumbai: Rating agency ICRA on January 03 maintained a "negative" outlook on the passenger vehicle (PV) and commercial vehicle (CV) segments while maintaining a "stable" outlook on the two-wheeler OEMs and tractor segments. The negative outlook on...

A more dangerous world: Qassem Soleimani’s killing triggers global alarm

by AIP Online Bureau | Jan 3, 2020 | Eco/Invest/Demography, International News, Risk Management

  Paris: Global powers warned Friday that the world has become a more dangerous place and urged restraint after the US assassinated Iran's top general, although Britain and Germany also suggested that Iran shared blame for provoking the targeted killing that...

The escalating costs of Australia’s wildfire disaster

by AIP Online Bureau | Jan 3, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

Australia is in the grip of deadly wildfires burning across the country, triggering an emotive debate about the impact of climate change in the world’s driest-inhabited continent. The unprecedented scale of the crisis, and images of terrified tourists sheltering...

Indonesia Flooding Forces Evacuation of More Than 400,000 People with 42 Deaths

by AIP Online Bureau | Jan 3, 2020 | Disaster & Management, Eco/Invest/Demography, International News

  Jakarta: At least 42 people have died from the New Year’s Day flooding in Indonesia, and hundreds of thousands were evacuated, as the greater Jakarta area suffered the most intense rain in 24 years.   More than 400,000 people, mostly from Bekasi,...

Trump administration issues partial E-Cigarette Ban

by AIP Online Bureau | Jan 3, 2020 | Eco/Invest/Demography, Health, International News

The Trump administration on Thursday announced a ban on some popular e-cigarette flavors, including fruit and mint, to curb rising teenage use of vaping products, allowing only menthol and tobacco flavors to remain on the market. The ban came under immediate criticism...
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