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Cyclone Fani Death toll mounts to 43 people stage blockade

by AIP Online Bureau | May 12, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News

  Bhubaneswar:  The death toll in Odisha due to Cyclone Fani mounted to 43 on Saturday, even as people staged a road blockade and assaulted a state official in protest against water shortage and power cuts in the coastal belt ravaged by the severe storm a...

Reliance entry to digitise 5 million kirana stores by 2023: ReportĀ 

by AIP Online Bureau | May 12, 2019 | Data, Eco/Invest/Demography, Intermediaries, Technology

  Richest Indian Mukesh Ambani-led Reliance Industries entry into online retailing will help expand the current 15,000 digitised retail stores to over 5 million by 2023, a study of Bank of America Merrill Lynch said.    As much as 90 per cent of...

‘Modicare’ significant step towards universal health coverage in India: US think tank

by AIP Online Bureau | May 12, 2019 | Eco/Invest/Demography, Health, Indian News

  Washington:  'Modicare' significant step towards universal health coverage in India: US think tankIndia's ambitious health insurance scheme, Ayushman Bharat, marks a significant step towards universal health coverage but the government should...

FPIs pull out Rs 3,207 crore in May so far

by AIP Online Bureau | May 12, 2019 | Eco/Invest/Demography, Indian News

  Mumbai: Reversing their three-month buying streak, foreign investors pulled out a net Rs 3,207 crore from the Indian capital markets in the first seven trading sessions of May amid the US-China trade tensions and uncertainty over the election results.  ...

Curv Partners with Munich Re to Commodify Digital Asset Insurance for Institutional CustomersĀ 

by AIP Online Bureau | May 11, 2019 | International News, Reinsurance, Technology

NEW YORK and TEL AVIV:  Israel, May 10, 2019 /PRNewswire/ — Curv, the cryptography pioneer securing the digital economy, announced a new partnership with Munich Re, one of the world's leading providers of reinsurance, to provide insurance...

G7 countries to simulate cross-border cyber attack next month: France

by AIP Online Bureau | May 11, 2019 | Eco/Invest/Demography, International News, Risk Management

PARIS:  Leading Western industrial powers will for the first time jointly simulate a major cross-border cyber security attack on the financial sector next month, French officials said on Friday.   The exercise, organized by the French central bank under...

U.S. warns merchant ships of possible Iranian attacks; cleric threatens U.S. fleet

by AIP Online Bureau | May 11, 2019 | Eco/Invest/Demography, International News, Risk Management

LONDON/DUBAI: Iran could target U.S. commercial ships including oil tankers, the U.S. Maritime Administration said on Friday, as a senior Iranian cleric said a U.S. Navy fleet could be “destroyed with one missile.”   In the latest tense exchange...

BoI to sell 25.05% stake in its life insurance joint venture

by AIP Online Bureau | May 10, 2019 | Banking & Bancassurance, Indian News, Life

  Mumbai: State run Bank of India(BoI) on Friday said, it plans to sell its 25.05 per cent stake in its decade old life insurance venture joint venture Star Union Dai-ichi Life Insurance(SUD).   In its request for proposal (RFP), the bank said  it is...

Rooftop solar projects must for India to meet 175 GW renewable energy goal: ReportĀ 

by AIP Online Bureau | May 9, 2019 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography

  NEW DELHI: India needs faster implementation of roof-top solar projects to meet the 175 gigawatts of renewable energy target by 2022, a report has said.    The country has set an ambitious target of installing 175 GW of renewable energy capacity by...

Project Owl Wi-Fi Network for Natural Disaster Connections Wins IBM-Backed Contest

by AIP Online Bureau | May 9, 2019 | Disaster & Management, International News, Technology

  From a cramped living room in Brooklyn, New York, a handful of young computer nerds has developed a new way to use technology to help save lives in natural disasters.   They have designed tiny electronic nodes inside baseball-sized rubber casings that...
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