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India’s COVID-19 tally not rising due to hybrid immunity -Top Health Expert

by AIP Online Bureau | Dec 14, 2022 | Eco/Invest/Demography, Health, Indian News, Pandemic

New Delhi: COVID-19 Working Group NTAGI Chairman N K Arora on Wednesday said that despite South Asian countries reporting an increase in COVID-19 cases, India is not getting affected because of hybrid immunization. However, Dr. Arora warned that India still needs to...
Govt extends bid submission deadline till Jan 7 for IDBI Bank sale

Govt extends bid submission deadline till Jan 7 for IDBI Bank sale

by AIP Online Bureau | Dec 14, 2022 | Banking & Bancassurance, Indian News, Policy

The government and the Life Insurance Corporation (LIC) hold 94.71 per cent of IDBI Bank and are looking to offload 60.72 per cent in the state-owned bank. The successful bidder will have to make an open offer of acquisition of 5.28 per cent of the public...

Shift work affects risk of Covid-19, severity of infection, shows research

by AIP Online Bureau | Dec 14, 2022 | Facts, Health, Workplace/Employee Benefits

“However, they did not have a higher risk of getting a more severe outcome of the infection, compared to those not working face-to-face with others,” said Bjorn Bjorvatn, Professor at the University of Bergen Shift work and working face-to-face with others...
Combination of factors behind LIC share price going up: Experts

Combination of factors behind LIC share price going up: Experts

by AIP Online Bureau | Dec 14, 2022 | Indian News, Life

The LIC scrip on Wednesday opened at Rs 723 and during the intra-day trade it touched a high of Rs 732 and a low of Rs 719.95. A change in the accounting policy resulted in LIC’s profit shooting up by Rs 14,271.80 crore to Rs 15,952.29 crore for the Q2FY23....

AIIMS Delhi server attack originated from China, say government sources; data from 5 servers safely retrieved

by AIP Online Bureau | Dec 14, 2022 | Health, Indian News, Technology

“AIIMS Delhi server attack was by the Chinese, FIR details that the attack had originated from China. Of 100 servers (40 physical and 60 virtual), five physical servers were successfully infiltrated by the hackers. The damage would have been far worse but is now...

GST Council likely to decide on decriminalisation of GST offences, setting up appellate tribunals on Saturday

by AIP Online Bureau | Dec 14, 2022 | Eco/Invest/Demography, Indian News, Policy

The committee has also suggested that the fee for compounding offences be reduced to 25 per cent of the tax amount, from 50-150 per cent currently Currently as per the GST Act, the amount payable for compounding of offences is 50 per cent of the tax amount involved...
New Zealand passes minimum age law aiming to ban smoking for next generation

New Zealand passes minimum age law aiming to ban smoking for next generation

by AIP Online Bureau | Dec 14, 2022 | Health, International News, Policy, Regulation

The law states that tobacco can’t ever be sold to anybody born on or after January 1, 2009 – and from now on, the minimum age for buying cigarettes will keep going up and up New Zealand is not the only nation pushing to ban smoking for the next...

ADB trims economic growth forecast for developing Asia, equity investors remain bullish

by AIP Online Bureau | Dec 14, 2022 | Eco/Invest/Demography, International News

Monetary policy tightening by central banks globally and in the region, the protracted Russian invasion of Ukraine, and recurring lockdowns in the People’s Republic of China (PRC) are slowing down developing Asia’s recovery from the Covid-19 pandemic, ADB...

Russian insurer Ingosstrakh says no plans to cover new sanctioned clients

by AIP Online Bureau | Dec 13, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“We are not willing and will not provide short-term P&I (Protection and Indemnity) coverage for vessels caught up by the new Turkish regulations at the mouth of the Bosphorus,” Ingosstrakh said Russian insurer Ingosstrakh said on Monday it has no plans to offer...

Auction base price hiked by Rs 1.5K cr to Rs 6.5K cr for Reliance Cap bidders

by AIP Online Bureau | Dec 13, 2022 | Indian News, Life, Non-Life

According to the new rules, the bidders, in the first and second round, will have to increase the bid value by minimum Rs 1,000 crore each. This means the first bid has to be minimum Rs 7,500 crore and the second Rs 8,500 crore. The auction will now take place on...
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