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India ranks 7th on climate change performance index, up 1 spot from last report

by AIP Online Bureau | Dec 9, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography

“It is evident that India has taken concrete actions vis- -vis our NDCs. India’s non-fossil power installed capacity as of date is already around 44 per cent, as against the target of 50 per cent by 2030; India’s emission intensity to GDP as of 2019 is reduced by 33...

Insurers heavily exposed to climate change, global watchdog says

by AIP Online Bureau | Dec 8, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Life, Non-Life

Insurers continue to have “material exposure” to climate change through investments in fossil fuels and energy-intensive industries, as well as through their underwriting of natural catastrophe risk, the global insurance watchdog said London: Insurers are...

Inflow in equity mutual funds drops 22 pc in Nov; SIP hits fresh high at over Rs 17,000 cr

by AIP Online Bureau | Dec 8, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

”Since the revision of tax laws, investments in fixed-income funds have been notably subdued. The uncertainty surrounding interest rates has further complicated investment decisions for investors. Moreover, the robust performance of equity markets has been...
Sebi is looking to create a new asset class, says Madhabi Puri Buch

Sebi is looking to create a new asset class, says Madhabi Puri Buch

by AIP Online Bureau | Dec 8, 2023 | Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy

“We feel there is room for an additional asset class somewhere between mutual funds and PMS… Sebi is looking into a whole new asset class,” Sebi chief Madhabi Puri Buch told reporters here at the sidelines of a CII event New Delhi: Capital markets...
6 crore hospital admissions costing Rs 77,298 cr authorised under AB PM-JAY till Nov 30: Govt to LS

6 crore hospital admissions costing Rs 77,298 cr authorised under AB PM-JAY till Nov 30: Govt to LS

by AIP Online Bureau | Dec 8, 2023 | Eco/Invest/Demography, Health, Indian News, Policy, Reinsurance

As of December 2, a total of 26,774 hospitals, including 11,733 private facilities, across the country have been empanelled to provide healthcare services to the scheme beneficiaries, Union Health Minister Mansukh Mandaviya said, adding that 4.98 crore claims have...
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