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Irdai rejection raises more questions for Hinduja-led IIHL on source of funds for RCAP acquisition

Irdai rejection raises more questions for Hinduja-led IIHL on source of funds for RCAP acquisition

by AIP Online Bureau | Oct 15, 2023 | Indian News, Life, Non-Life, Regulation

The RBI-appointed Administrator of debt-ridden Reliance Capital (RCAP) wrote to IIHL after Insurance Regulatory and Development Authority of India (Irdai) rejected IIHL’s proposal to raise funds for the RCAP acquisition by creating a pledge over the shares of...

3.1 magnitude earthquake strikes Faridabad near Delhi

by AIP Online Bureau | Oct 15, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News

Experts say the impact of a large-scale earthquake can be reduced if people and institutions strictly comply with the bylaws and codes to build resilient structures.They say the resonant frequency of a building can play a critical role in determining the level of...
T’gana polls: BRS promises increased social security pensions and health insurance in manifesto

T’gana polls: BRS promises increased social security pensions and health insurance in manifesto

by AIP Online Bureau | Oct 15, 2023 | Eco/Invest/Demography, Health, Indian News, Life, Pension & Social Security, Policy

K Chandrasekhar Rao,BRS chief and Telangana Chief Minister 93 lakh families living below the poverty line (BPL) in the state would be provided life insurance cover of Rs five lakh and that the government would bear the cost of the premium. Social security pension,...

Carbon emission reducing practices under Green Credit Programme will earn carbon credits too Govt

by AIP Online Bureau | Oct 15, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation

According to rules, environment-friendly actions include tree plantation, water management, sustainable agriculture, waste management, air pollution reduction, mangrove conservation and restoration, ecomark label development, and sustainable building and...

Multilateral development banks provide record climate finance

by AIP Online Bureau | Oct 15, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

“But we need to do more. In Asia and the Pacific, home to many of the most climate-vulnerable countries, we will need to mobilize significant amounts of private sector finance to move from the billions to trillions required to cut greenhouse gas emissions and...
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