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2038 dead due to floods, landslides, lightning since April 1: MHA Data

by AIP Online Bureau | Aug 18, 2023 | Data, Disaster & Management, Eco/Invest/Demography

Altogether 892 people drowned due to floods, 506 died due to lightning and 186 lost their lives due to landslides during from April 1 to August 17, according to the home ministry data New Delhi: As many as 2,038 people lost their lives due to floods, lightning and...
India faces record low August rains, threatening summer crops

India faces record low August rains, threatening summer crops

by AIP Online Bureau | Aug 18, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

August rainfall, expected to be the lowest since records began in 1901, could dent yields of summer-sown crops, from rice to soybeans, boosting prices and overall food inflation, which jumped in July to the highest since January 2020.The monsoon, vital for the...

Global Fintech Festival 2023 aims to aid startups bag USD 10 mn in funding

by AIP Online Bureau | Aug 18, 2023 | Eco/Invest/Demography, Indian News, Policy, Technology

Union Finance Minister Nirmala Sitharaman, Commerce and Industry Minister Piyush Goyal, RBI Governor Shaktikanta Das, Sebi chairperson Madhabi Puri Buch, Irdai chairman Debasish Panda and SBI chairman Dinesh Khara will be among the speakers at the event Mumbai: Global...
Reliance’s financial unit to list on bourses on Aug 21

Reliance’s financial unit to list on bourses on Aug 21

by AIP Online Bureau | Aug 18, 2023 | Indian News, Life, Non-Life, Wealth Management/ Philanthropy

The company will primarily operates in the NBFC market and credit market segment and has strategic plans to expand its operations into insurance, digital payment, and asset management verticals Mumbai: Jio Financial Services, the demerged financial services unit of...

Demand for electric two wheelers slowing down due to reduced govt subsidy: Report

by AIP Online Bureau | Aug 18, 2023 | Data, Non-Life, Technology

Sales of electric two wheelers also significantly declined in Q1 FY24 due to the government withholding FAME subsidies for certain Original Equipment Manufacturers (OEMs), it said Additionally, the report said that a subsidy reduction to Rs 10,000 per kWh from Rs...
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