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Climate change can lead to global outbreaks in dengue, Chikungunya: WHO

by AIP Online Bureau | Apr 6, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts, Health

These diseases, that spread from mosquitoes to people, are causing an increasing number of outbreaks worldwide, with climate change, deforestation and urbanisation being some of the major risk factors, that allow mosquitoes to adapt better to new environments and...

RBI to set up portal to search across multiple banks for unclaimed deposits

by AIP Online Bureau | Apr 6, 2023 | Banking & Bancassurance, Indian News, Technology, Wealth Management/ Philanthropy

About Rs 35,000 crore unclaimed deposits as of February 2023 were transferred to RBI by public sector banks (PSBs) in respect of deposits which were not operated for 10 years or more Mumbai: The Reserve Bank on Thursday announced to set up a centralised portal to...
RBI holds the key lending rate at 6.50% after six repo rate hikes in a row

RBI holds the key lending rate at 6.50% after six repo rate hikes in a row

by AIP Online Bureau | Apr 6, 2023 | Eco/Invest/Demography, Indian News

Shaktikanta Das,Governor, Reserve Bank of India The monetary policy committee (MPC), which has three members from the central bank and three external members, retained the key lending rate or the repo rate at 6.50%, in a unanimous decision Retail inflation...

Sequoia Capital’s $8.5m funding for a startup improving fleet driver behaviors with telematics

by AIP Online Bureau | Apr 6, 2023 | International News, Non-Life, Technology

It’s a marketplace worth $76B today and set to grow to $214B in the next 6 years. LightMetrics is powering the global vehicle telematics industry with intelligent video capabilities as revenues grow 3x while customer numbers cross 2,500 fleets globally. Their...
Total global reinsurance capital shrinks 12% to $638bn in 2022:Gallagher Re report

Total global reinsurance capital shrinks 12% to $638bn in 2022:Gallagher Re report

by AIP Online Bureau | Apr 6, 2023 | International News, Non-Life, Reinsurance

The drop in capital was driven by a decline in the value of investments. There was also a conspicuous absence of new capacity, despite the potential attraction of much tightened pricing and terms and conditions Perhaps most notably, for the first time in the past ten...
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