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Reliance General’s PBT at Rs 334 crore in 9FY23, wants capital infusion

by AIP Online Bureau | Feb 25, 2023 | Eco/Invest/Demography, Indian News, Non-Life

Company has grown its investments assets at 20 per cent to Rs. 16,581 Crore for 9M FY23 as against Rs. 13,861 crore for the corresponding period 9M FY22 Mumbai: Profit before tax of Reliance General Insurance has grown to Rs 334 crore for 9M FY23 as against Rs 314...
IMF flags debt restructuring hurdles, says banning crypto should be an option

IMF flags debt restructuring hurdles, says banning crypto should be an option

by AIP Online Bureau | Feb 25, 2023 | Eco/Invest/Demography, International News, Regulation, Technology

“We have to differentiate between central bank digital currencies that are backed by the state and stable coins, and crypto assets that are privately issued,” Georgieva said. “There has to be very strong push for regulation… if regulation fails, if...

Jack Ma-backed Ant Group to reduce stake in Vijay Shekhar’s Paytm

by AIP Online Bureau | Feb 25, 2023 | Eco/Invest/Demography, Technology

The deliberations follow Ant affiliate Alibaba Group Holding Ltd.’s sale of its stake in Paytm, as the e-commerce giant pared back investments in India amid growing geopolitical tensions. Ant’s sale would be for technical and not political reasons, the people added...
Rising heat across parts of India raises alarm on another energy crunch

Rising heat across parts of India raises alarm on another energy crunch

by AIP Online Bureau | Feb 25, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Indian News

Temperatures have been as much as 11C above normal in some regions in the past week and prompted the India Meteorological Department to advise farmers to check wheat and other crops for signs of heat stress The unusually early onset of hotter weather — and forecasts...

Agriculture budget rises 5 times in 9 years to over Rs 1.25 lakh cr: PM Modi

by AIP Online Bureau | Feb 25, 2023 | Data, Eco/Invest/Demography

The Prime Minister also highlighted that the Budget focuses on agri-tech startups and an accelerator fund too has been proposed to create new funding avenues for them He observed that the number of startups in the agriculture sector has increased to more than 3,000...
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