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Centre earmarks Rs 2,000 crore to encourage states to scrap old vehicles

by AIP Online Bureau | Jan 16, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Policy

Incentive for scrapping of old vehicles has been added to the scheme and an amount of Rs 2,000 crore has been earmarked for scrapping state government vehicles which are older than 15 years, waiver of liabilities on old vehicles and providing tax concessions to...

India’s richest 1% own more than 40% of total wealth: Oxfam

by AIP Online Bureau | Jan 16, 2023 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

Since the pandemic begun to Nov 2022, billionaires in India have seen their wealth surge by 121 per cent or Rs 3,608 crore per day in real terms, Oxfam said On the other hand, approximately 64 per cent of the total Rs 14.83 lakh crore in Goods and Services Tax (GST)...

Networth of richest-1% double of rest of world: Oxfam

by AIP Online Bureau | Jan 16, 2023 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

During the past decade, the richest 1 per cent had captured around half of all new wealth, it added, while noting that extreme wealth and extreme poverty have increased simultaneously for the first time in 25 years. ”Women and girls often eat least and last, and...

Support from others in stressful times can ease impact of genetic depression risk: Study

by AIP Online Bureau | Jan 16, 2023 | Facts, Health, Workplace/Employee Benefits

Compared to individuals in the study who had low depression polygenic risk scores, the doctors and widows with higher risk scores had higher rates of depression after they lost social support, but also had lower rates of depression when they gained social support...

Study suggests strong social connections help to improve health

by AIP Online Bureau | Jan 16, 2023 | Facts, Health

The study also found that having strong bonds with both close social circles and extended groups is associated with better mental health and wellbeing. Importantly, the greater number of groups people had strong bonds with, the higher their engagement in health...
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