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Climate change could cost pension funds billions, EU watchdog says

by AIP Online Bureau | Dec 14, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Pension & Social Security

Only 14% of pension schemes said they were already using environmental stress-testing in their own risk management, a subgroup that performed better than their peers in the test, EIOPA said. Pension funds across the European Union would lose billions of euros from...
Fed lifts rates by half percentage point, sees economy nearing stall speed

Fed lifts rates by half percentage point, sees economy nearing stall speed

by AIP Online Bureau | Dec 14, 2022 | Eco/Invest/Demography, International News, Policy, Wealth Management/ Philanthropy

The U.S. central bank’s projection of the target federal funds rate rising to 5.1% in 2023 is slightly higher than investors expected heading into this week’s two-day policy meeting and appeared biased if anything to move higher WASHINGTON: The Federal...

Karnataka govt simultaneously launches 114 ‘Namma Clinics’ across State

by AIP Online Bureau | Dec 14, 2022 | Data, Health

Each Namma Clinic is expected to cater to a population of 10,000 to 20,000. The 12 kinds of services include pregnancy, postnatal, neonatal care, childhood and adolescent care, universal immunisation services, family welfare, contraceptive, infectious disease...

India’s COVID-19 tally not rising due to hybrid immunity -Top Health Expert

by AIP Online Bureau | Dec 14, 2022 | Eco/Invest/Demography, Health, Indian News, Pandemic

New Delhi: COVID-19 Working Group NTAGI Chairman N K Arora on Wednesday said that despite South Asian countries reporting an increase in COVID-19 cases, India is not getting affected because of hybrid immunization. However, Dr. Arora warned that India still needs to...
Govt extends bid submission deadline till Jan 7 for IDBI Bank sale

Govt extends bid submission deadline till Jan 7 for IDBI Bank sale

by AIP Online Bureau | Dec 14, 2022 | Banking & Bancassurance, Indian News, Policy

The government and the Life Insurance Corporation (LIC) hold 94.71 per cent of IDBI Bank and are looking to offload 60.72 per cent in the state-owned bank. The successful bidder will have to make an open offer of acquisition of 5.28 per cent of the public...
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