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ADB partners with global Insurers to mobilize $1 billion in lending capacity to financial institutions

by AIP Online Bureau | Aug 29, 2022 | Banking & Bancassurance, Eco/Invest/Demography, International News

ADB has signed an initial 3-year partnership with Tokio Marine Group , AXA XL, Chubb, Liberty Specialty Markets, and Allianz Trade MANILA: The Asian Development Bank (ADB) has signed an agreement with five leading global insurers which will mobilize up to $1 billion...

ADB approves a $200 million loan to help mitigate ecological & environmental risks in China’s Mulan River

by AIP Online Bureau | Aug 29, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The project aims to strengthen institutional capacity for environmental management. It will support county-level integrated environment management and climate change adaptation action plans and associated capacity building and public awareness raising. It will also...

Equity investors’ wealth falls by Rs 2.39 lakh cr as markets sink

by AIP Online Bureau | Aug 29, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

”Indian market kicked off the new week with a deep cut followed by a sharp sell-off in global markets on the back of hawkish commentary by the US Fed chairman Jerome Powell,” Santosh Meena, Head of Research, Swastika Investmart Ltd, said. Foreign...

RBI mulls setting up of fraud registry to check banking frauds

by AIP Online Bureau | Aug 29, 2022 | Banking & Bancassurance, Indian News, Regulation

Such a database will help prevent these fraudsters from repeating the fraud as the websites or phone numbers would be blacklisted, RBI executive director Anil Kumar Sharma said on Monday New Delhi: As part of its efforts to strengthen customer protection, Reserve Bank...

North American companies send in the robots, even as productivity slumps

by AIP Online Bureau | Aug 29, 2022 | Eco/Invest/Demography, Facts, Technology

The incentives for companies to pursue a robot-enhanced workforce are obvious in the current tight labor market. With nearly two open jobs for every unemployed worker, employers are bidding up wages: Total U.S. labor costs – covering wages and benefits –...
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