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Married daughters also entitled for compensation paid by insurers: HC

by AIP Online Bureau | Aug 11, 2022 | Indian News, Non-Life

The HC single judge bench of Justice H P Sandesh heard an appeal filed by an insurance company challenging the award of compensation to married daughters of one Renuka (aged 57) who was killed in an accident on April 12, 2012 near Yamanur, Hubballi, in north Karnataka...
India’s annual green finance is just one-fourth of its needs, finds study

India’s annual green finance is just one-fourth of its needs, finds study

by AIP Online Bureau | Aug 11, 2022 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Policy

The report estimates that for India to achieve its Nationally Determined Contributions (NDCs) under the Paris agreement, the country requires approximately Rs 162.5 lakh crore (USD 2.5 trillion) from 2015 to 2030, or roughly Rs 11 lakh crore (USD 170 billion) per...
In India,7.3% of the population owned digital currency in 2021, 7th highest in the world: UN

In India,7.3% of the population owned digital currency in 2021, 7th highest in the world: UN

by AIP Online Bureau | Aug 11, 2022 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

“If cryptocurrencies become a widespread means of payment and even replace domestic currencies unofficially (a process called cryptoisation), this could jeopardise the monetary sovereignty of countries,” UN said Ukraine topped the list with 12.7 per cent, followed by...
Wage Revision: PSU general insurance industry unions stick to their demand of pay parity with LIC

Wage Revision: PSU general insurance industry unions stick to their demand of pay parity with LIC

by AIP Online Bureau | Aug 11, 2022 | Indian News, Non-Life, Policy

“Pay scales offered to us as on 01st August 2017 with loading factor of 10 per cent put us in most disadvantage when compared to those granted to LICI and ECGC,’’ said unions in their letter to Suchita Gupta, chairperson of GIPSA, the official coordinating...

Pakistan: Karachi among world’s worst places to live

by AIP Online Bureau | Aug 11, 2022 | Facts, Health

Austria’s capital Vienna topped the list of top 10 places to live in the world. Vienna held the top position in 2018 and 2019 as well. Islamabad: Karachi has yet again made it to the list of worst cities to live in the world in 2022, according to the Global...
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