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FPI selling extends to 8th straight month, pulls out over Rs 6k-cr in May

by AIP Online Bureau | May 7, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

FPIs remained net sellers for seven months to March 2022, withdrawing a massive net amount of Rs 1.65 lakh crore from equities The ongoing geopolitical environment following Russia’s invasion of Ukraine also weighed on FPIs buying sentiment New Delhi: Continuing...

Govt aims to develop vehicle scrapping facilities within 150 kms from city centres

by AIP Online Bureau | May 7, 2022 | Eco/Invest/Demography, Indian News, Non-Life

”Developing a large number of vehicle scrapping centres, we can also develop multiple authorized collection centres of vehicle scrapping units in one city, which will have the authority to deregister a vehicle and issue deposit certificates,” he said New...
Indian states ready with plans to mitigate heatwave impact, official says

Indian states ready with plans to mitigate heatwave impact, official says

by AIP Online Bureau | May 7, 2022 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life

The National Disaster Management Authority (NDMA) has categorised 23 of India’s 28 states and some 100 cities and districts as being at risk of suffering extreme heat. Nineteen states have already made their own heat-action plans and some others are working on...

Amazon, Citi, other companies take stance on abortion rights in US with travel benefit

by AIP Online Bureau | May 7, 2022 | Eco/Invest/Demography, Health, Non-Life, Policy, Workplace/Employee Benefits

The issue has gained urgency now that 31 states have introduced abortion bans this year, according to policy analysis by research group Guttmacher Institute By offering support for employees who may need to travel out of state for abortions, Yelp and other companies...
Faulty battery cells, modules likely caused e-scooter fire in India, initial probe finds

Faulty battery cells, modules likely caused e-scooter fire in India, initial probe finds

by AIP Online Bureau | May 7, 2022 | Eco/Invest/Demography, Non-Life, Technology

“As per the preliminary assessment of these experts, there was no fault of the Ola battery management system at all and it was likely an isolated thermal incident,” a company spokesperson said in a statement India wants e-scooters and e-bikes to make up...
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