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Auto sales dip 23% in Feb as supply challenges continue: SIAM

Auto sales dip 23% in Feb as supply challenges continue: SIAM

by AIP Online Bureau | Mar 11, 2022 | Eco/Invest/Demography, Indian News, Non-Life

“Continuing supply-side challenges like semiconductor shortages, increase in cost due to new regulations, higher commodity prices and higher logistics cost, etc., have impacted overall sales in the auto industry,” Society of Indian Automobile Manufacturers...
Covid deaths worldwide 18 million, three times official tally: Lancet Study

Covid deaths worldwide 18 million, three times official tally: Lancet Study

by AIP Online Bureau | Mar 11, 2022 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

Because of its large population, India alone accounted for an estimated 22% — or 4.1 million — of the global deaths. The U.S. and Russia were the next highest with 1.1 million each, followed by Mexico, Brazil and Indonesia “At the global level, this is...
Swiss Re partners with dacadoo to offer platform to insurers of all sizes

Swiss Re partners with dacadoo to offer platform to insurers of all sizes

by AIP Online Bureau | Mar 11, 2022 | Health, International News, Life, Non-Life, Reinsurance

The new combined solution also strengthens Swiss Re’s Personal Resilience Suite (PRS capabilities). PRS is a holistic, modular and innovative risk assessment approach, powered by Swiss Re’s renowned underwriting manual Life Guide Zurich: Swiss Re and dacadoo...
US says $ 100 billion soon to help poor nations with climate

US says $ 100 billion soon to help poor nations with climate

by AIP Online Bureau | Mar 11, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

U.S. climate envoy John Kerry Kerry said to fund the economic transition that all countries must make to tackle climate change, “it’s going to require not just $100 billion but trillions of dollars.No single government — no group of governments — can meet...

Aviation Ministry invites applications from drone industry for PLI scheme

by AIP Online Bureau | Mar 11, 2022 | Eco/Invest/Demography, Policy, Technology

The ministry had on September 16, 2021, announced a PLI scheme for drones and drone components with an allocation of Rs 120 crore spread over three financial years Aviation Minister Jyotiraditya Scindia had on September 16 last year that the Indian drone industry will...
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