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Covid-19:No fans at Olympics, making Games a TV event

by AIP Online Bureau | Jul 8, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

Fans were banned from the pandemic-postponed Tokyo Olympics which will open in two weeks, following a state of emergency on Thursday, Olympic Minister Tamayo Marukawa told the Japanese news agency Kyodo. The ban was announced by the International Olympic Committee and...

ECB tweaks inflation target, carves out climate role

by AIP Online Bureau | Jul 8, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The European Central Bank set a new inflation target on Thursday and carved out a major role in the fight against climate change, as Europe's most powerful financial institution embarked on the biggest overhaul in its 23-year history. With inflation having...

EU fines German car makers $1B over emission collusion

by AIP Online Bureau | Jul 8, 2021 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

  Brussels:  The European Union handed down $1 billion in fines to major German car manufacturers Thursday, saying they colluded to limit the development and rollout of car emission-control systems. Daimler, BMW and Volkswagen along with its Audi and Porsche...

India invites UK companies to invest in insurance sector

by AIP Online Bureau | Jul 8, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance

New Delhi: India has invited UK companies to invest in the insurance sector, while Britain offered its London market for direct listing of Indian firms. This year, India has increased the foreign direct investment ceiling from 49 per cent to 74 per cent. Earlier, the...

Yamuna pollution: Rs 12 cr fine imposed on 12 CETPs for not meeting wastewater standards

by AIP Online Bureau | Jul 8, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Indian News, Risk Management

New Delhi: The Delhi Pollution Control Committee has imposed a fine of over Rs 12 crore on 12 common effluent treatment (CETPs) plants operating across the capital for not meeting prescribed wastewater discharge standards repetitively. There are 24 industrial areas in...
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