by AIP Online Bureau | Aug 31, 2025 | Eco/Invest/Demography, Indian News, Policy
Motor vehicle tax is compensatory in nature. It has a direct nexus with the end use. The rationale for levy of motor vehicle tax is that a person who is using public infrastructure, such as, roads, highways etc. has to pay for such usage,” the apex court said....
by AIP Online Bureau | Aug 31, 2025 | Banking & Bancassurance, Pension & Social Security, Policy
Sanjay Malhotra, Governor, Reserve Bank of India The RBI governor said 55 crore accounts have been opened under the scheme to ensure participation of people from all sections in the country’s growth journey, providing them with savings, pension, insurance,...
by AIP Online Bureau | Aug 31, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Technology
“India’s development journey is unprecedented — our economy growing while pursuing a low-carbon and sustainable path. This transition will be energy-intensive, yet we are progressing steadily on our Nationally Determined Contributions (NDCs) and promoting...
by AIP Online Bureau | Aug 30, 2025 | Climate, Environment, Renewable Energy, Features, Non-Life, Reinsurance
When asked about issues on warranty and insurance due to usage of E20 fuel on non-E20 vehicles, SIAM Executive Director PK Banerjee said, “The E20 fuel-related insurance and warranty, any claim, whoever is spreading is misplaced. There will be honouring of the...
by AIP Online Bureau | Aug 30, 2025 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life
The state has suffered losses of over Rs 3,040 crore due to 91 flash floods, 45 cloudbursts and 93 major landslides it has witnessed during the ongoing monsoon season, the State Emergency Operation Centre (SEOC) data showed. Shimla: Five houses were damaged as...
