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Electric vehicle registrations rise 17 pc in FY25: SIAM

Electric vehicle registrations rise 17 pc in FY25: SIAM

by AIP Online Bureau | Apr 15, 2025 | Climate, Environment, Renewable Energy, Indian News, Non-Life

Total electric vehicle (EV) registrations in the country reached 1.97 million units in FY25 against 1.68 million units in FY2023-24, posting a growth of 17 per cent New Delhi: Electric vehicle registrations in the country increased 17 per cent to 19.7 lakh units last...
Bima Sugam achieves financial closure, mops up Rs 340 crore from insurers and GIC Re

Bima Sugam achieves financial closure, mops up Rs 340 crore from insurers and GIC Re

by AIP Online Bureau | Apr 14, 2025 | Indian News, Life, Non-Life, Regulation, Technology

The Ministry of Finance has prohibited three PSU general insurers- Oriental Insurance Company , National Insurance Company and United India Insurance- from providing any capital to Bima Sugam as currently, they lack shareholders’ capital and they are not permitted use...

AI makes weather forecasting more cost effective and accurate

by AIP Online Bureau | Apr 14, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

This is the first time Taiping Reinsurance is bringing high-resolution flood modeling in-house, instead of relying on coarser models developed by US risk analytics companies, said Sheldon Yu, chief executive officer at the Hong Kong-based reinsurer The weather...

Delhi’s ‘old car no fuel’ policy to kick in soon, fuel stations get cameras to scan vehicles

by AIP Online Bureau | Apr 13, 2025 | Climate, Environment, Renewable Energy, Indian News, Policy, Technology

In March, the Delhi government unveiled its plans that fuel pumps in the national capital will not provide petrol and diesel to vehicles older than 15 and 10 years, respectively. The city has 500 fuel refilling stations New Delhi: With 477 fuel refilling stations in...
AAIB plans granular analysis of data related to incidents involving aircraft in Indian airspace

AAIB plans granular analysis of data related to incidents involving aircraft in Indian airspace

by AIP Online Bureau | Apr 13, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology

Coming under the civil aviation ministry, AAIB is responsible for classification of safety occurrences involving aircraft operating in the Indian airspace into accidents, serious incidents, and incidents New Delhi: Aircraft Accident Investigation Bureau (AAIB) plans...
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