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New vehicle scrap norms may dent auto profits by Rs25K cr

New vehicle scrap norms may dent auto profits by Rs25K cr

by AIP Online Bureau | May 3, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation

“Once the environmental compensation (EC) cost is notified by CPCB (Central Pollution Control Board), automobile manufacturers may be required to make substantial cumulative financial provisions under the accounting standards (IND AS 37). Preliminary estimates...
Scindia launches nationwide mobile alert system for disaster emergencies

Scindia launches nationwide mobile alert system for disaster emergencies

by AIP Online Bureau | May 2, 2026 | Disaster & Management, Eco/Invest/Demography, Indian News, Risk Management, Technology

Jyotiraditya Scindia,Union Minister of Communications Cell Broadcast Solution (CBS) is a telecom-enabled public warning system that enables authorities to broadcast simultaneous, geo-targeted alerts to mobile devices within a defined area. Integrated with the...
Finance Ministry notifies 100 pc FDI in insurance sector, amends FEMA Rules

Finance Ministry notifies 100 pc FDI in insurance sector, amends FEMA Rules

by AIP Online Bureau | May 2, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

While 100 per cent foreign investment will be allowed in insurance companies and intermediaries, including brokers, under the automatic route, the cap is 20 per cent for Life Insurance Corporation (LIC), said the Foreign Exchange Management (Non-debt Instruments)...
FIIs offload ₹70,100 crore from Indian equities; DIIs steady markets

FIIs offload ₹70,100 crore from Indian equities; DIIs steady markets

by AIP Online Bureau | May 2, 2026 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy

Domestic institutional investors (DIIs), however, remained supportive, investing ₹51,000 crore during the month and helping cushion the market from sharper declines. The same pattern was visible last week, with FIIs selling around ₹13,000 crore, while DIIs infused...
West Asia Conflict:Govt invokes force majeure, grants 4-month contractor relief

West Asia Conflict:Govt invokes force majeure, grants 4-month contractor relief

by AIP Online Bureau | May 2, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy

Under the revised guidance, contracts with completion deadlines on or after February 28, 2026, that have been affected directly or indirectly by the West Asia disruptions may be granted an extension of at least two months and up to four months, without any penalty or...
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