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India’s 100 richest tycoons surpass $1 trillion milestone, spot: Forbes list

India’s 100 richest tycoons surpass $1 trillion milestone, spot: Forbes list

by AIP Online Bureau | Oct 10, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

Mukesh Ambani, the chairman and managing director of Reliance Industries Mukesh Ambani, the chairman and managing director of Reliance Industries, has once again claimed the top position on Forbes’ 2024 list of India’s 100 richest tycoons. His wealth increased...

US considers asking court to break up Google as it weighs remedies in the antitrust case

by AIP Online Bureau | Oct 9, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

In court papers filed late Tuesday, government lawyers outlined a series of potential remedies it may pursue, including restrictions on how Google’s artificial intelligence mines other websites to deliver search results, and blocking Google from paying companies like...

Increasing UPI 123Pay, UPI Lite limits to benefit more users

by AIP Online Bureau | Oct 9, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology

With new guidelines, the users will soon be able to do low-value UPI transactions of up to Rs 1,000 without entering the PIN. Earlier, the limit was Rs 500. The limit for UPI Lite balance has also been raised to Rs 5,000 from Rs 2,000. UPI Lite is available on Paytm,...

Global emissions likely have peaked as renewables rise

by AIP Online Bureau | Oct 9, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

The cost of deploying solar panels and battery technology is due to drop by 19% by 2030, helping deliver record amounts of low carbon power. Renewables are due to grow to 2.2 times by 2030, well below the tripling set out during the COP28 United Nations Climate Change...

Catastrophe bond investors brace for major losses as Milton rages

by AIP Online Bureau | Oct 9, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Wealth Management/ Philanthropy

Catastrophe bonds, or cat bonds as they’re known in the industry, are issued by insurers and reinsurers to provide financial protection against the most severe natural disasters. Investors who buy the bonds stand to make large gains if a predefined event doesn’t...
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