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Major world economies seek to halt new private sector coal financing

by AIP Online Bureau | Jun 11, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Risk Management

If approved, the draft proposal by the Organisation for Economic Co-operation and Development, would be the first move by a multilateral institution to curb financing for coal, one of the biggest causes of climate change, which produces more carbon dioxide emissions...
Singapore Airlines offers compensation for flight hit by turbulence

Singapore Airlines offers compensation for flight hit by turbulence

by AIP Online Bureau | Jun 11, 2024 | International News, Non-Life, Reinsurance, Risk Management

“Passengers medically assessed as having sustained serious injuries, requiring long-term medical care, and requesting financial assistance are offered an advance payment of $25,000 to address their immediate needs,” that will form part of any final settlement, the...

India fastest growing economy to clock 6.7 pc growth over 3 years World Bank

by AIP Online Bureau | Jun 11, 2024 | Eco/Invest/Demography, Indian News, Policy

“India will remain the fastest-growing of the world’s largest economies, although its pace of expansion is expected to moderate. After a high growth rate in FY2023/24, steady growth of 6.7 per cent per year, on average, is projected for the three fiscal...

Household consumption expenditure jumps in India as incomes rise

by AIP Online Bureau | Jun 11, 2024 | Data, Eco/Invest/Demography, Policy

In absolute terms, the monthly per capita consumption expenditure in the country’s rural areas shot up to Rs 2,008 in 2022-23 from Rs 1,430 in 2011-12 Urban India also recorded a robust gain of 33 per cent with per capita household consumption expenditure rising to Rs...

Domestic passenger vehicle sales rise 4% in May to 347,492 units: SIAM

by AIP Online Bureau | Jun 11, 2024 | Data, Eco/Invest/Demography, Non-Life

Moreover, the two-wheeler segment saw a notable 10% rise in sales, reaching 16,20,084 units in May, compared to 14,71,550 units in the same period last year New Delhi: India’s passenger vehicle wholesales experienced a 4% year-on-year growth in May 2023,...
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