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Red Sea crisis may push shipping cost by up to 60 pc, insurance premiums by 20 pc: GTRI

by AIP Online Bureau | Jan 6, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

The Houthi conflict’s disruption of the Red Sea shipping lanes significantly impacts Indian trade, especially with the Middle East, Africa, and Europe, the Global Trade Research Initiative (GTRI) said New Delhi: The increasing Red Sea crisis may impact trade as...
Alaska Airlines flight makes emergency landing after midair blowout of window

Alaska Airlines flight makes emergency landing after midair blowout of window

by AIP Online Bureau | Jan 6, 2024 | International News, Non-Life, Risk Management

Hours after the terrifying incident, Alaska Airlines announced that it would ground its entire fleet of 65 Max 9s for inspections and maintenance. CEO Ben Minicucci said Alaska expects the inspections to be completed “in the next few days.” India’s aviation watchdog...

774 fresh Covid cases in India,active cases stands at 4,187

by AIP Online Bureau | Jan 6, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life

Two deaths — one each from Tamil Nadu and Gujarat — were reported in a span of 24 hours, according to the ministry’s data updated at 8 am. New Delhi: India has recorded a single-day rise of 774 COVID-19 cases while the number of active cases stands...

World Bank raises GBP 1.5 billion in 5-year sustainable development bond

by AIP Online Bureau | Jan 6, 2024 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy

According to the World Bank, this Sustainable Development Bond aims to generate GBP 1.5 billion from investors, contributing to the financing of the World Bank’s initiatives for sustainable development solutions in its member countries London: The World Bank,...
GIFT City grants  its first approval to Azim Premji’s family office to invest its capital overseas

GIFT City grants its first approval to Azim Premji’s family office to invest its capital overseas

by AIP Online Bureau | Jan 6, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy

Azim Premji, non-executive member of the board and founder chairman of Wipro Dozens of applications for family investment fund that allow families to make investments across various asset classes and instruments offshore, are still pending with GIFT City authorties,...
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