by AIP Online Bureau | May 31, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News
New Delhi: North and south India are expected to have below normal monsoon this season, the India Meteorological Department (IMD) said in its forecast Friday. The El-Nino phenomenon, generally believed to have its impact on monsoon, will continue...
by AIP Online Bureau | May 31, 2019 | International News, Non-Life
LONDON: Britain’s Legal & General Group will sell its general insurance business to a UK subsidiary of Germany’s Allianz for 242 million pounds, the companies said on Friday.Allianz is also acquiring the remaining 51 percent of Liverpool Victoria...
by AIP Online Bureau | May 29, 2019 | Banking & Bancassurance, Eco/Invest/Demography, International News
The role of banks as providers of finance has started to erode in Europe and some other parts of the world, the Bank of Finland’s governor Olli Rehn said on Friday, calling for new central bank tools to safeguard financial stability. “In Europe, an...
by AIP Online Bureau | May 29, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management
Climate change could hit bank balance sheets with a knock-on effect on financial stability, the European Central Bank warned on Wednesday. In a special feature for its semi-annual Financial Stability Review on Wednesday, the ECB said problems will...
by AIP Online Bureau | May 28, 2019 | Indian News, Life
New Delhi: Max Financial Services (MFS) May 28 reported a 30 per cent fall in consolidated net profit to Rs 391 crore for 2018-19. The net profit was lower compared to the previous year, largely due to one-time expenses for pursuing an inorganic opportunity for...
