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Monsoon covers half of India, to help farmers accelerate crop sowing

by AIP Online Bureau | Jun 24, 2019 | Eco/Invest/Demography, Indian News

  New Delhi: India's annual monsoon rains have covered nearly half of the country and conditions are favourable for further advancement into the central and western parts this week, a weather department official said on Monday.   The monsoon's...

LIC earns Rs23,600 cr of profit from its equity investment in 2018-19,total assets exceed Rs 30 trillion

by AIP Online Bureau | Jun 24, 2019 | Indian News, Life

  Mumbai:  State owned life insurance behemoth Life Insurance Corporation (LIC) might have lost its market share during 2018-19 but has earned a record profit of Rs 23,621 crores from its equity investment during the year. It had a gross equity...

 Liberty Mutual Insurance decides not to insure Adani’s controversial $16.5bn Australian coal mine

by AIP Online Bureau | Jun 23, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life

  Boston: One more insurance company. Liberty Mutual Insurance Co. has decided  not to insure a controversial $16.5bn Carmichael coal mine in Australian, developed by Indian businessman Gautam Adani.   However, media report suggests that but the...

National minimum wage will hurt jobs; states must fix earnings: CII

by AIP Online Bureau | Jun 23, 2019 | Eco/Invest/Demography, Indian News

New Delhi: Industry body CII Sunday said states should have the power to determine minimum wages as the concept of a national minimum wage will affect job creation.   According to sources, the labour ministry is likely to seek Cabinet approval for the Code on...

84 pc of IMD’s subdivisions record deficient rainfall, 80 pc reservoirs have below normal storage

by AIP Online Bureau | Jun 23, 2019 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

  New Delhi: With the progress of monsoon still remaining sluggish, 84 per cent of the meteorological subdivisions have recorded deficient rainfall, MeT department data shows.   According to the Central Water Commission data, of the 91 major reservoirs in...
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