by AIP Online Bureau | May 31, 2019 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits
New Delhi: In a major push to boost rural consumption, the Modi government in its first Cabinet meeting decided to cover all the farmers, irrespective of their land holdings, under PM Kisan scheme that promises to transfer Rs 6,000 in their bank accounts....
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...
