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AIIB provides $125 million funding for Kerala’s climate adaptation and disaster resilience

by AIP Online Bureau | Aug 9, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

  Beijing,Aug 09: Beijing based multilateral lening body, the Asian Infrastructure Investment Bank (AIIB) has approved $125 million to help India’s state government of Kerala better prepare against natural disasters, the impact of climate change and...

Will RBI joining NGFS help in climate finance?

by AIP Online Bureau | Aug 9, 2021 | Banking & Bancassurance, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance

New Delhi: The months of May, June and July gave a fierce glimpse of the natural disasters – cyclones on east and west coast, excess rainfall, floods and cloudbursts – that reigned havoc in India and are set to increase in frequency and intensity in years...

 Punjab govt to cover 8.5 lakh farming families under health insurance scheme

by AIP Online Bureau | Aug 9, 2021 | Health, Indian News, Non-Life

  Chandigarh: The Punjab government has decided to bring nearly 8.5 lakh farmers and their families under the ambit of the health insurance cover for the year 2021-22. All the farmers having 'J' forms and 'sugarcane weighment slips' would be...

Indian bankers face legal risks as court rulings threaten over $6 billion in loans

by AIP Online Bureau | Aug 8, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

  MUMBAI: Informal talks are taking place to deal with the fall-out from two rulings by India's Supreme Court that threaten the repayment of loans totalling nearly Rs 50,000 crore ($6.73 billion) to some of India's largest banks, bankers close to the...

Bengal flood situation improves with decrease in rainfall, water receding

by AIP Online Bureau | Aug 8, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life

  Kolkata: The flood situation in seven districts of West Bengal improved slightly with a decrease in rainfall and water receding from the inundated areas, a state government official said on Sunday. Though water receded in the flood-affected areas, over three...
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