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Poor monsoon could spell disaster for India’s agriculture-based economy, say experts

by AIP Online Bureau | Jun 19, 2022 | Eco/Invest/Demography, Indian News, Non-Life

However, the weather department says it is expected to pick up the pace and compensate for any deficiency. The prediction is good and the rainfall is picking up. The countrywide rainfall deficit decreased from 43 percent on June 11 to 18 percent on June 17, said...
Delhi bound SpiceJet plane catches fire mid air; all safe

Delhi bound SpiceJet plane catches fire mid air; all safe

by AIP Online Bureau | Jun 19, 2022 | Indian News, Non-Life

Patna Airport Director also said, “SpiceJet flight from Patna to Delhi was reported to have fire in one engine. The flight landed safely, and all 183 passengers and two infants have deboarded safely.” Patna: A Delhi-bound Spice Jet aircraft made an...
Bitcoin slides below $20,000 to lowest since December 2020

Bitcoin slides below $20,000 to lowest since December 2020

by AIP Online Bureau | Jun 18, 2022 | International News, Technology, Wealth Management/ Philanthropy

“Breaking $20,000 shows you that confidence has collapsed for the crypto industry and that you’re seeing the latest stresses,” said Edward Moya, Senior Market Analyst, The Americas OANDA, on Saturday. Moya said that “even the loudest crypto...
World has ‘gambled on fossil fuels and lost’, warns Guterres

World has ‘gambled on fossil fuels and lost’, warns Guterres

by AIP Online Bureau | Jun 18, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Policy

António Guterres, Secretary General, UN “For decades, many in the fossil fuel industry has invested heavily in pseudo-science and public relations – with a false narrative to minimize their responsibility for climate change and undermine ambitious climate policies.”...
Russia-Ukraine War: Indian general insurers form Rs 500 crore `Pool’ to cover Fertiliser shipment, may include Oil later

Russia-Ukraine War: Indian general insurers form Rs 500 crore `Pool’ to cover Fertiliser shipment, may include Oil later

by AIP Online Bureau | Jun 18, 2022 | Indian News, Non-Life, Reinsurance

The `Pool’, which only covers the Cargo and not the Hull, was initiated at the instance of ministry of finance, is already in place this week after receiving due approvals from the insurance regulator IRDAI Effectively, any claim within Rs 500 crore per shipment of...
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