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Social sector spending by rich drops despite increase in wealth: Report

by AIP Online Bureau | Mar 3, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Going forward, the private philanthropic giving in India is estimated to grow at 11 per cent per annum and reach 1.86 lakh crore in FY27, the report said In the last five years, total social sector expenditure in India has seen an annual growth of 15 per cent per...

Sebi slaps mkt ban on actor Arshad Warsi, 44 others for share price manipulation through misleading YouTube videos

by AIP Online Bureau | Mar 3, 2023 | Indian News, Regulation

Sebi noted, prima facie, these entities collectively helped create trading volumes and interest in the scrip, spread false and misleading YouTube videos, and hence induced investors to buy the companies scrips at elevated prices, thereby prima facie violating the...

53 pc Indians likely to buy art, watches, luxury handbags in 2023; art tops in passion investment: Report

by AIP Online Bureau | Mar 3, 2023 | Eco/Invest/Demography, Facts, Wealth Management/ Philanthropy

Among the ten passion investments, Knight Frank said art was the top performer with a return of 29 per cent in a 12-month period ending December 2022. More than half of ultra-high net worth individuals (UHNWIs) in India are likely to purchase art along with watches...

Third of callers to national helpline reported anxiety, depression, suicidal thoughts: Survey

by AIP Online Bureau | Mar 3, 2023 | Data, Eco/Invest/Demography, Non-Life

”One-third of people who reached out to us told us that they struggled with mental illness, anxiety, depression, and suicidal thoughts. Suicide killed more people in India than murders and coronavirus in 2022,” said philanthropist Priya...
Global energy-related CO2 emissions edged up to record high in 2022 – IEA

Global energy-related CO2 emissions edged up to record high in 2022 – IEA

by AIP Online Bureau | Mar 3, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

“We still see emissions growing from fossil fuels, hindering efforts to meet the world’s climate targets,” IEA Executive Director Fatih Birol said in a release alongside the report. LONDON: Global energy-related emissions of carbon dioxide hit a record...
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