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Extreme heat rendering parts of the world too hot to insure

by AIP Online Bureau | Jul 31, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life

Rising temperatures are disrupting economic activity and daily life across the globe, sapping crops, drying rivers and raising sea levels. Scientists suspect the last several years have been warmer than any point in over 125,000 years Soaring global temperatures may...

Foreign portfolio investments fell sharply to (-) Rs 40,936 cr in 2022-23 from Rs 2,67,100 cr in 2020-21

by AIP Online Bureau | Jul 31, 2023 | Data, Eco/Invest/Demography

There have been positive signs though in the first quarter of the current fiscal (2023-24), as FPI inflows stood in positive zone at Rs 1,18,133 crore during April-June period of the current fiscal The sustained investment by FPIs is a reflection of their increasing...

India likely to receive below-average monsoon rains in August

by AIP Online Bureau | Jul 31, 2023 | Data, Eco/Invest/Demography, Non-Life

El Nino — warming of the waters in the Pacific Ocean near South America — has not affected the monsoon rains so far, Mohapatra said New Delhi: India is likely to receive below-average rainfall in August due to the El Nino weather pattern, a senior weather...

Over 17,000 people died in floods and heavy rains between 2012-2021: Govt

by AIP Online Bureau | Jul 31, 2023 | Data, Disaster & Management, Eco/Invest/Demography

Responding to a question in the Rajya Sabha, Minister of State for Jal Shakti Bishweswar Tudu said the increased incidence of high intensity rainfall of short duration is mainly responsible for urban floods, which is further compounded by unplanned growth,...
RBI reviews risks to Kotak Mahindra Bank’s stability from its 2 insurance subsidiaries: Report

RBI reviews risks to Kotak Mahindra Bank’s stability from its 2 insurance subsidiaries: Report

by AIP Online Bureau | Jul 31, 2023 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation

The bank however has termed claims made in this report “completely incorrect and baseless” Kotak Mahindra’s holdings in units – Kotak Mahindra Life Insurance Co. and Kotak Mahindra General Insurance Co. – are also under review as the...
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