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IRDAI asks SBI Life to take over business of defunct Sahara Life

IRDAI asks SBI Life to take over business of defunct Sahara Life

by AIP Online Bureau | Jun 2, 2023 | Indian News, Life, Regulation

SBI Life will have take over the policy liabilities of around two lakh policies of Sahara India Life Insurance (SILIC), backed by the policyholders’ assets, said the IRDAI, The policy data of SILIC reveals that the company’s portfolio is showing run-off trend. The...

Costs and benefits of climate transition in India very unevenly distributed: Study

by AIP Online Bureau | Jun 2, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts

The researchers assume there will be an extensive effort towards climate protection, including a complete coal phase-out, the massive expansion of power generation from solar and wind, a national carbon price of USD 40 per tonne for private households and companies,...

1.5C for the planet, 1C for people: Scientists issue new climate warning

by AIP Online Bureau | Jun 2, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The warning – issued this week in research published in the journal Nature – comes late, given that the Earth has already heated up by about 1.2C since preindustrial times. The World Meteorological Organization has said global average temperatures are more...

Gambia hires US law firm to consider action on toxic Indian cough syrup, minister says

by AIP Online Bureau | Jun 2, 2023 | Health, Indian News

At least 70 children in Gambia, most under 5 years old, died from acute kidney injury between June and October. Local doctors suspected cough syrups imported from India were the likely culprit, Reuters reported earlier this year, and tests by the World Health...
May auto sales on growth track riding on demand for SUVs

May auto sales on growth track riding on demand for SUVs

by AIP Online Bureau | Jun 2, 2023 | Eco/Invest/Demography, Indian News, Non-Life

Market leader Maruti Suzuki India (MSI) reported a 15 per cent rise in total domestic passenger vehicle sales at 1,43,708 units as compared with 1,24,474 units in the same month last year New Delhi: Automakers, led by Maruti Suzuki India, Hyundai, Mahindra &...
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