by AIP Online Bureau | Sep 30, 2024 | Eco/Invest/Demography, Indian News, Risk Management
India badly needed good rainfall in 2024 after its driest year in five years in 2023, which depleted reservoir levels and trimmed production of some crops. This forced New Delhi to impose curbs on exports of rice, sugar and onions MUMBAI: India’s monsoon...
by AIP Online Bureau | Sep 17, 2024 | Eco/Invest/Demography, Facts
Previous estimates have suggested that about 300 cubic kilometres of groundwater have been lost between 2002 and 2022 as a result of the cropping trends in north India, where 80 per cent of the cultivated area is sown with rice Current cropping patterns —...
by AIP Online Bureau | Aug 24, 2024 | Indian News, Non-Life, Reinsurance, Technology
Shivraj Singh Chouhan ,Union Agriculture Minister On August 22, the Department of Agriculture and Farmers Welfare held a meeting of the National Technical Advisory Committee (TAC). The committee rejected the insurance company’s objections to crop-cutting...
by AIP Online Bureau | Jun 19, 2024 | Indian News, Non-Life, Reinsurance
`For FY 25, the company is targeting to grow its premium income in a single digit of around 5 per cent to 8 per cent. With continued efforts on claim management initiatives, the company is confident of maintaining the healthy claims ratio and confident of making the...
by AIP Online Bureau | May 31, 2024 | Eco/Invest/Demography, Indian News, Policy
Nearly half of India’s farmland, without irrigation, depends on the annual June-September rains. Regular rains during the monsoon season will also bring relief from the searing heat wave that has seen maximum temperatures cross 50 degrees Celsius (122°F) in some...