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India’s key monsoon rains arrive early, promising respite from heat, boost crop and rural demand

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...
With Rs 1,09 trillion prm, Health retains its No 1 position in Indian general insurance industry in FY24

With Rs 1,09 trillion prm, Health retains its No 1 position in Indian general insurance industry in FY24

by AIP Online Bureau | Apr 18, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Crop insurance has seen a dip in the premium by 4 per cent to Rs 30.715 crore in Fy 24. Mumbai:With a total premium of Rs 1,09,006 crore, showing a growth of 20 per cent, Health Insurance continues to be no 1 portfolio in Rs 2.89 trillion Indian general insurance...

India’s water usage for per tonne crop production 2-3 times more than developed nations: Niti Aayog’s Ramesh Chand

by AIP Online Bureau | Mar 23, 2024 | Data, Eco/Invest/Demography, Policy

“In collaboration with Jal Shakti ministry, we are exploring ways to maximize usage of surface water. For example, if water of a canal is presently irrigating 100 hectare of agricultural land, how can we take it to 150 hectare using various means but same amount...
IRDAI again bans Malaysian broker Confinance from Indian market for 2 yrs in Tata AIG’s Rs 300 cr fraudulent crop deal

IRDAI again bans Malaysian broker Confinance from Indian market for 2 yrs in Tata AIG’s Rs 300 cr fraudulent crop deal

by AIP Online Bureau | Feb 26, 2024 | Indian News, Non-Life, Regulation, Reinsurance

The action of Malaysian re/insurance broker Confinance in reinsurance transaction caused inconvenience to TATA-AIG in India which could have potential loss to the insurer and to policyholders. It is considered view that the action of Confinance is deliberate and...
Stop crop residue burning forthwith, can’t let people die due to pollution: SC

Stop crop residue burning forthwith, can’t let people die due to pollution: SC

by AIP Online Bureau | Nov 7, 2023 | Eco/Invest/Demography, Health, Indian News, Policy

While hearing a matter pertaining to the debilitating air pollution in the Delhi-National Capital Region (NCR), the bench flagged issues like crop residue burning, vehicular pollution and burning of waste in the open were the major contributors to pollution during...
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