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Govt asks state-run banks,insurance firms to cut costs, shift to EVs

Govt asks state-run banks,insurance firms to cut costs, shift to EVs

by AIP Online Bureau | May 18, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

Under ⁠the new measures, all meetings, reviews and consultations must be ​conducted via video conferencing unless physical presence is deemed essential, the ​order issued by the Department of Financial Services said. NEW DELHI: India’s finance ministry directed...
JSW MG Motor India announces an industry-first extended assured buy back program for its EVs

JSW MG Motor India announces an industry-first extended assured buy back program for its EVs

by AIP Online Bureau | Dec 29, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life

“With our industry-first MG Value Promise Program (Assured Buyback), facilitated by Lockton India Insurance Broking and Advisory in partnership with Zuno General Insurance, we now offer an assured resale value where a customer has option to choose the tenure from 3 to...

Burning cargo ship carrying 3,000 vehicles abandoned off Alaska

by AIP Online Bureau | Jun 4, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

Smoke was initially seen rising from a deck loaded with EVs, the company said. It is not clear what brand of vehicles the ship was carrying. EV-related fires on ships are challenging to extinguish due to the heat generated and risk of reignition, which could persist...
Automotive to sustainable mobility EVs and beyond Auto industry’s journey for 2025

Automotive to sustainable mobility EVs and beyond Auto industry’s journey for 2025

by AIP Online Bureau | Dec 24, 2024 | Eco/Invest/Demography, Features, Non-Life, Technology

SIAM Director General Rajesh Menon said the passenger vehicle segment continued its steady performance led by sustained demand for SUV segments and good adoption of new energy vehicles, such as electrics, hybrids and gaseous fuel vehicles New Delhi: Traversing from...

Combination of EVs, hybrids, plug-in-hybrids will drive India’s clean energy auto sector: Report

by AIP Online Bureau | Sep 15, 2024 | Data, Eco/Invest/Demography, Non-Life, Technology

As per the report, the Indian EV market has seen tremendous growth. Global EV sales reached 14 million in 2023, with India experiencing a 90 per cent growth rate. By 2030, the Indian government aims for 30 per cent EV penetration, with key enablers like expanded...
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