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Govt ropes in Deloitte for evaluating new 9 EDs of PSU gen insurance industry

by AIP Online Bureau | Jan 23, 2024 | Indian News, Non-Life, Policy, Wealth Management/ Philanthropy

At the end of the programme, Deloitte will give some grades to each of the officials which will be taken into account for the selection executive directors by the FSIB at the time of final interview New Delhi: The government, for the first time, has roped in...

Govts owe $88 trillion in debt, equivalent almost to the world’s annual economic output

by AIP Online Bureau | Jan 14, 2024 | Data, Eco/Invest/Demography

Even in the absence of a new crisis, soaring debt servicing costs will constrain efforts to tackle climate change and care for aging populations. Public services in many countries are already strained after successive budget cuts London: World leaders are flocking to...
Govt grants one-time exemption to LIC to achieve 25 pc MPS in 10 yrs

Govt grants one-time exemption to LIC to achieve 25 pc MPS in 10 yrs

by AIP Online Bureau | Dec 22, 2023 | Eco/Invest/Demography, Indian News, Life, Policy, Wealth Management/ Philanthropy

LIC stock jumped over 7 per cent to reach its 52-week high in morning trade on Friday after getting a one-time exemption to achieve 25 per cent Minimum Public Shareholding (MPS) within 10 years. The stock climbed 7.25 per cent to reach its 52-week high of Rs 820.05 on...

India’s emission intensity reduced by 33 per cent between 2005 and 2019: Govt report

by AIP Online Bureau | Dec 3, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Policy

Environment Minister Bhupender Yadav said that India reduced its GDP emission intensity by 33 per cent between 2005 and 2019, achieving the target 11 years in advance. India created an additional carbon sink of 1.97 billion tonnes of CO2 equivalent during this period...

Govt has no plans to table `The Insurance Bill, 2023 during Winter Session of Parliament

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

“By all means, the fate of the  `The Insurance Bill, 2023’ is now sealed and it depends upon the next government, which will be in place by June 2024, to take a call on this legislative document,’’ said government sources   New Delhi: Any hope of...
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