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Higher losses during disasters due to abysmally low insurance cover of 8%: SBI Report

by AIP Online Bureau | Jul 17, 2023 | Data, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

The losses due to the ongoing floods in the north is the range of Rs 10,000-15,000 crore as the calamity has severely hit Himachal Pradesh, Uttarakhand, Punjab, Uttar Pradesh, Rajasthan, J&K and Delhi. Himachal alone would have lost Rs 3,000-4,000 crore by way of...
Luxury car market in India poised for record sales in 2023 after stellar H1 numbers

Luxury car market in India poised for record sales in 2023 after stellar H1 numbers

by AIP Online Bureau | Jul 17, 2023 | Data, Eco/Invest/Demography, Non-Life

BMW Group India President Vikram Pawah said, ”In the second half also we will break records… It will be even better (than H1) with supplies becoming normal. We’ll be having a record year if all things remain constant in the economy. The demand seems...

13.5 cr Indians move out of multidimensional poverty in 5 years: Niti Aayog report

by AIP Online Bureau | Jul 17, 2023 | Data, Eco/Invest/Demography

The report said rural areas witnessed the fastest decline in poverty from 32.59 per cent to 19.28 per cent, while the urban areas saw a reduction in poverty from 8.65 per cent to 5.27 per cent. Providing multidimensional poverty estimates for the 36 states and Union...

India to consider new drugs bill to regulate imports, manufacturing

by AIP Online Bureau | Jul 14, 2023 | Health, Indian News, Policy, Regulation, Risk Management

India’s $41 billion pharmaceutical industry is one the largest in the world and has for years helped provide cheaper alternatives to Western products, especially to poor and developing nations. But the recent cough syrup-related deaths and at least one other...

New app can help identify autistic children in India: Study

by AIP Online Bureau | Jul 14, 2023 | Facts, Health, Technology

Through a series of simple games, questions, images and activities on a tablet computer — such as popping bubbles and looking at patterns and images — the app measured the social preference, sensory interests and motor skills of the children. The app was 86 per cent...
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