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India faces high power cut risks after years of coal, hydropower neglect

by AIP Online Bureau | Mar 9, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

While Indians looking to beat the heat this summer will want steady power for their air-conditioners, night time outage risks threaten industries that operate around the clock, including auto, electronics, steel bar and fertiliser manufacturing plants “If there...
India must align with leading global markets in freedom in pricing, coverage, limits and deductibles: RIMS/NIA study

India must align with leading global markets in freedom in pricing, coverage, limits and deductibles: RIMS/NIA study

by AIP Online Bureau | Mar 6, 2023 | Articles, Non-Life, Reinsurance, Risk Management

The report provides global benchmarks on proven insurance practices, and discusses critical aspects like customer experiences, seamless claim settlements, and adoption of new technologies. The time is ripe for introducing changes in the insurance industry that will...

India’s per capita income doubles since 2014-15

by AIP Online Bureau | Mar 5, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

As per the National Statistical Office (NSO), the annual per capita (net national income) at current prices is estimated at Rs 1,72,000 in 2022-23, up from Rs 86,647 in 2014-15, suggesting an increase of about 99 per cent In real terms (constant prices), the per...

World Bank commits $1 bn to India for public healthcare infra

by AIP Online Bureau | Mar 3, 2023 | Eco/Invest/Demography, Health, Indian News

Through this combined financing of USD 1 billion (about Rs 8,200 crore), the bank will support India’s flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM), launched in October 2021, to improve the public healthcare infrastructure across...

Childhood obesity in India likely to rise 9.1% annually by 2035: Report

by AIP Online Bureau | Mar 3, 2023 | Eco/Invest/Demography, Facts, Health

The reasons for increased obesity prevalence include rising trends in dietary preferences towards more highly processed foods, greater levels of sedentary behaviour, weaker policies to control the food supply and food marketing, and less well resourced healthcare...
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