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India aims at developing tech driven regulatory framework for cryptocurrency during G20 presidency: Sitharaman

India aims at developing tech driven regulatory framework for cryptocurrency during G20 presidency: Sitharaman

by AIP Online Bureau | Oct 16, 2022 | Eco/Invest/Demography, Indian News, Regulation, Technology

Nirmala Sitharaman, Finance Minister  “This concern has been actually acknowledged by several members of the G20 saying yes money trail, yes money laundering, yes drug misuse, and so on. There is an understanding that we need to have some kind of regulation, and...

Most women are unaware of signs of aggressive breast cancer: Research

by AIP Online Bureau | Oct 15, 2022 | Eco/Invest/Demography, Facts, Health

“Women should be aware that severe breast alterations are not typical and that breast self-examinations are still crucial. According to Dr Ko Un Park, a surgical oncologist who oversees the OSUCCC – James’ Stefanie Spielman Comprehensive Breast...

NGT directs Karnataka government to pay Rs 2,900 cr for improper solid, liquid waste management

by AIP Online Bureau | Oct 15, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Regulation

Award of compensation had become necessary under Section 15 of the NGT Act to remedy the continuing damage to the environment and to comply with directions of the Supreme Court, the bench said. It is high time that the state realises its duty to the law and citizens...

Drones-manufacturer Garuda Aerospace signs MOU with NDRF

by AIP Online Bureau | Oct 15, 2022 | Disaster & Management, Indian News, Non-Life, Technology

Garuda Aerospace, in a statement here, said the company has become the first start-up to be enlisted as a ‘drone-as-a-service’ partner for the NDRF Chennai-based drone-maker would deploy the quadcopter named ‘Droni’ for surveillance, monitoring...

ICICI Prudential Life Insurance net profit declines 55 pc to Rs 199 cr in Jul-Sep

by AIP Online Bureau | Oct 15, 2022 | Indian News, Life

The value of new business (VNB), a key measure of profitability, posted strong growth of 25.1 per cent at Rs 1,092 crore in the first half of FY2023, the insurer said. ”On the back of this strong VNB growth and with a favourable premium base for the coming...

Climate finance by major multilateral banks rose 24 pc in 2021

by AIP Online Bureau | Oct 15, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

“In Asia and the Pacific, we are uniquely vulnerable. Whether it’s historic levels of flooding in Pakistan, devastating drought in the People’s Republic of China, or cyclones in the Pacific, our region knows full well the ever-present impact of...
AM Best downgrades Peak Re’s outlooks to negative from stable

AM Best downgrades Peak Re’s outlooks to negative from stable

by AIP Online Bureau | Oct 15, 2022 | International News, Non-Life, Reinsurance

The negative outlooks reflect AM Best’s expectation that macroeconomic headwinds and current unfavourable capital and investment market conditions may exacerbate financial stress on Fosun over the short to intermediate term HONG KONG: AM Best has revised the outlooks...

HDFC Life announces completion of Exide Life merger

by AIP Online Bureau | Oct 15, 2022 | Indian News, Life, Regulation

“We are delighted to have completed the entire transaction in a short span of time. This merger has been made possible due to the encouragement, timely approvals and support from our regulator – IRDAI and all other authorities involved in the process”...

New Covid-19 variant BQ.1 behind 1 in every 10 cases in US: CDC

by AIP Online Bureau | Oct 15, 2022 | Health, International News, Pandemic

Experts have cited the “sizable number of unique mutations” in variants like BQ.1 in speculating that it could evade immunity from prior infections or vaccination New York: New Covid strains are gaining ground across the world and in the US, new variant...
India ranks 107 on Global Hunger Index 2022, records highest child wasting rate

India ranks 107 on Global Hunger Index 2022, records highest child wasting rate

by AIP Online Bureau | Oct 15, 2022 | Eco/Invest/Demography, Indian News, Policy

Undernourishment prevalence rose in India from 14.6 percent in 2018-2020 to 16.3 percent in 2019-2021. This translates into 224.3 million people in India being undernourished out of the total 828 million people globally New Delhi: India ranked 107 out of 121 countries...
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