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Insured losses to onshore property for Hurricane Ian to range from $ 42 billion to $ 57 billion: Verisk

by AIP Online Bureau | Oct 3, 2022 | Eco/Invest/Demography, International News, Non-Life

Wind damage of USD 38 to 51 billion comprises the majority of the loss estimate Storm surge (excluding losses from the NFIP) account for USD 3 to 5.5 billion of the loss estimate, and inland flood less than USD 1 billion Boston: Verisk estimates that insured losses to...
Appointment on compassionate ground is a concession not a right: SC

Appointment on compassionate ground is a concession not a right: SC

by AIP Online Bureau | Oct 3, 2022 | Indian News, Policy

Article 14 of the Constitution deals with equality before law and Article 16 with equality of opportunity in matters of public employment. “However, appointment on compassionate ground offered to a dependent of a deceased employee is an exception to the said...

AP govt brings out new safety guidelines to check industrial accidents

by AIP Online Bureau | Oct 3, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy

There are 220 pharmaceutical units in the state, many with multiple exothermic reactors Explosion of these reactors due to runaway exothermic reactions has been identified as the root cause of fatal accidents Amaravati: In light of recent industrial accidents in the...

India:74% rural households receive water on 7 days, 8% once a week,Study

by AIP Online Bureau | Oct 3, 2022 | Data, Eco/Invest/Demography, Health

The national study conducted by the Jal Shakti ministry released on Sunday has revealed that about four per cent of households receive water for 5-6 days in a week and 14 per cent receive at least 3-4 days in a week New Delhi: Eight per cent of the rural households in...
Indian General Insurance Industry slips into a record loss of Rs 2,842 crore in FY2022

Indian General Insurance Industry slips into a record loss of Rs 2,842 crore in FY2022

by AIP Online Bureau | Oct 2, 2022 | Health, Indian News, Non-Life, Pandemic

The general insurance industry, saddled with the huge overall losses of three PSU general insurers, Oriental Insurance, National Insurance Company and United India Insurance, has slipped into net losses of Rs 2,842 crore in FY 2021-22 as against a net profitability...

FinMin to launch special campaign for financial inclusion from Oct 15

by AIP Online Bureau | Oct 2, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

”To further deepen Financial Inclusion (FI) framework, @DFS_India will organise a special campaign from 15th October 2022 to 26th November 2022, which will initially be rolled out at the Gram Panchayat (GP) level in following seven districts across India–...
Indian economy seen as sweet spot world over; inflation at manageable level: FM

Indian economy seen as sweet spot world over; inflation at manageable level: FM

by AIP Online Bureau | Oct 2, 2022 | Eco/Invest/Demography, Indian News, Policy

Finance Minister Nirmala Sitharaman ”The government is actively engaging with sovereign funds, big funds who can come to India and invest in India Finance Minister Nirmala Sitharaman on Saturday said inflation is at a manageable level and the Indian economy is...

FPIs turn net sellers again; withdraw Rs 7,600 cr from equities in Sep

by AIP Online Bureau | Oct 2, 2022 | Data, Eco/Invest/Demography

”Concerns over the aggressive rate hike by US Fed to control rising inflation, sharp depreciation in rupee, surge in US bond yields and fear of a global recession, fuelled pessimism among investors After infusing funds in the last two months, foreign investors...

1,600 doctors on duty lost their life in pandemic

by AIP Online Bureau | Oct 2, 2022 | Facts, Health, Workplace/Employee Benefits

”As per available data around 1,600 doctors lost their life in the line of their duty over the two years when the pandemic ravaged India. Despite this nobility in their profession, they have to commonly face the wrath of the public,” said Dr Anil Gurnani,...

Maha records 1,700 gg of PM10 emission each year; windblown road dust largest contributor: Study

by AIP Online Bureau | Oct 2, 2022 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Health

The study also revealed that industries and thermal power plants were also one of the major contributors to PM10 emission in the state. Open burning of municipal solid waste has created a new challenge, which readily releases several types of air pollutants into the...
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