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Adani’s ascent boosts India’s clout in emerging-market equities

Adani’s ascent boosts India’s clout in emerging-market equities

by AIP Online Bureau | Sep 19, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Gautam Adani Eight firms controlled by Adani’s ports-to-power conglomerate, including recent cement acquisitions, have contributed more than a fifth of the 109-member MSCI India Index’s surge since end-June, data compiled by Bloomberg show. The index has outpaced...

Punjab considering restoration of old pension scheme, says CM Bhagwant Mann

by AIP Online Bureau | Sep 19, 2022 | Indian News, Pension & Social Security, Policy, Workplace/Employee Benefits

“My government is considering reverting to the Old Pension System (OPS). I have asked my chief secretary to study the feasibility and modalities of its implementation. We stand committed to the welfare of our employees,” Punjab Chief Minister Bhagwant Mann...

Singapore central bank, India’s IFSCA to pursue cross-border FinTech innovations

by AIP Online Bureau | Sep 19, 2022 | Eco/Invest/Demography, Indian News, Technology

The agreement is expected to leverage existing regulatory sandboxes in their respective jurisdictions to support experimentation of technology innovations. It will include referral of companies to each other’s regulatory sandboxes and enable innovative...

Closing gender pay gaps is more important than ever

by AIP Online Bureau | Sep 18, 2022 | Eco/Invest/Demography, Facts, Workplace/Employee Benefits

On average, women globally are paid about 20 per cent less than men, the International Labour (ILO) Organization said on Saturday, International Equal Pay Day. While individual characteristics such as education, working time, occupational segregation, skills, or...

Air Canada purchases 30 electric-hybrid planes to combat climate change effects

by AIP Online Bureau | Sep 18, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts, Technology

The revolutionary regional aircraft, expected to enter service in 2028, will generate zero emissions flying on battery power and yield significant operational savings and benefits. Ottawa: Air Canada announced a purchase agreement for 30 ES-30 electric-hybrid aircraft...

DPIIT working on law to decriminalise different provisions related to minor offences

by AIP Online Bureau | Sep 18, 2022 | Eco/Invest/Demography, Indian News, Policy

“We are making an Act. We are bringing one bill and that one bill seeks to decriminalise all the minor offences mentioned in different Acts. We are having consultations with all the departments on the bill. We will bring a common Act for decriminalisation. Basically...

IRDAI looks for M&A consultants, Insurance industry to see M&A deals and new entrants

by AIP Online Bureau | Sep 18, 2022 | Indian News, Life, Non-Life, Policy, Regulation

”The sector, like others, has witnessed some merger and acquisitions in the past and will continue to witness them and newer opportunities will emerge in the future. Players with sound underwriting practices, strong financials and right management practices will...

Super typhoon Nanmadol bears down on Japan’s Kyushu island

by AIP Online Bureau | Sep 18, 2022 | Disaster & Management, International News, Non-Life, Reinsurance

Railway operators and airlines have cancelled services and convenience store chain Seven-Eleven Japan temporarily shut around 950 stores. Toyota Motor Corp said it will idle production at three factories on Monday Typhoon Nanmadol bore down on Japan’s...

Climate change, salinity and menstrual health problems: Sundarbans women battle triple whammy

by AIP Online Bureau | Sep 18, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

“With agriculture becoming unviable due to the increase in salinity of the water because of sea level rise, more and more women are becoming dependent on fishing. This means their exposure to saline water is also increasing,” said Nihar Ranjan Raptan,...
AM Best affirms credit ratings of New India Assurance

AM Best affirms credit ratings of New India Assurance

by AIP Online Bureau | Sep 18, 2022 | Indian News, Non-Life, Reinsurance

AM Best views New India’s business profile as favourable given its market-leading position as the largest non-life insurer in India by gross premium written overall, as well as in major business lines, including health, marine, and fire The company’s underwriting...
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