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ADB partners with global Insurers to mobilize $1 billion in lending capacity to financial institutions

by AIP Online Bureau | Aug 29, 2022 | Banking & Bancassurance, Eco/Invest/Demography, International News

ADB has signed an initial 3-year partnership with Tokio Marine Group , AXA XL, Chubb, Liberty Specialty Markets, and Allianz Trade MANILA: The Asian Development Bank (ADB) has signed an agreement with five leading global insurers which will mobilize up to $1 billion...

ADB approves a $200 million loan to help mitigate ecological & environmental risks in China’s Mulan River

by AIP Online Bureau | Aug 29, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The project aims to strengthen institutional capacity for environmental management. It will support county-level integrated environment management and climate change adaptation action plans and associated capacity building and public awareness raising. It will also...

Equity investors’ wealth falls by Rs 2.39 lakh cr as markets sink

by AIP Online Bureau | Aug 29, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

”Indian market kicked off the new week with a deep cut followed by a sharp sell-off in global markets on the back of hawkish commentary by the US Fed chairman Jerome Powell,” Santosh Meena, Head of Research, Swastika Investmart Ltd, said. Foreign...

RBI mulls setting up of fraud registry to check banking frauds

by AIP Online Bureau | Aug 29, 2022 | Banking & Bancassurance, Indian News, Regulation

Such a database will help prevent these fraudsters from repeating the fraud as the websites or phone numbers would be blacklisted, RBI executive director Anil Kumar Sharma said on Monday New Delhi: As part of its efforts to strengthen customer protection, Reserve Bank...

North American companies send in the robots, even as productivity slumps

by AIP Online Bureau | Aug 29, 2022 | Eco/Invest/Demography, Facts, Technology

The incentives for companies to pursue a robot-enhanced workforce are obvious in the current tight labor market. With nearly two open jobs for every unemployed worker, employers are bidding up wages: Total U.S. labor costs – covering wages and benefits –...

Reliance Capital bid deadline ends today amid investors concern over Reliance General

by AIP Online Bureau | Aug 29, 2022 | Indian News, Life, Non-Life, Regulation

IDBI Trusteeship Services Limited acting in its capacity as a debenture trustee on behalf of Credit Suisse, had invoked the pledge of Reliance Capital’s 100 per cent shareholding in Reliance General in November 2019 and transferred the shares to its account. The...

India’s state-funded helmet promises ‘fresh air’ in battle on winter smog

by AIP Online Bureau | Aug 29, 2022 | Climate, Environment, Renewable Energy, Facts

Helmet is designed with an air purification unit, fitted with a replaceable filter membrane and a fan powered by a battery that runs six hours and can be charged through a microUSB slot. NEW DELHI: As India’s capital of New Delhi prepares for winter – and...

Lifestyle choices, lack of proper sleep, food and exercise causing rise in heart attacks: Experts

by AIP Online Bureau | Aug 29, 2022 | Eco/Invest/Demography, Facts, Health

“Smoking is the most important among other risk factors like diabetes, high blood pressure, and cholesterol. Lifestyle choices, lack of sleep, nutritious food and exercise, and increased stress levels are probably responsible for heart attacks in young...
Financial inclusion major step towards inclusive growth: FM

Financial inclusion major step towards inclusive growth: FM

by AIP Online Bureau | Aug 28, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life

Nirmala Sitharaman,Finance Minister The success of the Pradhan Mantri Jan Dhan Yojana (PMJDY) since August 28, 2014 is reflected in terms of opening of over 46 crore bank accounts with deposit balance of Rs 1.74 lakh crore with its expanded coverage to 67 per cent...

FPIs invest Rs 49,250 crore in August on strong corporate earnings

by AIP Online Bureau | Aug 28, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

FPIs had turned net buyers for the first time in July, after nine straight months of massive net outflows, which started in October last year. Between October 2021 and June 2022, they sold a massive Rs 2.46 lakh crore in the India equity markets. Himanshu Srivastava,...
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