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Report casts doubt on net-zero emissions pledges by big global companies

by AIP Online Bureau | Jun 13, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Roughly half of the Forbes 2000 largest companies have yet to announce plans to reach net-zero — the point at which greenhouse gas emissions are negated by deep cuts in output as well as methods to absorb atmospheric carbon dioxide. Of the 702 companies with a...
Gadkari summons IRDA and CEOs of general insurance cos to take stock of Surety Bonds

Gadkari summons IRDA and CEOs of general insurance cos to take stock of Surety Bonds

by AIP Online Bureau | Jun 13, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance

Nitin Gadkari, union minister for Road Transport & Highways Though, the government and the IRDA have allowed the general insurers to launch Surety bonds since April 1, no insurers have been able to do it as there are lot of technical and legal gaps needs to be...
AirAsia India’s 2 planes operating on Delhi-Srinagar route face technical snags mid-air, return

AirAsia India’s 2 planes operating on Delhi-Srinagar route face technical snags mid-air, return

by AIP Online Bureau | Jun 12, 2022 | Indian News, Non-Life, Reinsurance

When asked about this incident, AirAsia India spokesperson said, ”AirAsia India confirms that flight i5-712 from Delhi to Srinagar had to return back to Delhi on account of a technical snag. The aircraft is being operated after rectification of the snag to...
From security to uncertainty: Post Covid, many elderly return to workforce

From security to uncertainty: Post Covid, many elderly return to workforce

by AIP Online Bureau | Jun 12, 2022 | Eco/Invest/Demography, Health, Indian News, Pandemic, Pension & Social Security

The reasons for seeking financial independence are varied as is the income bracket. It could be somebody whose son lost his job, another whose savings dwindled in the long months of lockdown or an elderly person who may have seen an earning child die of Covid and is...

Fire at hospital in Delhi’s Rohini, patient dies after losing oxygen support

by AIP Online Bureau | Jun 12, 2022 | Indian News, Risk Management

A case under Indian Penal Code (IPC) sections 285 (negligent conduct with respect to fire or combustible mat­ter), 287 (negligent conduct with respect to machinery), and 304A (causing death by negligence) is being registered in this regard at Vijay Vihar police...

IRDAI’s new norms to prompt insurers to launch innovative policies swiftly: Experts

by AIP Online Bureau | Jun 12, 2022 | Health, Indian News, Life, Non-Life, Regulation

The relaxed norms for launching insurance products, experts feel, will also make insurers more responsible as they would be held accountable for the products which are offered in the marketplace without prior approval of IRDAI Mumbai; IRDAI’s decision to permit...
SBI chief says loan demand is bouncing back

SBI chief says loan demand is bouncing back

by AIP Online Bureau | Jun 12, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

Dinesh Kumar Khara, chairman of State Bank of India Companies are steadily drawing down from a $71 billion loan pipeline, said Dinesh Kumar Khara, chairman of State Bank of India That broadly mirrors a trend where loan growth in India’s Rs 120 trillion ($1.5...
Gen Z, millennials and Gen X all basically agree on work from home

Gen Z, millennials and Gen X all basically agree on work from home

by AIP Online Bureau | Jun 11, 2022 | Eco/Invest/Demography, Facts, Technology, Workplace/Employee Benefits

A recent study by consultants McKinsey & Co. found that workers aged 18 to 34 were 59% more likely to leave than 55- to 64-year-olds if their employer didn’t offer a hybrid work arrangement During the early days of the pandemic, the narrative was that...
Ayushman Bharat scheme has given benefits of Rs 7,000 cr to needy: PM Modi

Ayushman Bharat scheme has given benefits of Rs 7,000 cr to needy: PM Modi

by AIP Online Bureau | Jun 11, 2022 | Eco/Invest/Demography, Health, Indian News

Prime Minister Narendra Modi To empower the poor, it was necessary to make health care accessible, he said adding: “We have been working with a holistic approach to improve the health sector for the last eight years. We have emphasised on good nutrition, clean...
Reducing the workweek to 32 hours

Reducing the workweek to 32 hours

by AIP Online Bureau | Jun 11, 2022 | Eco/Invest/Demography, Facts, Non-Life, Workplace/Employee Benefits

As chief executive officer of the nonprofit 4 Day Week Global, Joe O’Connor oversees six-month boot camps now helping 170 companies with 10,000 participating employees around the world to adopt more flexible work schedules He is capitalizing on a watershed moment in...
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