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One lakh excess premature deaths linked to air pollution in 8 Indian cities: Study

One lakh excess premature deaths linked to air pollution in 8 Indian cities: Study

by AIP Online Bureau | Apr 11, 2022 | Eco/Invest/Demography, Facts, Health

The study, published last week in the journal Science Advances, shows rapid degradation in air quality and increases in urban exposure to air pollutants which are hazardous to health. Dhaka, Bangladesh, saw a total of 24,000 excess premature deaths, while the Indian...

Covid and climate change push many older women into prostitution in Sundarbans

by AIP Online Bureau | Apr 11, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts, Health

Agriculture has become unviable due to the increase in salinity of the water because of sea level rise. As a result, there is abject poverty and people, particularly women, are desperate to look for livelihood as they are often the breadwinners. New Delhi: In the...
Willis India receives IRDAI nod for full ownership, appoints Vivek Nath as head of India ops

Willis India receives IRDAI nod for full ownership, appoints Vivek Nath as head of India ops

by AIP Online Bureau | Apr 11, 2022 | Indian News, Intermediaries, Non-Life, Reinsurance

Vivek Nath, CEO, WTW India SINGAPORE: WTW (Willis Towers Watson), the third largest global re/insurance broker, today has received approval from the Insurance Regulatory and Development Authority of India (IRDAI) and has closed the transaction on the acquisition of...
Govt finalises Rs 5k capital infusion plans into 3 PSU gen insurers, National Insurance to receive Rs 3,700 cr

Govt finalises Rs 5k capital infusion plans into 3 PSU gen insurers, National Insurance to receive Rs 3,700 cr

by AIP Online Bureau | Apr 10, 2022 | Indian News, Non-Life, Policy

Delhi based Oriental Insurance Company has been given Rs 1200 crore while United India Insurance(UII) has been allocated just Rs 100 crore A notification will soon be issued by the Finance Ministry for hiking the authorised capital these three general insurers Before...

Equity MFs record Rs 1.64-trn net inflow in FY22 on strong SIP mop-up

by AIP Online Bureau | Apr 10, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Going ahead, we expect the growing inflow trends in equity mutual funds to sustain given the current economic condition and markets, Manish Kothari- CEO and Co-Founder, ZFunds, said New Delhi: Strong SIP book and lower returns from traditional investments made equity...

For 3rd quarter in row, startup funding crosses $10 bn in Q1, creates 14 unicorns

by AIP Online Bureau | Apr 10, 2022 | Data, Eco/Invest/Demography, Technology

Creation of 14 more unicorns takes the overall tally of startups with over USD 1 billion valuation in the country to 84 now, according to a PwC India report Amit Nawka, the startups leader at the consultancy, told PTI that despite uncertainties in the global economic...

FAQ on taxation of crypto, virtual digital assets in works

by AIP Online Bureau | Apr 10, 2022 | Eco/Invest/Demography, Facts, Wealth Management/ Philanthropy

The 2022-23 Budget has brought in clarity with regard to levy of income tax on crypto assets. From April 1, a 30 per cent income tax plus cess and surcharges will be levied on such transactions in the same manner as the tax law treats winnings from horse races or...

FPIs turn net buyers in April so far; invest Rs 7,707 cr in equities

by AIP Online Bureau | Apr 10, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Himanshu Srivastava, Associate Director – Manager Research, Morningstar India, said the inflow indicates that maybe foreign investors are almost done with the recalibration exercise of their portfolios owing to the current scenario. Also, the recent correction...

India-Gold imports surge to USD 46.14 bn in 2021-22

by AIP Online Bureau | Apr 10, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

India is the world’s second-biggest gold consumer after China. The imports are largely driven by the jewellery industry. The gems and jewellery exports during 2021-22 grew by about 50 per cent to about USD 39 billion India’s gold imports, which have a...

Private COVID vaccination centres can only up to Rs 150 as service charge on precaution dose

by AIP Online Bureau | Apr 10, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic, Policy

Serum Institute of India has cut the price of its Covishield COVID-19 vaccine as the country plans to offer booster doses to all adults from Sunday. The price will drop to 225 rupees ($2.96) a dose from 600 rupees for private hospitals, the chief executive of SII said...
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