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India’s gold demand skyrockets to 797.3 tons in 2021: WGC

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

Going forward, WGC Regional CEO, India, Somasundaram PR said, this year COVID-19 and its future variants will remain a factor to watch as will price movements in gold, given global concerns on inflation, interest rate and geo-political developments New Delhi:...

U.S. judge annuls Gulf of Mexico oil auction over climate impact

by AIP Online Bureau | Jan 28, 2022 | Climate, Environment, Renewable Energy, International News, Policy

Thursday’s decision came after the environmental group Earthjustice challenged the sale on behalf of four other green groups, arguing U.S. President Joe Biden’s Interior Department was relying on a years-old environmental analysis that did not accurately...
India seeks regulatory fast track for LIC as it gears up for the country’s largest IPO

India seeks regulatory fast track for LIC as it gears up for the country’s largest IPO

by AIP Online Bureau | Jan 28, 2022 | Indian News, Life, Regulation, Wealth Management/ Philanthropy

The Securities and Exchange Board of India (SEBI) has been urged to complete its vetting process in less than three weeks instead of the 75 days it usually requires,sources said NEW DELHI: The Indian government has asked regulators for a swift review of Life Insurance...

Covid positivity rate still above 10% in 407 districts, Centre extends curbs till Feb 28

by AIP Online Bureau | Jan 27, 2022 | Eco/Invest/Demography, Health, Indian News, Pandemic, Policy

The home secretary emphasised that there should be continued focus on the five-fold strategy of test, track, treat and vaccination, and adherence to Covid- appropriate behaviour New Delhi: The Union Home Ministry on Thursday extended the existing COVID-19 containment...

Nearly 30,000 Bitcoin millionaires wiped in last 3 months

by AIP Online Bureau | Jan 27, 2022 | International News, Technology, Wealth Management/ Philanthropy

“A combination of factors such as regulatory scrutiny, turbulent markets, geopolitical unrest, and Covid combined with having an adverse effect on the asset’s performance. However, despite the volatile start to the year, a number of analysts continue to...
Govt eyes LIC listing on stock exchanges by March end: DIPAM Secy

Govt eyes LIC listing on stock exchanges by March end: DIPAM Secy

by AIP Online Bureau | Jan 27, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy

“LIC disinvestment amount will be included in this year’s (Budget) because we aim to list it before March 31,” Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey told PTI New Delhi: The government will list the...

Early signs of Covid cases plateauing reported but need to be observed, says govt

by AIP Online Bureau | Jan 27, 2022 | Eco/Invest/Demography, Health, Indian News, Pandemic

Addressing a press conference here, Lav Agarwal, the joint secretary in the Health Ministry, said, “Early indication of a plateau in cases are being reported in certain geographies. The trend needs to be observed and required precautions need to be...

Today only 18% of insurers are able to optimize data use for competitive advantage: Capgemini

by AIP Online Bureau | Jan 27, 2022 | Articles, Eco/Invest/Demography, Health, Life, Non-Life, Reinsurance, Technology

Insurers with non-traditional, real-time data sources such as telematics, wearables and social media data will be able to meet rising customer expectations of convenience, customized advice, and dynamic pricing, and compete with InsurTech companies that are able to...

Regular market approval granted for Covishield, Covaxin for use in adult population

by AIP Online Bureau | Jan 27, 2022 | Health, Indian News, Pandemic, Policy

Under the conditions, the firms shall submit data of ongoing clinical trials and the vaccines to be supplied for programmatic setting. Adverse event following immunisation will continue to be monitored New Delhi:India’s drug regulator on Thursday granted regular...

U.S. crop insurance payouts rise sharply as climate change worsens droughts, floods

by AIP Online Bureau | Jan 27, 2022 | International News, Non-Life, Reinsurance

Insurance payments to farmers due to drought rose more than 400% between 1995 and 2020 to $1.65 billion, while payments due to excess moisture – like floods – rose nearly 300% to $2.61 billion, according to the nonprofit environmental group, which examined...
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