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Sensex slumps 782 points reversing four-days of rally

by AIP Online Bureau | Jan 6, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Heavy selling pressure was witnessed in IT and banking stocks. Infosys, Tech Mahindra and HCL Technologies slumped more than 2 per cent. HDFC and HDFC Bank both tumbled nearly 2 per cent Mumbai: Reversing four-days of winning streak, the Indian equities markets key...

Omicron spreads in India’s big cities but hospitalisations still low

by AIP Online Bureau | Jan 6, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Reinsurance

Nearly 90% of new patients had shown no symptoms and only 8% were hospitalized, city officials said in a daily health bulletin. COVID-19 cases nearly doubled in a day in Delhi to 10,665 on Wednesday, but the state said only 7% of its COVID beds were occupied New...

Lloyd’s creates ‘Product Launchpad’ to replace the ‘Product Innovation Facility’

by AIP Online Bureau | Jan 6, 2022 | International News, Non-Life, Reinsurance, Risk Management

The rebrand has been supported by the twenty-five members of the initiative from the Lloyd’s market. With a capacity of £150m, several success stories have emerged, for example: a parametric business interruption product for cloud outages, launched by Parametrix in...
MF disclaimers should flow at same speed as rest of ad: Goyal

MF disclaimers should flow at same speed as rest of ad: Goyal

by AIP Online Bureau | Jan 6, 2022 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology, Wealth Management/ Philanthropy

Piyush Goyal,Minister of Commerce and Industry and Minister of Consumer Affairs Union Minister Piyush Goyal said financial products have to pass through the prism of trust, transparency and accountability, and asked stock exchanges to be cognizant of the same to...

Make history and eliminate cervical cancer for ever, urges WHO chief

by AIP Online Bureau | Jan 6, 2022 | Facts, Health, Workplace/Employee Benefits

Cervical cancer is also the second most common cancer type for women, with the highest incidence and mortality rates, generally impacting low Human Development Index countries Nearly 90 per cent of 2018 deaths occurred in low and middle-income countries, where the...

India logs 90,928 new COVID-19 cases, positivity rate stands at 6.43 pc

by AIP Online Bureau | Jan 6, 2022 | Eco/Invest/Demography, Health, Indian News, Pandemic

The country has reported 2,630 cases of Omicron variant of COVID-19 so far, according to the Ministry of Health and Family Welfare As many as 325 patients lost their lives taking the death toll in the country to 482876. With this, the active caseload in the country...

India reports 1st Omicron death; “Exponential rise” in COVID cases, R naught value higher than 2nd wave peak: Centre

by AIP Online Bureau | Jan 5, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

Maharashtra, West Bengal, Delhi, Kerala, Tamil Nadu, Karnataka, Jharkhand and Gujarat are emerging as the states of concern ”We are now facing an exponential rise in (the number of) COVID-19 cases and we believe that largely, it is being driven by Omicron,...

Focussed road map, timely govt interventions necessary to achieve net zero target by 2070: ICRA

by AIP Online Bureau | Jan 5, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

ICRA Head (Research and Outreach) Rohit Ahuja noted that ambitious targets for COP26 open massive investment opportunities across segments stemming from 500 GW renewables by 2030, higher EV penetration (10 per cent by 2025), and 20 per cent ethanol blending for petrol...

Businesses strengthening support for enforced standards on environmental reporting: Survey

by AIP Online Bureau | Jan 5, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

Finance leaders said the foremost barrier to producing useful ESG disclosures is ”getting clarity from investors on what they want from ESG reporting”. New Delhi: A significant percentage of finance leaders in India witnessed a transition from traditional...

Investor wealth jumps over Rs 9.30 lakh cr in four days of market rally

by AIP Online Bureau | Jan 5, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

”Markets have witnessed an excellent start of the calendar year however we may see a breather now…” said Ajit Mishra, VP – Research, Religare Broking Ltd. Mumbai: Investors have become richer by over Rs 9.30 lakh crore in four days of market rally,...
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