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BPCL ties-up with nuclear institute in net zero push

by AIP Online Bureau | Dec 13, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

India’s draft National Hydrogen Mission mandates that refiners and fertiliser producers should meet half of their hydrogen needs through green hydrogen by 2030. The federal government has provided financial support for setting up electrolysers in India. NEW...

From heatwaves to floods, climate change worsened weather extremes in 2021

by AIP Online Bureau | Dec 13, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

Climate change is strengthening hurricanes, while also causing them to linger longer over land – dumping more rain on an area before moving on. Studies also suggest these storms are becoming more frequent in the North Atlantic. Extreme weather events in 2021 shattered...

First death with Omicron variant in United Kingdom

by AIP Online Bureau | Dec 13, 2021 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Workplace/Employee Benefits

The variant now accounted for around 40% of infections in the capital Britain gave no details on the death or whether the patient had been been vaccinated or had underlying health issues. Deaths from Omicron may have occurred in other countries but none has been...
Shriram Group to merge finacial biz, hive off insurance

Shriram Group to merge finacial biz, hive off insurance

by AIP Online Bureau | Dec 13, 2021 | Indian News, Life, Non-Life, Wealth Management/ Philanthropy

Shriram group will merge Shriram Capital Ltd and Shriram City Union Finance with Shriram Transport Finance Shriram Capital will demerge its financial services and insurance business and the rest of its business to be merged with Shriram Transport The new entity will...

AMFI pitches for pension oriented MF Scheme; tax parity with ULIPs

by AIP Online Bureau | Dec 13, 2021 | Eco/Invest/Demography, Indian News, Life, Policy, Wealth Management/ Philanthropy

Amfi has proposed ”to bring parity in tax treatment in respect of capital gains on withdrawal of investments in ULIPs of Life Insurance companies and redemption of Mutual Funds Units, so as to bring about level playing field between ULIPs and MF scheme”....

Freight cost hits highest due to Omicron, threatening export companies

by AIP Online Bureau | Dec 13, 2021 | Eco/Invest/Demography, International News

Due to the surge in freight rate, export companies are worried. This is because the year-end season is the biggest shopping season, including Christmas, but the profitability will inevitably deteriorate due to high fares even if they secure the freight spaces. It is...

Investors push world’s top chemicals companies over hazardous substances

by AIP Online Bureau | Dec 13, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The move by 23 investors including Aviva Investors and Storebrand comes as regulators toughen rules around their use and as analysts warn some companies could face billions of dollars in associated clean-up and compensation costs. In a letter to the world’s...

More than half a billion pushed into extreme poverty due to health costs:World Bank

by AIP Online Bureau | Dec 13, 2021 | Articles, Eco/Invest/Demography, Health, Non-Life, Pandemic, Policy, Workplace/Employee Benefits

In 2019, prior to the pandemic, 68 per cent of the world’s population was covered by essential health services, such as reproductive health services; immunization services; treatment for HIV, TB and malaria; and services to diagnose and treat noncommunicable diseases...
UK’s Johnson warns of Omicron ‘tidal wave’, says two doses not enough

UK’s Johnson warns of Omicron ‘tidal wave’, says two doses not enough

by AIP Online Bureau | Dec 13, 2021 | International News, Non-Life, Pandemic, Policy, Workplace/Employee Benefits

Boris Johnson,Prime Minister,UK Data released on Friday showed that vaccine efficacy against symptomatic infection was substantially reduced against Omicron with just two doses, but a third dose boosted protection up to over 70%.In order to hit the accelerated rollout...

More states report Omicorn cases, total no hit 38 in India

by AIP Online Bureau | Dec 12, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy

Omicron has been detected in Maharashtra (18), Rajasthan (9), Karnataka (3), Karnataka (3), Kerala (1) and Andhra Pradesh (1) and Union Territories of Delhi (2) and Chandigarh (1). Kerala, Andhra Pradesh and Chandigarh reported their first Omicron case on Sunday,...
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