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Heavy rains lash Kerala, water levels rise in various dams, several roads submerged

by AIP Online Bureau | Nov 14, 2021 | Workplace/Employee Benefits

The weather department said the situation is expected to continue, especially in the southern parts of the state, for the next two days. The Idukki district administration said that according to the Tamil Nadu government, the water level in the Mullaperiyar dam...

FPIs remain net sellers in Nov at Rs 949 cr

by AIP Online Bureau | Nov 14, 2021 | Eco/Invest/Demography, Indian News, Policy

”It appears that FPIs are exiting on valuation concerns. The important point to note is that the old scenario where FPIs representing smart money dictated market trends is over for the present…We are in a period of uncertainty,” said VK Vijayakumar, Chief...

What’s in the Glasgow Climate Pact? Five majors outcomes

by AIP Online Bureau | Nov 14, 2021 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography

Nearly 200 nations agreed to adopt the Glasgow Climate Pact on Saturday after more than two weeks of intense negotiations, with the UK host of the talks saying the deal would keep alive international hopes of averting the worst impacts of global warming. Failure to...
UN chief says outcome of COP26 ‘not enough’

UN chief says outcome of COP26 ‘not enough’

by AIP Online Bureau | Nov 14, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

UN Secretary-General Antonio Guterres UN Secretary-General Antonio Guterres said COP26 created some building blocks for progress: commitments to end deforestation, to drastically reduce methane emissions, to mobilize private finance around net-zero emissions.And the...

PM chairs meet on cryptocurrency; concerns raised over money laundering, terror financing risks

by AIP Online Bureau | Nov 14, 2021 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology

”The government is cognizant of the fact that this is an evolving technology, it will keep a close watch and take proactive steps. There was consensus also that the steps taken in this field by the government will be progressive and forward-looking,” a...

Insurance products emerge as preferred financial tools to meet future goals: Survey

by AIP Online Bureau | Nov 14, 2021 | Facts, Life

”Saving for their children’s future and milestones emerged as the top priority for parents at 64 per cent, along with saving for medical emergencies at 65 per cent. This was followed by long-term wealth creation for the family at 54 per cent and building a...

Govt to soon clear list of independent directors for PSBS and insurance companies

by AIP Online Bureau | Nov 14, 2021 | Banking & Bancassurance, Indian News, Life, Non-Life, Policy

Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi makes all high-level appointments, including that of independent directors As per the Companies Act 2013, every listed public company shall have at least one-third of the total number of...

Globally institutional investors placing greater emphasis on companies’ ESG performance: Survey

by AIP Online Bureau | Nov 14, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts

”It’s clear that the COVID-19 pandemic has spurred investors to place more emphasis on ESG performance. There are positive signs that this is starting to translate into action, although both companies and investors need to take bolder steps to put ESG...
Nations reach climate agreement, accept India’s stand on “phasing down” coal use

Nations reach climate agreement, accept India’s stand on “phasing down” coal use

by AIP Online Bureau | Nov 14, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Ahead of the Glasgow talks, the United Nations had set three criteria for success, and none of them were achieved. The U.N.’s criteria included pledges to cut carbon dioxide emissions in half by 2030, $100 billion in financial aid from rich nations to poor, and...

Indian Banks Issue 31.67 Cr RuPay Debit Cards To PMJDY Account Holders

by AIP Online Bureau | Nov 14, 2021 | Data, Eco/Invest/Demography, Policy

In 2018, the government launched PMJDY 2.0 with enhanced features and benefits. Under the new version, the government decided to shift focus from ‘Every Household’ to ‘Every Unbanked Adult’ and free accidental insurance cover on RuPay cards was doubled to Rs 2 lakh...
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