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More than 4 billion people still lack any social protection, ILO report

by AIP Online Bureau | Sep 1, 2021 | Eco/Invest/Demography, International News, Pension & Social Security

  GENEVA : Despite the unprecedented worldwide expansion of social protection during the COVID-19 crisis, more than 4 billion people around the world remain entirely unprotected, a new International Labour Organization (ILO) report says. Currently, only 47 per...

DGCI gives nod for phase 2/3 trials of Biological E’s Covid vaccine on those aged between 5 & 18

by AIP Online Bureau | Sep 1, 2021 | Health, Indian News, Non-Life, Pandemic

New Delhi: The Drugs Controller General of India (DCGI) on Wednesday granted permission to Hyderabad-based Biological E Limited to conduct phase 2/3 clinical trials of its 'Made in India' COVID-19 vaccine on children aged between 5 and 18 years with certain...

Axis Bank raises $600 mn through ESG-compliant AT1 bonds sale overseas

by AIP Online Bureau | Sep 1, 2021 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

  Mumbai: Axis Bank on Wednesday raised $ 600 million from offshore investors by selling sustainable additional tier-1 (AT1) bonds at a coupon of 4.1 per cent, sources said. Merchant bankers also said this was only the third environment, social and...

Atal Pension Yojana subscriber count cross 33 mn-mark, says PFRDA

by AIP Online Bureau | Sep 1, 2021 | Eco/Invest/Demography, Indian News, Pension & Social Security

The number of subscribers of the government's Atal Pension Yojana (APY) crossed 3.30 crore-mark by August 25, the Pension Fund Regulatory and Development Authority (PFRDA) said on Wednesday. More than 28 lakh new APY accounts have been opened during the current...

Madras HC puts order on `bumper-to-bumper cover’ for new vehicles on hold

by AIP Online Bureau | Sep 1, 2021 | Indian News, Non-Life, Regulation

  Chennai: In a temporary relief to the general insurance indutsry,the Madras High Court on Wednesday has put its order, making bumper-to-bumper cover for new vehicles sold from September 1 mandatory, in abeyance for the time being after General...

Covid breakthrough infections in India within expected numbers: INSACOG

by AIP Online Bureau | Sep 1, 2021 | Uncategorized

  New Delhi, Sept 01 The reported breakthrough COVID-19 infections in India are well within the expected numbers taking into account the total infections and other factors, genome sequencing government consortium INSACOG has said in its recent bulletin while...

US govt asks Tesla how Autopilot responds to emergency vehicles

by AIP Online Bureau | Sep 1, 2021 | International News, Regulation, Risk Management, Technology

Detroit,Sept 01: The U.S. government's highway safety agency wants detailed information on how Tesla's Autopilot system detects and responds to emergency vehicles parked on highways. The National Highway Traffic Safety Administration made the detailed request...

Amazon app seeks share of India’s farm market, offers advice on crops

by AIP Online Bureau | Sep 1, 2021 | Eco/Invest/Demography, Indian News, Technology

Sept 01: Amazon.com Inc. is taking the first steps toward cracking India’s outmoded agricultural sector, hoping to secure the farm produce that yields two-thirds of the country’s $1 trillion in annual retail spending. The Seattle-headquartered giant has...

Weather disasters becoming more frequent and costly, UN agency says

by AIP Online Bureau | Sep 1, 2021 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

  GENEVA: The number of disasters, such as floods and heatwaves, driven by climate change have increased fivefold over the past 50 years, killing more than 2 million people and costing $3.64 trillion in total losses, a U.N. agency said on Wednesday. The World...

India’s monsoon rainfall forecast to be above average in September

by AIP Online Bureau | Sep 1, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

  India is likely to receive above average rainfall in September, the state-run weather office said on Wednesday, helping millions of farmers who had to endure patchy rains in July and August. Monsoon rains were 10% above average in June. "According to...
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