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Used-car market to more than double to 8.2 mn units by FY’26: Report

by AIP Online Bureau | Jul 27, 2021 | Eco/Invest/Demography, Facts, Non-Life

The pre-owned car market is set to more than double to 8.2 million units or USD 47 billion over the next five years ending FY'26 from 4 million in FY'21 or USD 17 billion, which means that two used-cars will be sold for every new car sold, according to a...

SC notice of Centre, Delhi govt on plea for rehabilitation, vaccination of beggars amid pandemic

by AIP Online Bureau | Jul 27, 2021 | Eco/Invest/Demography, Facts, Health

New Delhi: The Supreme Court sought the responses of the Centre and the Delhi government on Tuesday on a plea seeking rehabilitation and vaccination of beggars and vagabonds in the wake of the COVID-19 pandemic. The apex court, which made it clear that it would not...

India records less than 30,000 fresh COVID-19 cases in over three months

by AIP Online Bureau | Jul 27, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic

  New Delhi: India recorded less than 30,000 fresh COVID-19 cases after 132 days while its active caseload fell below 4,00,000 after 124 days on Tuesday, according to Union health ministry data. As many as 29,689 new coronavirus infections took the country's...

Church in Kerala announces welfare scheme for large Christian families

by AIP Online Bureau | Jul 27, 2021 | Eco/Invest/Demography, Health, Indian News

  Kottayam(Ker): A Catholic church in central Kerala has announced a welfare scheme for families having five or more children, a move seen as encouraging their community to boost its numbers in the state. The initiative, launched by the Family Apostolate under...

Lok Sabha passes Factoring Regulation Amendment Bill

by AIP Online Bureau | Jul 27, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life

  New Delhi; Lok Sabha on Monday passed the Factoring Regulation (Amendment) Bill, 2021 without discussion as opposition continued its protests on various issues despite the chair urging it to take part in the debate on the legislation. The bill seeks to help...

Regulators turn spotlight on company sustainability ratings

by AIP Online Bureau | Jul 27, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Regulation

  LONDON: Organisations that rate companies on environmental, social and governance (ESG) issues are now themselves facing scrutiny, as regulators look to improve consistency and transparency in an industry that influences trillions of dollars of investments. The...

Delta infecting even the fully vaccinated at a greater rate

by AIP Online Bureau | Jul 26, 2021 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Pandemic

The Delta variant is the fastest, fittest and most formidable version of the coronavirus that causes Covid-19 the world has encountered, and it is upending assumptions about the disease even as nations loosen restrictions and open their economies, according to...

Global insurance recovery will be faster, stronger than in 2008: Swiss Re

by AIP Online Bureau | Jul 26, 2021 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pandemic, Reinsurance, Risk Management

  The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the 2008 financial crisis, despite such obstacles as low interest rates and inflation risk, insurer Swiss Re AG’s chief Americas economist...

Virus variant and disasters strike strain global supply chains

by AIP Online Bureau | Jul 26, 2021 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance, Risk Management

  LONDON/BEIJING: A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South African ports. Events have conspired to drive global supply chains towards breaking point, threatening the fragile flow of raw...

Scientists update forecasts on extreme weather and climate change 

by AIP Online Bureau | Jul 26, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

  As scientists gather online to finalize a long-awaited update on global climate research, recent extreme weather events across the globe highlight the need for more research on how it will play out, especially locally. The list of extremes in just the last few...
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