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Climate action must happen ‘for our people, not to them’, cities say

by AIP Online Bureau | Jul 23, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

  Efforts to push low-carbon lifestyles and green energy to curb climate change will fail unless many people see benefits – and the poorest and most vulnerable should get the biggest gains, leading mayors and other city officials urged Friday. "The...

Maha: 47 villages cut-off in rain-hit Kolhapur district; 965 families shifted

by AIP Online Bureau | Jul 23, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News, Life, Non-Life

  Pune: As many as 47 villages were cut-off in Kolhapur district of Maharashtra after roads leading to them were submerged in water due to heavy rains and 965 families were shifted to safer places, while the Panchganga river hovered near the danger mark,...

Magma Fincorp Limited announces name change to Poonawalla Fincorp Limited

by AIP Online Bureau | Jul 23, 2021 | Uncategorized

Pune: Magma Fincorp Limited, a RBI-registered non-banking finance company (NBFC) has been rechristened as Poonawalla Fincorp Limited and has initiated rebranding activity, following the acquisition of controlling stake by Adar Poonawalla led Rising Sun Holdings...

Central team probing bid flu death in Gurugram: Official

by AIP Online Bureau | Jul 23, 2021 | Health, Indian News

New Delhi: A central team is in Gurugram, Haryana for epidemiological investigation into the death of an 11-year-old boy due to H5 avian influenza, an Animal Husbandry, Fisheries and Dairying Ministry official said on Thursday. The official said the ministry...

India logs 35,342 new COVID-19 cases and 483 deaths

by AIP Online Bureau | Jul 23, 2021 | Eco/Invest/Demography, Health, Indian News

New Delhi: As many as 35,342 new COVID-19 cases and 38,740 recoveries were reported in the last 24 hours, the union health ministry informed on Friday. The cumulative positive cases now stand at 3,12,93,062, including 3,04,68,079 recoveries and 4,05,513 active cases....

Chemicals found in consumer products could increase breast cancer risk: Study

by AIP Online Bureau | Jul 23, 2021 | Eco/Invest/Demography, Facts, Health, Risk Management

  WASHINGTON: A new study has shown that several common chemicals, including pesticides, ingredients in consumer products, food additives, and drinking water contaminants, could increase the risk of breast cancer by causing cells in breast tissue to produce more...

Shell to appeal landmark climate case in the Netherlands

by AIP Online Bureau | Jul 22, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life

  Royal Dutch Shell Plc said it will appeal a ruling by a Dutch court which ordered it to cut its carbon emissions by 45% over the next decade. Shell has said it will speed up its energy transition plans in response to the order, but is looking to overturn it so...

India cabinet eases foreign investment rules to aid BPCL sale – sources

by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, Indian News, Policy

NEW DELHI: India's federal cabinet approved plans on Thursday to allow 100% foreign direct investment in state-run oil companies in which a strategic stake sale is announced, a move to help privatisation of Bharat Petroleum Corp two government sources said....

ICICI Gen’s Q1 net drops 61 % to Rs 152 crore on higher Covid-19 claims

by AIP Online Bureau | Jul 22, 2021 | Indian News, Non-Life

  Mumbai, July 22: With Rs 602 crore of Covid -19 claim outgo, the net profit of ICICI Lombard General Insurance has plunged by 61 per cent  year on year to Rs 152 crore  in Q1 FY2022 as compared to Rs 398 crore in Q1 FY2021. The largest private sector...

RBI eyeing ‘phased introduction’ of digital currency: Deputy Governor

by AIP Online Bureau | Jul 22, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation

  Mumbai: The Reserve Bank is working on a phased implementation strategy for its own digital currency and is in the process of launching it in wholesale and retail segments in the near future, RBI Deputy Governor T Rabi Sankar said on Thursday. He said the idea...
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