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Industry must make pricing of financial products transparent: RBI Dy Guv

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

  New Delhi: Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar on Monday urged the industry to make the pricing of financial products and services transparent to minimise chances of mis-selling. Speaking at an event organised by think-tank National...

UN office says Sri Lanka ship fire causes significant damage

by AIP Online Bureau | Jun 21, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

COLOMBO, Sri Lanka: The U.N. representative in Sri Lanka said the sinking of a container ship that caught fire while transporting chemicals off the capital Colombo has caused “a significant damage to the planet” by releasing hazardous substances into the...

Mukesh Ambani says no option but to make businesses green

by AIP Online Bureau | Jun 21, 2021 | Eco/Invest/Demography, Indian News

  Mumabi: Asia's richest man Mukesh Ambani on Monday said there is no option for businesses but to go green and every unit of Reliance Industries would have to pivot as the conglomerate moves towards net-zero. "We have no option as a society, as a...

Pandemic ‘rolled back’ sustainable development funding for weak economies: UNCTAD

by AIP Online Bureau | Jun 21, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  UN: According to UNCTAD’s World Investment Report 2021, total foreign direct investment also dropped by more than a third globally, to $1 trillion (from $1.5 trillion in 2019), threatening progress on sustainable development. This level was last seen in...

Britannia offers insurance coverage to 10,000 sales personnel, merchandisers

by AIP Online Bureau | Jun 21, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Food company Britannia Industries Ltd on Monday said it will offer insurance coverage to over 10,000 people, encompassing sales personnel and merchandisers employed with its distributors across the country. The company is offering a term insurance...

India in talks to find ‘middle ground’ with Pfizer, others for vaccine imports: govt official

by AIP Online Bureau | Jun 21, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy

New Delhi: India's government is in talks with Pfizer and other vaccine manufacturers for the import of their Covid-19 vaccines in accordance with local laws, a senior government official said on Monday. "We have to find the middle ground," government...

Putin says Covid trend is getting worse, Kremlin pushes the idea of revaccination

by AIP Online Bureau | Jun 21, 2021 | Eco/Invest/Demography, Health, International News, Pandemic

President Vladimir Putin warned on Monday that the coronavirus situation in some Russian regions was getting worse as authorities began promoting the idea of regular revaccinations to try to halt a surge in new cases. Putin this month spoke of how Russia had handled...

PM Modi announces launch of M-Yoga app to expand yoga across globe

by AIP Online Bureau | Jun 21, 2021 | Facts, Health, Technology

Giving the mantra of 'Yoga se sahyog tak', Prime Minister Narendra Modi on Monday announced the launch of the M-Yoga app for yoga training videos that will be available worldwide in different languages and said that the application will play a 'great...

Gulf states will take at least 10 years to end oil dependence: Moody’s

by AIP Online Bureau | Jun 21, 2021 | Eco/Invest/Demography, International News

  Countries in the oil-exporting Gulf will remain heavily dependent on hydrocarbon production for at least the next ten years as efforts to diversify economies have made limited progress since the 2014-2015 oil price shock, Moody's said. Reliance on the...

Half of US cosmetics contain toxic chemicals, says study

by AIP Online Bureau | Jun 21, 2021 | Eco/Invest/Demography, Facts

  More than half the cosmetics sold in the United States and Canada likely contain high levels of a toxic industrial compound linked to serious health conditions, including cancer and reduced birth weight, according to a new study. Researchers at the University...
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