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May received the second highest rainfall in 121 years, says IMD

by AIP Online Bureau | Jun 11, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: May received the second highest rainfall in 121 years, the India Meteorological Department (IMD) said in its monthly report Thursday, attributing two back-to-back cyclones and western disturbances for the record precipitation. It also said that at...

.’That’s crazy fast’: Musk shows off Tesla’s quickest car Model S Plaid

by AIP Online Bureau | Jun 11, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts, Non-Life

Tesla Inc. Chief Executive Officer Elon Musk showed off the Model S Plaid, the electric car-maker’s quickest vehicle to date, at an event for customers at the company’s factory in Fremont, California. As the sun set on Silicon Valley’s East Bay hills...

Japan Airlines and Tokyo’s Haneda Airport climb to the top for punctuality

by AIP Online Bureau | Jun 11, 2021 | Eco/Invest/Demography, Facts, Non-Life

  Challenging times for air travel have led to a shakeup in Cirium’s on-time performance rankings for the industry, with Japan Airlines Co. and Tokyo’s Haneda Airport climbing to the top for punctuality. Other standouts among carriers include Hawaiian...

‘Worse than Covid’: Threat of pandemics spurs race for vaccines in 100 days

by AIP Online Bureau | Jun 11, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

Covid-19 has been devastating. A future pandemic could be far worse. If scientists used a scale to classify pandemics like hurricanes, the fatality rate of Covid-19 would probably make it a “category two” out of five, according to Richard Hatchett, a...

Passenger vehicle sales in India dip 66 per cent in May as COVID disruptions take toll: SIAM

by AIP Online Bureau | Jun 11, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

NEW DELHI: Passenger vehicle wholesales in India declined by 66 per cent to 88,045 units in May as compared to April this year as lockdowns across various states impacted dispatches to dealers, auto industry body SIAM said on Friday. Passenger vehicle wholesales in...

Non-life insurers’ gross direct premium rises 11 pc to Rs 12,316 cr in May

by AIP Online Bureau | Jun 11, 2021 | Health, Indian News, Non-Life, Pandemic

Mumbai: Gross direct premium of non-life insurance companies rose 11.4 per cent on a yearly basis to Rs 12,316.50 crore in May 2021, data from Irdai showed. All the 32 non-life insurers' gross direct premium stood at Rs 11,061.02 crore in May 2020. Among these,...

Retiring old coal plants can help Maharashtra save Rs 16,000 cr in five years: Report

by AIP Online Bureau | Jun 10, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

  Maharashtra can save up to Rs 16,000 crore in the next five years by shutting down old coal-fired power plants, along with other measures, an environmental advocacy group said on Thursday. The savings can go up to Rs 75,000 crore over a decade if the state...

UN-backed report finds no G7-based stock exchange indices align with Paris climate goals

by AIP Online Bureau | Jun 10, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

The Global Compact partnered with international non-profit CDP, on behalf of the Science Based Targets initiative (SBTi), a body supporting businesses to set ambitious emissions reduction goals. In December 2015, more than 190 signatories in Paris, agreed to limit the...

Young, Indian, Unvaccinated: the world’s largest inoculation drive falters

by AIP Online Bureau | Jun 10, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

india began an inoculation drive for its 1.38 billion people in earnest in mid-January. Healthcare, frontline workers and the elderly were the first eligible, followed by people aged over 45 in April and then adults aged 18-45 in May. That last extension, covering...

Assets worth over Rs 3.5 lakh cr to be monetised through InvITs, REITs in 1 yr: Icra

by AIP Online Bureau | Jun 10, 2021 | Uncategorized

  New Delhi: The next year is likely to witness asset monetisation of over Rs 3.5 lakh crore through infrastructure investment trusts (InvITs) and real estate infrastructure trusts (REITs), a domestic credit rating agency said on Thursday. This is a big leap if...
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