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Govt notifies new regulations for increasing FDI in insurance sector to 74 %

by AIP Online Bureau | May 20, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life

  New Delhi: The government has notified the new rules and regulations under Indian Insurance Companies (Foreign Investment) (Amendment) Rules, 2021, for the Indian insurers which want to hike their foreign direct investment(FDI) to 74 per cent from 49...

ITR filing deadline: Government extends FY21 filing for individuals till September 30

by AIP Online Bureau | May 20, 2021 | Indian News, Life, Policy

  New Delhi; The government on Thursday extended the due date of filing income tax returns for 2020-21 for individuals by two months till September 30.The Central Board of Direct Taxes (CBDT) has also extended the ITR filing deadline for companies by a month till...

COVID-19: HC directs hospitals to update beds data on portal or face action for willful defiance

by AIP Online Bureau | May 20, 2021 | Health, Indian News, Pandemic

  New Delhi: The Delhi High Court Thursday warned private hospitals and nursing homes here that failure to comply with directions to update data on occupancy and availability of beds for COVID-19 patients in their institutions will invite precipitate actions. The...

Good ventilation dilutes COVID-19 viral load, crucial in reducing transmission

by AIP Online Bureau | May 20, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic, Workplace/Employee Benefits

  NEW DELHI: Well-ventilated spaces play a crucial role in diluting the COVID-19 viral load of infected air and help in decreasing the risk of transmission from one infected person to the other, the Office of the Principal Scientific Adviser said on Thursday. In...

Miscalculations may have ended ONGC vessels in cyclone whirlwind: Report

by AIP Online Bureau | May 20, 2021 | Indian News, Non-Life, Risk Management

  New Delhi: Inadequate advance notice and miscalculations of cyclone Tauktae's ferocity and its path may have contributed to a false belief that oilfield operations in the Arabian Sea need not be paused, said top sources close to ONGC whose vessels with 700...

U.K. is pushing for G-7 to adopt mandatory climate reporting

by AIP Online Bureau | May 20, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  London: UK Chancellor of the Exchequer Rishi Sunak is pushing the Group of Seven (G-7) economies to impose mandatory reporting of environmental risks on their big companies, people familiar with the matter said. Under the proposals, the biggest companies would...

U.K. Flying-Taxi hub aims to develop blueprint for aerial roads

by AIP Online Bureau | May 20, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

  Trial operations of flying taxis and cargo drones will begin in Coventry, England, before the end of the year as part of a plan to develop “aerial roads” for unmanned flights in urban areas. The project, backed by 1.2 million pounds ($1.7 million)...

London’s ‘Golden Age’ as Europe’s financial capital is over, says NatWest chair

by AIP Online Bureau | May 20, 2021 | Eco/Invest/Demography, International News

  London: The City of London's 'Golden Age' as Europe's financial capital is over following Brexit, but it will remain a major and profitable centre, NatWest  bank chairman Howard Davies said on Tuesday. The City has been largely cut off from...

Wildfires, thawing permafrost pose new challenge to curb climate change: Study

by AIP Online Bureau | May 20, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

  The warming Arctic tundra will make it harder for the world to curb climate change, as thawing permafrost and wildfires release greenhouse gases that are not fully accounted for in global emissions agreements, a study said on Monday. As temperatures rise and...

U.S. Supreme Court backs energy companies over Baltimore in climate case

by AIP Online Bureau | May 20, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  The U.S. Supreme Court on Monday ruled in favor of BP PLC, Chevron Corp., Exxon Mobil Corp., Royal Dutch Shell PLC and other energy companies contesting a lawsuit filed by the city of Baltimore seeking monetary damages from them due to costs caused by global...
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