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India working on plan to develop coastal regions, says PM

by AIP Online Bureau | Jan 5, 2021 | Eco/Invest/Demography, Indian News, Risk Management

  NEW DELHI:Dec 05 Indian Prime Minister Narendra Modi said the nation was working on a plan to develop its coastal regions that will include efforts to boost fisheries and seaweed exports. Modi on Tuesday launched 450-kilometer gas pipeline, built by GAIL...

Consumers feel higher importance of sanitisation; cloth wash frequency rises amid pandemic: Survey

by AIP Online Bureau | Jan 5, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic

With consumers feeling the increased importance of sanitisation in the wake of the coronavirus pandemic, the frequency with which they wash clothes has gone up, according to a survey conducted by data, insights and consulting firm Kantar. According to the survey that...

India gets its first women’s team in disaster combat

by AIP Online Bureau | Jan 5, 2021 | Eco/Invest/Demography, Health, Indian News

  New Delhi, Jan 5:  In yet another example of shattering of the proverbial glass ceiling, the first batch of over 100 women disaster combatants and rescuers has been inducted in the country's federal calamity force NDRF. An all-woman team of freshly...

COVID-19: India records lowest daily cases in over six months

by AIP Online Bureau | Jan 5, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi, Jan 5:  India recorded 16,375 new cases of coronavirus, the lowest in over six months,taking the country's COVID-19 caseload to?1,03,56,844, according?to the Union Health Ministry data updated on Tuesday The death toll increased...

World risks ‘moral catastrophe’ if COVID shots delayed in Africa, its CDC chief says

by AIP Online Bureau | Jan 5, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  NAIROBI: The world risks a “moral catastrophe” if COVID-19 vaccinations are delayed in Africa while wealthier regions inoculate their entire populations, the head of the continent’s disease control body said on Thursday. The Africa Centres for...

Brazil’s Braskem settles lawsuits over sinking city for $1.75 bln

by AIP Online Bureau | Jan 5, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

  BRASILIA: Brazilian petrochemical company Braskem SA said on Wednesday it reached a 9.1 billion reais ($1.75 billion) deal to settle lawsuits over cracks and sinking ground near its salt mines in the city of Maceio that requires thousands to be relocated. The...

Power ministry proposes pushing back new emission norms deadline

by AIP Online Bureau | Jan 5, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: The power ministry has proposed pushing back the deadlines for adoption of new emission norms by coal-fired power plants, saying “an unworkable time schedule” would burden utilities and lead to an increase in power tariffs. India...

IRDAI unveils mandatory standard detariffed products for dwellings, micro and small enterprises

by AIP Online Bureau | Jan 5, 2021 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation

  Hyderabad: The insurance regulator IRDAI has decided to complete the process of de-tariffing for the risks of dwellings and micro level and small level enterprises with effect from  1st April, 2021 and has excluded these products  from the All India...

PK Arora assumes charge as IRDA’s member, Actuary 

by AIP Online Bureau | Jan 5, 2021 | Indian News, Regulation

  Hyderabad: Parmod Kumar Arora assumed charge as member (Actuary) in the Insurance Regulatory and Development Authority of India on 4th January 2021. The post of member, actuary, had fallen vacant after Poornima Gupte had completed her five-year tenure in...

Insurer Centene to buy Magellan in $2.2 billion mental health push

by AIP Online Bureau | Jan 5, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  Health insurer Centene Corp said on Monday it has agreed to buy Magellan Health Inc in a $2.2 billion deal including debt, looking to build up its mental health services as more Americans struggle with COVID-19-related behavioral and anxiety issues. Centene has...
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