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MS Amlin appoints Nicola Harris to lead natural resources

by AIP Online Bureau | Jul 8, 2025 | International News, Reinsurance

In this role, Nicola will be responsible for leading the efforts of a team that supports a diverse range of clients throughout the entire energy chain. With a significant portfolio, the Natural Resources account includes upstream, midstream, and downstream, as well as...
91pc of individual traders lose money in equity derivatives in FY25 Sebi study

91pc of individual traders lose money in equity derivatives in FY25 Sebi study

by AIP Online Bureau | Jul 8, 2025 | Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy

The study indicated that the net losses of individual traders widened by 41 per cent to Rs 1,05,603 crore in FY25 from Rs 74,812 crore in FY24. New Delhi: Nearly 91 per cent of individual traders incurred losses in the equity derivatives segment in fiscal year 2025,...
Fintech sector must focus on financial education and consumer protection, says DFS Secretary

Fintech sector must focus on financial education and consumer protection, says DFS Secretary

by AIP Online Bureau | Jul 7, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology

M Nagaraju, secretary,Dpartment of Financial Services Secretary Department of Financial Services Secretary M Nagaraju revealed that the country now has around 55 crore Jan Dhan accounts, with 56 per cent held by women, and 90 per cent of Indian adults now possess bank...

Carrier becomes latest global firm to sue govt over electronic waste rules

by AIP Online Bureau | Jul 7, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Technology

All of the companies0South Korea’s Samsung Electronics and LG Electronics as well as Japan’s Daikin and Tata’s Voltas- are seeking to have the rules quashed. India is the third-biggest generator of electronic waste behind China and the U.S., but the...

Demand for obesity drugs shoots up in India as Lilly, Novo vie for market share

by AIP Online Bureau | Jul 7, 2025 | Eco/Invest/Demography, Health, Indian News

The Indian obesity drug market has grown fivefold since 2021 and is valued at Rs 6.28 billion , according to the research firm. HYDERABAD: Demand for weight-loss drugs is rising at a fast clip in India, where rivals Eli Lilly and Novo Nordisk are competing for market...
Zurich Kotak General Insurance launches commercial insurance

Zurich Kotak General Insurance launches commercial insurance

by AIP Online Bureau | Jul 7, 2025 | Indian News, Non-Life, Reinsurance, Risk Management

Alok Agarwal, MD & CEO, Zurich Kotak General Insurance Alok Agarwal, MD & CEO, Zurich Kotak General Insurance, said, “The launch of our commercial insurance business is a key strategic pillar of our organization and reflects a year of building an...
Domestic automobile retail sales up 5 pc in June; PVs, two-wheelers witness growth

Domestic automobile retail sales up 5 pc in June; PVs, two-wheelers witness growth

by AIP Online Bureau | Jul 7, 2025 | Data, Eco/Invest/Demography, Non-Life, Policy

“Heavy rains and tight market liquidity weighed on footfall and conversion, even as elevated incentive schemes and fresh bookings lent selective support,” FADA President C S Vigneshwar said in a statement. New Delhi: Automobile retail sales in India rose...
Death toll from Texas floods reaches at least 43; dozens still missing

Death toll from Texas floods reaches at least 43; dozens still missing

by AIP Online Bureau | Jul 6, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

The administration has cut thousands of jobs from the National Weather Service’s parent agency, the National Oceanic and Atmospheric Administration, leaving many weather offices understaffed, said former NOAA director Rick Spinrad. He said he did not know if...
Gadkari’s mega mobility plan: Hyperloop, electric buses, ropeways on fast track

Gadkari’s mega mobility plan: Hyperloop, electric buses, ropeways on fast track

by AIP Online Bureau | Jul 6, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management

Union Minister of Road Transport and Highways Nitin Gadkari said India’s transport sector is undergoing a major transition, with initiatives like tree bank, mobile-based driving tests, and flex-fuel engines by 11 leading automakers in the pipeline Ranchi: Union...
425 under surveillance as Kerala battles fresh Nipah virus outbreak

425 under surveillance as Kerala battles fresh Nipah virus outbreak

by AIP Online Bureau | Jul 6, 2025 | Health, Indian News

Veena George, Health minister, Kerala Nipah virus (NiV) is a highly fatal zoonotic virus, meaning it spreads from animals to humans. It causes acute encephalitis (inflammation of the brain), respiratory distress, and in many cases, death. Thiruvananthapuram: Kerala...
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