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RBI in process of constructing digital payment index to assess extent of digitisation: Exec director

by AIP Online Bureau | Sep 9, 2020 | Eco/Invest/Demography, Indian News, Regulation, Technology

Mumbai: The Reserve Bank of India (RBI) is in the process of constructing a digital payment index to assess the extent of digitisation in the country and innovation in existing modes and channels to bridge digital divide, a senior official of the apex bank...

Mahindra Insurance Brokers launches paybima.com

by AIP Online Bureau | Sep 9, 2020 | Eco/Invest/Demography, Indian News, Intermediaries

  Mumbai: Mahindra Insurance Brokers Ltd.(MIBL),an outfit of diversified Mahindra & Mahindra group, has launched paybima.com, a digital platform for online insurance buying experience. Powered by advanced analytics, PayBima offers the Indian customer an...

Climate change may cause 26% habitat loss for snow trout in Himalayan rivers: Study

by AIP Online Bureau | Sep 9, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News

  Dharamshala: Snow trout, the iconic cold water fish species found in Himalayan rivers, would lose their habitat by 16 per cent in the next 30 years and by over 26 per cent by 2070, a new climate change study by the government’s Wildlife Institute of India...

EPFO decides to credit part of 8.5% interest for FY20: Report

by AIP Online Bureau | Sep 9, 2020 | Eco/Invest/Demography, Indian News, Pension & Social Security

Retirement fund group EPFO on Wednesday decided to credit a part of 8.5 per interest on employees provident fund (EPF) for 2019-20 into the account of its around 60 million subscribers. The decision to provide 8.15 per cent interest on EPF has been taken at the...

Boeing finds new problem with 787 that will delay deliveries

by AIP Online Bureau | Sep 9, 2020 | Eco/Invest/Demography, International News

Inspections triggered by production flaws in Boeing’s 787 jetliner are further slowing deliveries of the two-aisle planes, compounding Boeing’s struggle to recover from the grounding of its 737 Max and the coronavirus pandemic. Boeing has recorded its...

Passenger vehicle retail sales fall 7% in August: Automobile dealers’ body FADA

by AIP Online Bureau | Sep 9, 2020 | Eco/Invest/Demography, Indian News, Non-Life

New Delhi: Automobile dealers' body FADA on Wednesday said passenger vehicle (PV) retail sales in August declined 7.12 per cent to 1,78,513 units as compared to same month last year. According to Federation of Automobile Dealers Associations (FADA), which...

India’s child mortality rate declined between 1990 and 2019: UN

by AIP Online Bureau | Sep 9, 2020 | Eco/Invest/Demography, Health, Indian News

  United Nations: India's child mortality rate has declined substantially between 1990 and 2019 but the country, along with Nigeria, still accounted for almost a third of all under-five deaths last year, according to a new UN report which warned that COVID-19...

India to have 220 GW renewable energy capacity by 2022: PM

by AIP Online Bureau | Sep 9, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

New Delhi: Prime Minister Narendra Modi on Tuesday exuded confidence that India will increase its existing clean energy capacity of 134 GW to 220 GW by 2022 and stressed on reducing tariffs further through technological advancements. The Prime Minister was earlier...

First batch of Russia’s Covid-19 vaccine Sputnik V released into public

by AIP Online Bureau | Sep 9, 2020 | Eco/Invest/Demography, Health, International News, Pandemic

The first batch of Sputnik V vaccine against coronavirus, developed by Russia's Gamaleya National Research Center of Epidemiology and Microbiology and the Russian Direct Investment Fund (RDIF) has been released into civil circulation, regional deliveries are...

“SCOR well positioned to capture profitable growth opportunities”:Kessler

by AIP Online Bureau | Sep 9, 2020 | Eco/Invest/Demography, International News, Reinsurance

Paris: SCOR has three key positive messages for its Investor Day. At its annual Investor Day, Denis Kessler,Chairman & Chief Executive Officer SCOR, presented an overview of the first year of the “Quantum Leap” strategic plan and said the...
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