by AIP Online Bureau | Feb 23, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries
New Delhi: With the deadline of April 1 fast approaching for the mega merger of ten public sector banks, there seems to be more odd in the way of meeting the target date as a series of regulatory approvals and clearances are still pending, bank officials said....
by AIP Online Bureau | Feb 23, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
Warren Buffett, long under pressure from activists to detail how climate change affects his businesses, used part of his annual letter to shareholders to highlight how wind power generated by a Berkshire Hathaway Inc. utility shows the company is reducing its...
by AIP Online Bureau | Feb 23, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Octogenarian billionaire Warren Buffett said Saturday that his Berkshire Hathaway empire, with holdings in major American financial firms, is ready for his departure as well as that of his longtime partner Charlie Munger, aged 96. Dubbed the "Oracle...
by AIP Online Bureau | Feb 23, 2020 | Eco/Invest/Demography, Indian News, Risk Management
New Delhi: Staying bullish on Indian markets, overseas investors have pumped in a net amount of Rs 23,102 crore in February so far driven by positive sentiment around the budget and RBI's decision to maintain an accommodative stance in the latest monetary policy....
by AIP Online Bureau | Feb 23, 2020 | Eco/Invest/Demography, Indian News
New Delhi: Finance Minister Nirmala Sitharaman on Saturday emphasised the need to enhance global risk monitoring and explore the scope for policy co-ordination to deal with such risks. Speaking at G-20 Finance Ministers and central bank governors meeting...
by AIP Online Bureau | Feb 23, 2020 | Eco/Invest/Demography, Indian News
New Delhi: The Centre on Saturday said it has disbursed Rs 50,850 crore to farmers so far under its landmark scheme PM-KISAN, enabling them to meet farm input cost and household expenses. The agriculture ministry shared the progress made under the...
by AIP Online Bureau | Feb 22, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life
Mumbai: Indians use too big car by size for moving a single person, and the fate met by Tata Nano was unfortunate, Mahindra and Mahindra MD Pawan Goenka said on Saturday. He also conceded that the automobile industry does add to pollution, and pitched...
by AIP Online Bureau | Feb 22, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
Mumbai: India remained protected from the novel coronavirus because of its robust health surveillance system, Union health minister Harsh Vardhan said on Saturday. He also hailed qualified health professionals for “resisting” the Ebola, Nipah virus...
by AIP Online Bureau | Feb 22, 2020 | Eco/Invest/Demography, International News
Coronavirus worries have caused the biggest exodus from emerging market stocks funds since September BofA said on Friday, while the ongoing dive into bonds is on course to reach nearly $1 trillion by the end of the year. Investors pulled out $2.7 billion out EM...
by AIP Online Bureau | Feb 22, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Risk Management
Some of the industry’s largest pharmaceutical companies, including Pfizer Inc. and Eli Lilly and Co., have developed a blockchain-based system to track prescription drugs across the supply chain to better halt the flow of counterfeit medicines, company officials...