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Global warming creating ‘Irreversible’ ice melt in Antarctica: Scientist

by AIP Online Bureau | Feb 19, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  Global warming was leading to an “irreversible” mass melting of the Antarctic ice and purging carbon from the atmosphere was the only solution to slow the process, an Australian climate scientist told Reuters on Wednesday.   Recent human...

Can transport minister come to explain govt proposal for introducing EVs, asks SC

by AIP Online Bureau | Feb 19, 2020 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: The Supreme Court Wednesday expressed desire to interact with the Transport Minister Nitin Gadkari on the proposal for gradual conversion of all public transport and government vehicles into electric vehicles (EVs) to curb air pollution.   The...

Coronavirus outbreak to have limited impact on India, says RBI Governor

by AIP Online Bureau | Feb 19, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: The coronavirus outbreak will have a limited impact on India but the global GDP and trade will definitely get affected due to the large size of the Chinese economy, RBI Governor Shaktikanta Das has said.   Only a couple of sectors in India are...

Cabinet makes Pradhan Mantri Fasal Bima Yojana voluntary for farmers

by AIP Online Bureau | Feb 19, 2020 | Eco/Invest/Demography, Indian News

  New Delhi: Ravamping the existing Pradhan Mantri Fasal Bima Yojana (PMFBY), the Union Cabinet,chaired by the Prime Minister Narendra Modi,on Wedenesday, among other things, has decided to make the scheme voluntary for the bank lonee farmers.   Under...

India becomes 5th largest economy, overtakes UK, France: Report

by AIP Online Bureau | Feb 19, 2020 | Eco/Invest/Demography, International News

New Delhi: India emerged as the world's fifth largest economy by overtaking the UK and France in 2019, says a report.   A US-based think tank World Population Review in its report said that India is developing into an open-market economy from its previous...

12 Chinese insurers co-launch coverage for businesses hit by Coronavirus

by AIP Online Bureau | Feb 18, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance, Technology

  China’s southern province of Hainan has launched the first specially designed insurance product to cover losses incurred by businesses as a result of the coronavirus outbreak in the country, the banking and insurance regulator said.   The scheme has...

No plans to make listing mandatory for insurers:IRDAI chief 

by AIP Online Bureau | Feb 18, 2020 | Indian News, Life, Regulation

Mumbai: Insurance watchdog Irdai is yet to get any proposal from life insurance behemoth LIC on an initial public offering but feels a listing is better from a governance perspective, chairman S C Khuntia said on Tuesday.   He also said that there is nothing for...

Climate change could make premiums unaffordable: QBE Insurance

by AIP Online Bureau | Feb 17, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

  SYDNEY:  Australia’s QBE Insurance Group said on Monday climate change could make some premiums unaffordable, especially for customers exposed to extreme weather events, and was a “material risk” for its operations across the globe....

Chinese province launches insurance for businesses hit by coronavirus

by AIP Online Bureau | Feb 17, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Life, Non-Life

  China’s southern province of Hainan has launched the first specially-designed insurance product to cover losses incurred by businesses as a result of the coronavirus outbreak in the country, the banking and insurance regulator said.   The scheme has...

Paracetamol prices jump 40% in India as coronavirus epidemic shuts down China

by AIP Online Bureau | Feb 17, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

NEW DELHI : The world’s second-most populous nation is facing the ripple effects of shutdowns in China with production of medicines to mobile phones being hit as supply chain disruptions prolong.   Prices of paracetamol, the most commonly used analgesic,...
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