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Swiss Re may invest in a possible primary offering of CPIC’s securities

by AIP Online Bureau | Nov 6, 2019 | International News, Reinsurance

  Zurich:  In response to media speculation concerning a possible investment by Swiss Re in China Pacific Insurance (Group) Co. (CPIC) and an investment by CPIC in Swiss Re, Swiss Re confirms that it has been exploring a potential investment opportunity in a...

Govt unveils norms for 100% FDI in insurance intermediaries sector

by AIP Online Bureau | Nov 6, 2019 | Banking & Bancassurance, Indian News, Intermediaries, Policy, Regulation

    New Delhi: The government on Wednesday has notified the norms for allowing 100 per cent foreign direct investment (FDI) investment in the domestic insurance intermediaries sector including insurance brokers, third party administrators(TPAs) and...

Any attempt to create monopoly on data will not be acceptable: Govt

by AIP Online Bureau | Nov 6, 2019 | Eco/Invest/Demography, Indian News, Technology

  New Delhi: Amid the furore over Pegasus hacking incident, IT Minister Ravi Shankar Prasad on Wednesday sent out a strong message saying India takes privacy seriously of which informational privacy is an integral part, and data imperialism will not be...

Air pollution: It is a question of life and death of crores of people in Delhi-NCR region, says SC

by AIP Online Bureau | Nov 6, 2019 | Eco/Invest/Demography, Health, Indian News

  New Delhi: Lashing out at the authorities for failing to curb severe air pollution in the Delhi-NCR region, the Supreme Court Wednesday said it is a question of life and death of crores of people here but it is "very unfortunate" that they are not...

India would need around 2,400 new aircraft in next 20 years, Boeing

by AIP Online Bureau | Nov 6, 2019 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: To cater to growing travel demands, India would need around 2,400 aircraft in the next 20 years and around 85-90 per cent of them would be narrow-body, a senior executive of global aerospace giant Boeing said on November 6. Indian airlines currently...

Govt , LIC & SBI to fund Rs 25,000 cr AIF for completing  stalled housing projects

by AIP Online Bureau | Nov 6, 2019 | Eco/Invest/Demography, Indian News

   New Delhi: The government on Wednesday approved a Rs 25,000 crore fund to help complete over 1,600 stalled housing projects, including ones that have been declared NPAs or admitted for insolvency proceedings, as it looks to boost growth by steering...

New FDA warning letters show Indian drug makers’ quality concerns persist

by AIP Online Bureau | Nov 6, 2019 | Health, International News, Risk Management

Three major Indian drugmakers received warning letters from the US health care watchdog in the last two months, highlighting that the country’s copycat drug sector is still plagued by quality issues amid rising global concern over tainted drug supplies.  ...

We will not miss the bus again, next wave of reforms soon: FM Sitharaman

by AIP Online Bureau | Nov 6, 2019 | Uncategorized

Mumbai: Finance minister Nirmala Sitharaman on Tuesday said the government will soon use its strong electoral mandate to usher in the next wave of reforms, and not to miss the bus this time.   Without naming the reform measures unsuccessfully attempted by the...

Climate change: ‘Clear and unequivocal’ emergency, say scientists

by AIP Online Bureau | Nov 6, 2019 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography

A global group of around 11,000 scientists have endorsed research that says the world is facing a climate emergency.   The study, based on 40 years of data on a range of measures, says governments are failing to address the crisis.Without deep and lasting...

Wall Street increasingly weighs risk from climate change

by AIP Online Bureau | Nov 6, 2019 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

NEW YORK: In the wake of two years of devastating wildfires in California, Wall Street is incorporating a new risk metric when evaluating companies: climate resiliency. Investors, analysts, research firms and companies are putting more emphasis on how climate issues...
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