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SBI Life’s net profit rises 15% to Rs264 cr in Q3 FY2018-19

by AIP Online Bureau | Jan 19, 2019 | Indian News, Life

  Mumbai: SBI Life Insurance at Rs 264.28 crore, posted a 14.7 percent year-on-year (YoY) rise in its net profit during third quarter ended in December 2018. The insurer had posted profit after tax of Rs 230.28 crore in the same quarter previous fiscal....

ICICI General’s net profit remains flat at Rs 239 cr in Q3FY 2018-19

by AIP Online Bureau | Jan 18, 2019 | Indian News, Non-Life

  Mumbai: With higher expenses, ICICI Lombard General Insurance, the country's largest private sector general insurance company, at  Rs 239 crore, has posted a growth of 3.2 per cent in its net profit during the third quarter ending in Dec 2018 as...

Delhi a ‘gas chamber’, better not to live in city, says SC about pollution

by AIP Online Bureau | Jan 18, 2019 | Health, Indian News, Risk Management

  New Delhi: Delhi is a "gas chamber" where it’s difficult to live because of pollution and traffic congestion, said the Supreme Court on Friday, pulling up authorities for failing to improve air quality.   "In the morning and evening,...

Urban Affairs Ministry to organise fortnight-long programme for poorest of poor

by AIP Online Bureau | Jan 18, 2019 | Eco/Invest/Demography, Indian News

  New Delhi, The Housing and Urban Affairs ministry will extend outreach of its flagship project Deendayal Antyodaya Yojana among the poorest of poor in the country through a series of events in the coming month. The 'Shehri Samridhi Utsav', focusing on...

DGCA asks airlines to make extra checks on A320neo planes with P&W engines

by AIP Online Bureau | Jan 18, 2019 | Indian News, Risk Management

  New Delhi: DGCA asks airlines to make extra checks on A320neo planes with P&W enginesIndia's air safety watchdog on Thursday directed airlines to make extra checks on their Airbus A320neo aircraft fitted with Pratt & Whitney engines as part of new...

EV makers demand Rs 20,000 cr in the next two years for promoting vehicles

by AIP Online Bureau | Jan 18, 2019 | Eco/Invest/Demography, Indian News, Technology

New Delhi: Electric vehicle (EV) makers' body SMEV Wednesday sought an allocation of Rs 20,000 crore in the next two years for promoting EVs in the country and also urged the government to impose a "notional green cess" on conventional vehicles in the...

World Bank Gr announces $50 bn over five yrs for Climate Adaptation & Resilience

by AIP Online Bureau | Jan 17, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

  WASHINGTON: The World Bank Group today launched its Action Plan on Climate Change Adaptation and Resilience. Under the plan, the World Bank Group will ramp up direct adaptation climate finance to reach $50 billion over FY21–25. This financing...

Headlights are passé: Luxury cars of the future will be illuminated with lasers

by AIP Online Bureau | Jan 17, 2019 | Facts, Non-Life, Risk Management, Technology

  Most people don’t turn on their car’s headlights and think, I wish they were brighter. Shuji Nakamura is not most people.   The Nobel Prize-winning illumination scientist has spent the past five years developing a laser-based lighting system....

Major farm measures likely in coming weeks: Agriculture Minister

by AIP Online Bureau | Jan 17, 2019 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: Agriculture Minister Radha Mohan Singh Thursday indicated announcement of major measures in the coming weeks to address farm distress across the country, a move that will come ahead of Lok Sabha elections.    The agriculture ministry has...

Govt to conduct economic census, to create a national business register

by AIP Online Bureau | Jan 17, 2019 | Eco/Invest/Demography, Indian News

  NEW DELHI: The government plans to create a business enterprise register that will have details of all kind of businesses being run in the country as it gears up to conduct a nationwide economic census in 2019-20, a top official said Thursday.  "We...
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