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SBI aims to be Net-Zero by 2055: Setty

SBI aims to be Net-Zero by 2055: Setty

by AIP Online Bureau | Feb 23, 2025 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

C S Setty, Chairman ,SBI Mumbai: State Bank of India Chairman C S Setty on Sunday said the largest Indian lender is targeting to be Net-Zero by 2055. The bank, the largest in the country, will be celebrating its centenary year of existence then, he said. Setty made...

Hit-and-run cases constitute 38 pc of all fatal crashes on Mumbai roads in 2023: Report

by AIP Online Bureau | Feb 23, 2025 | Data, Eco/Invest/Demography, Non-Life, Risk Management

Among those deaths, two and three-wheeler occupants comprised 48 per cent and pedestrians 40 per cent, said the report published recently by the Mumbai Traffic Police in association of the Bloomberg Philanthropies Initiative for Global Road Safety Mumbai: Hit-and-run...

‘Rising temperature may increase probability of default in 30% of agri loan portfolio by 2030’

by AIP Online Bureau | Feb 23, 2025 | Data, Disaster & Management, Eco/Invest/Demography

Almost half of the credit of scheduled commercial banks is significantly dependent on nature and its ecosystem so any natural calamity impacts their bottomline. By 2030, as per estimates, 42 per cent India’s districts are projected to experience temperature rise...

FPIs withdraw Rs 23,710 cr in Feb; total outflow at Rs 1 trn in 2025

by AIP Online Bureau | Feb 23, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

This came following a net outflow of Rs 78,027 crore in January. With these, the total outflow by FPIs has reached Rs 1,01,737 crore in 2025 so far, data with the depositories showed. This massive selling has resulted in the Nifty yielding negative returns of 4 per...
India leading in AI adoption, governance: FM Sitharaman

India leading in AI adoption, governance: FM Sitharaman

by AIP Online Bureau | Feb 22, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

Nirmala Sitharaman, Union Finance Minister The country recorded 3 billion AI-related app downloads in 2024, while the US and China had only 1.5 billion and 1.3 billion downloads, respectively Kottayam (Kerala): Union Finance Minister Nirmala Sitharaman on Saturday...
Buffett’s Berkshire posts record profit on insurance, investments

Buffett’s Berkshire posts record profit on insurance, investments

by AIP Online Bureau | Feb 22, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Wealth Management/ Philanthropy

Warren Buffett, chairman, Berkshire Hathaway “You really saw the power of Berkshire’s insurance operations and investments,”Thomas Russo, a partner at Gardner Russo & Quinn in Lancaster Warren Buffett’s Berkshire Hathaway on Saturday posted...
Former RBI governor Shaktikanta Das appointed as Principal Secy-2 to PM Modi

Former RBI governor Shaktikanta Das appointed as Principal Secy-2 to PM Modi

by AIP Online Bureau | Feb 22, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

Shaktikanta Das, Principal Secretary-2 to Prime Minister Narendra Modi `Das will the Principal Secretary-2 to PM-with effect from the date of he assumes office. His office will be co-terminus with the term of PM,’’ said the ACC order.   New Delhi: The government...
Amfi launches 3 initiatives to boost MF accessibility, financial literacy, investment recovery

Amfi launches 3 initiatives to boost MF accessibility, financial literacy, investment recovery

by AIP Online Bureau | Feb 22, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Venkat Chalasani, Chief Executive, Amfi The MITRA (Mutual Fund Investment Tracing and Retrieval Assistant) platform addresses a long-standing challenge by enabling investors and their legal heirs to identify and recover inactive or forgotten MF holdings, ensuring...
Niva Bupa Health Insurance probes claims of data leak

Niva Bupa Health Insurance probes claims of data leak

by AIP Online Bureau | Feb 22, 2025 | Workplace/Employee Benefits

“The threat actor via email, claims to have the customer data of Niva Bupa. As a matter of urgency, we continue to conduct investigation(s) of data leak and implement measures to mitigate the risk,” the insurer said in a statement New Delhi: Niva Bupa...
Mizoram to introduce new health scheme with Rs 5 lakh coverage: CM

Mizoram to introduce new health scheme with Rs 5 lakh coverage: CM

by AIP Online Bureau | Feb 22, 2025 | Eco/Invest/Demography, Health, Indian News, Policy

Lalduhoma,chief minister,Mizoram According to Lalduhoma, registration for the healthcare scheme will be opened initially for three months after which it will be closed for one month.He said that the government decided not to open registration throughout the year as...
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