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Strongest El Niño in 75 years, says US Climate Prediction Center

Strongest El Niño in 75 years, says US Climate Prediction Center

by AIP Online Bureau | Jul 12, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

“Even the strongest El Niño events do not lead to the typical impact everywhere, but stronger events can more significantly tilt the odds in favor of expected outcomes,” the Climate Prediction Center said. El Niño “will strengthen through the end of the year, with a...
China unveils to make Shanghai an international reinsurance center

China unveils to make Shanghai an international reinsurance center

by AIP Online Bureau | Jul 12, 2026 | Eco/Invest/Demography, Non-Life, Reinsurance

The several measures comprise eight provisions focusing on guiding institutional layout, improving unified registration, accelerating platform development, enhancing capacity supply, deepening reform and opening-up, expanding cross-border cooperation, strengthening...
Rs 67.48 lakh compensation awarded to kin of man killed in bus accident

Rs 67.48 lakh compensation awarded to kin of man killed in bus accident

by AIP Online Bureau | Jul 12, 2026 | Data, Non-Life

Presiding Officer Manish Sharma heard the claim petition filed by the family of Shakeel Ahmed and directed Reliance General Insurance Company Ltd, the insurer of the offending bus, to pay Rs 67,48,200 along with interest at 9 per cent per annum to the victim’s family....
EPFO invites applications from provident fund trusts for amnesty scheme

EPFO invites applications from provident fund trusts for amnesty scheme

by AIP Online Bureau | Jul 12, 2026 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

Employers, stakeholders and the general public are advised to take note of the scheme, which will remain open for six months, a labour ministry statement said. New Delhi:Retirement fund body Employees’ Provident Fund Organisation has invited applications for an...
More countries move to ban social media for children

More countries move to ban social media for children

by AIP Online Bureau | Jul 12, 2026 | Eco/Invest/Demography, International News, Technology

Social media has been banned for under-16s in Australia since December last year, while Brazil introduced a law in March requiring platforms to link the accounts of users aged under-16 to those of their parents, while also requiring platforms to verify users’ ages....
South Korea issues first emergency heatwave warning under new rating system

South Korea issues first emergency heatwave warning under new rating system

by AIP Online Bureau | Jul 12, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The new warning system was introduced to better deal with a rising number of heatwaves in South Korea, which have become longer and more intense, officials said. Seoul:South Korea issued its first-ever emergency heatwave alert on Sunday under a new warning system...
HP to develop Rs 3,500 cr disaster resilience infrastructure: CM

HP to develop Rs 3,500 cr disaster resilience infrastructure: CM

by AIP Online Bureau | Jul 11, 2026 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy

The Western Himalaya was an ecologically fragile region where disasters have significantly increased in recent years.There is a need to move beyond conventional development models by integrating disaster resilience into infrastructure planning, strengthening early...
Apple sues OpenAI, two former employees for trade secrets theft

Apple sues OpenAI, two former employees for trade secrets theft

by AIP Online Bureau | Jul 11, 2026 | Eco/Invest/Demography, International News, Technology

The lawsuit sets up a battle over who will control future AI devices that may not use traditional apps or operating systems — devices which, if successful, would direct consumer attention away from Apple’s best-selling iPhone. Analysts believe OpenAI is working...
NITI Aayog convenes a stakeholder consultation on implementation of SHANTI Act 2025

NITI Aayog convenes a stakeholder consultation on implementation of SHANTI Act 2025

by AIP Online Bureau | Jul 11, 2026 | Indian News, Non-Life, Reinsurance

Stakeholders examined the financial mechanisms and risk-mitigation frameworks needed to support the Act’s implementation. The discussion also covered suitable insurance arrangements for long-term projects, along with strategies to strengthen public awareness,...
July rainfall brings relief, Yet agriculture risks remain: CRISIL

July rainfall brings relief, Yet agriculture risks remain: CRISIL

by AIP Online Bureau | Jul 11, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

“Current Using its Deficient Rainfall Impact Parameter(DRIP) scores point to significant stress in Karnataka, Bihar, Uttar Pradesh, Andhra Pradesh and Telangana, with milder stress evident in Haryana,” the report said. New Delhi: Early July rains have...
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