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India’s fertility rate down from 6.2 to under 2 since 1950, will fall to 1.3 in 2050: Lancet study

by AIP Online Bureau | Mar 21, 2024 | Eco/Invest/Demography, Indian News, Policy

Poonam Muttreja, Executive Director of Population Foundation of India (PFI), a non-profit organisation promoting gender sensitive population and health policymaking, said the findings have “profound implications” for India and includes challenges such as...
India stares at summer water crisis as reservoir levels slide

India stares at summer water crisis as reservoir levels slide

by AIP Online Bureau | Mar 21, 2024 | Eco/Invest/Demography, Indian News, Policy

In other industrial states such as Maharashtra, Andhra Pradesh and agricultural states Uttar Pradesh and Punjab levels are below their 10-year averages. Longer term, there is a risk of water wars if governments do not act now, said Sandeep Anirudhan, convener of the...

India’s Reliance refusing Sovcomflot oil shipments after sanctions, sources say

by AIP Online Bureau | Mar 21, 2024 | Indian News, Non-Life, Reinsurance, Risk Management

India’s crude imports from Russian may decline as the number of vessels would be reduced and that could jack up freight costs India’s Reliance Industries, operator of the world’s biggest refining complex, will not buy Russian oil loaded on tankers...

UN climate report: Doctors warn of rise in heat-related health risks

by AIP Online Bureau | Mar 21, 2024 | Eco/Invest/Demography, Facts, Features, Health, Non-Life, Policy, Risk Management

Climate change poses significant health risks, particularly in the realm of respiratory health. Climate change exacerbates air pollution, which worsens conditions of people who already have respiratory ailments like asthma, pneumonia, lung cancer, etc,” Dr Vikas...
SC stays Centre’s notification setting up PIB’s Fact Check Unit

SC stays Centre’s notification setting up PIB’s Fact Check Unit

by AIP Online Bureau | Mar 21, 2024 | Indian News, Risk Management, Technology

“We are of the view that notification dated March 20, 2024, after rejection of application of interim relief, needs to be stayed. The challenge to the validity of 3(1)(b)(5) involves serious constitutional question and the impact of the rule on free speech and...

PB Fintech to set up payment aggregator subsidiary

by AIP Online Bureau | Mar 21, 2024 | Indian News, Intermediaries, Regulation, Technology

The subsidiary called ‘PB Pay Private Limited’ would carry on the business of payment aggregator’ domestic and/or cross border or both, as may be permitted by the Reserve Bank of India, by facilitating merchants with offline and/or digital payment acceptance...
GIC Re provides CSR funds for key rural development project in Maharashtra

GIC Re provides CSR funds for key rural development project in Maharashtra

by AIP Online Bureau | Mar 20, 2024 | Eco/Invest/Demography, Health, Indian News, Reinsurance

L to R- N Ramaswamy, CMD, GIC Re, Praveen Pardeshi, CEO,Maharashtra Institution for Transformation (MITRA),Eknath Shindhe, Chief Minister, Maharashtra and Ajit Pawar, Dy Chief minister, Maharashtra, at an occasion in Mumbai to hand over GIC Re’s cheque of over...
LIC terminates services of its employee in front-running trades case

LIC terminates services of its employee in front-running trades case

by AIP Online Bureau | Mar 20, 2024 | Eco/Invest/Demography, Indian News, Life, Regulation

Sebi on Tuesday confirmed a securities market ban on five entities, including an employee of Life Insurance Corporation of India (LIC), in a case pertaining to front-running trades of the state-owned insurer Mumbai: Life Insurance Corporation (LIC) on Wednesday said...
Meta to operationalise Elections Centre; to curb misinformation, misuse of AI-made content

Meta to operationalise Elections Centre; to curb misinformation, misuse of AI-made content

by AIP Online Bureau | Mar 20, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology

The social media giant said the India-specific Elections Operations Centre will bring together experts from across the company from intelligence, data science, engineering, research, operations, content policy and legal teams, to identify and mitigate threats in...
French competition watchdog hits Google with 250 mln euro fine

French competition watchdog hits Google with 250 mln euro fine

by AIP Online Bureau | Mar 20, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Technology

The watchdog said Google’s AI-powered chatbot Bard – since rebranded under the name Gemini – was trained on content from publishers and news agencies, without notifying them. Google has pledged not to contest the facts as part of settlement...
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