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Problems in Red Sea will not impact India’s maritime trade: Shipping secy

Problems in Red Sea will not impact India’s maritime trade: Shipping secy

by AIP Online Bureau | Jan 3, 2024 | Eco/Invest/Demography, Indian News, Risk Management

Asked will the Red sea developments have any impact on India’s maritime trade, Ports, Shipping and Waterways secretary T K Ramachandran said, “no impact”. New Delhi: Ports, Shipping and Waterways secretary T K Ramachandran on Wednesday said the...

Growth in Asia Pacific emerging markets to remain strong in 2024: Fitch

by AIP Online Bureau | Jan 3, 2024 | Eco/Invest/Demography, Indian News

“Economic growth in APAC will generally remain strong in 2024, especially in emerging markets (EMs), supporting sector outlooks across the region. We expect real GDP to expand by, or above, 5 per cent in India, Indonesia, the Philippines and Vietnam, and...
SC stays MoEF’s office memorandum on ex post facto environmental clearance

SC stays MoEF’s office memorandum on ex post facto environmental clearance

by AIP Online Bureau | Jan 3, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation

Senior advocate Gopal Sankaranarayanan, appearing for Vanashakti, submitted that environmental impact assessment mandates prior approval before the commencement of any activity and allowing ex post facto environmental clearance was anathema to the Environment...

India registered 9.3 lakh cancer deaths second highest in Asia Lancet Study

by AIP Online Bureau | Jan 3, 2024 | Data, Health, Policy

Researchers found that India, along with China and Japan, were the three leading countries in Asia in terms of number of new cases and deaths, where they say cancer has become a more significant public health threat with 94 lakh new cases and 56 lakh deaths in 2019...

Jan1 Renewals: With abundant capital reinsurers get relief from price rise, says Gallagher Re

by AIP Online Bureau | Jan 3, 2024 | International News, Reinsurance

2024 looks to have provided a welcome return to more stability and predictability, allowing the expectations of all parties to be managed in a less rancorous fashion than 12 months ago London: According to reinsurance broker Gallagher Re, the Jan 1,2024 renewal season...
Reinsurance: Jan 1 renewals see favourable market conditions

Reinsurance: Jan 1 renewals see favourable market conditions

by AIP Online Bureau | Jan 3, 2024 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

David Howden, founder & CEO, Howden Headwinds are nevertheless likely to persist into 2024. Expectations are for modest economic growth across advanced economies. Inflation volatility, climate change, the net-zero transition, civil unrest and war, can be more...

Why truck-bus-tanker drivers are up in arms against new law for hit-and-run cases?

by AIP Online Bureau | Jan 3, 2024 | Eco/Invest/Demography, Features, Non-Life, Policy, Risk Management

There’s a lack of consensus, with some arguing that over-speeding alone is not rash driving. The criteria for rash and negligent driving remain arbitrary and unclear, advocate Shashank Dewan New Delhi: With nation-wide strikes by truck drivers entering the...

Global shipping firms continue to pause Red Sea shipments

by AIP Online Bureau | Jan 3, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The Suez Canal is used by roughly one third of global container ship cargo. Redirecting ships around the southern tip of Africa is expected to cost up to $1 million in extra in fuel for every round trip between Asia and northern Europe Denmark’s Maersk and...
LIC gets GST demand notice of Rs 116 crore

LIC gets GST demand notice of Rs 116 crore

by AIP Online Bureau | Jan 3, 2024 | Indian News, Life, Policy, Regulation

The demand for Telangana came a day after LIC on Monday received a similar notice demanding about Rs 806 crore for short payment of GST for 2017-18 along with interest and penalty for Maharashtra Mumbai: Life Insurance Corporation of India (LIC) on Tuesday said tax...

Truckers’ strike: AIMTC says govt assures discussion on new accident law; urges drivers to end protest

by AIP Online Bureau | Jan 2, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management

Under the Bharatiya Nyaya Sanhita (BNS), set to replace the Indian Penal Code, drivers who cause serious road accidents due to negligent driving and run away without informing authorities face up to 10 years in prison or a fine of Rs 7 lakh Mumbai/ New Delhi:...
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