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Automobile retail sales soar to record high in festive season this year: FADA

Automobile retail sales soar to record high in festive season this year: FADA

by AIP Online Bureau | Nov 28, 2023 | Eco/Invest/Demography, Indian News, Non-Life

”Record-breaking sales were reported in several categories, with rural areas particularly contributing to the surge in two-wheeler purchases,” Federation of Automobile Dealers Associations (FADA) President Manish Raj Singhania said New Delhi: Driven by...

HDFC Life sets a Guinness world records™ title for its ‘Insure India’ campaign

by AIP Online Bureau | Nov 28, 2023 | Briefs, Life

HDFC Life has officially set a new Guinness World Records™ title for creating the largest online selfie mosaic made from 19,097 photos clicked by individuals for the ‘Insure India’ campaign. HDFC Life launched the ‘Insure India’ campaign to raise awareness on the...

Net zero goal calls for USD 5 trillion in annual green investments: IMF

by AIP Online Bureau | Nov 28, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Risk Management, Technology

Of the 50 per cent cut to emissions needed by 2030 to stay on track for the 1.5-degree target, more than 80 per cent can be achieved from technologies available today. Getting to net zero by 2050 will, however, require technologies that are still under development or...

Health experts decry New Zealand’s scrapping of world-first tobacco ban

by AIP Online Bureau | Nov 27, 2023 | Eco/Invest/Demography, Facts, Health

The package of measures would have seen bans on selling tobacco to anyone born after Jan. 1, 2009, reduced the amount of nicotine allowed in smoked tobacco products and cut the number of retailers able to sell tobacco by over 90%. They marked some of the toughest...

Haryana formulates scheme for financial assistance to stage III, IV cancer patients

by AIP Online Bureau | Nov 27, 2023 | Data, Health, Policy

All age group stage III and IV patients will be eligible under the scheme, and patients whose family income is less than Rs 3 lakh per annum, except the amount of other social security pension schemes, will be eligible, it said Chandigarh: To lessen the financial...
Sitharaman to address global reinsurance meet in Mumbai on Thursday, to promote India as a global reinsurance hub

Sitharaman to address global reinsurance meet in Mumbai on Thursday, to promote India as a global reinsurance hub

by AIP Online Bureau | Nov 27, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance

The power packed event will be addressed by Vivek Joshi, secretary, Department of Financial Services, Debasish Panda, chairman, IRDAI, K. Rajaraman, chairperson, IFSCA, Hasmukh Adhia, chairman, GIFT City, Siddhartha Mohanty, chairman, Life Insurance Corporation New...
Spiraling climate costs make insurance unaffordable for some Australians

Spiraling climate costs make insurance unaffordable for some Australians

by AIP Online Bureau | Nov 27, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance

Over a million households now face home insurance affordability stress, As a growing number of people dump or scale back their insurance, a “protection gap” is emerging, said Andrew Hall, head of the Insurance Council of Australia Increasing numbers of Australians are...

High-dose Covid treatment less effective in India than Europe: Lancet study

by AIP Online Bureau | Nov 27, 2023 | Facts, Health, Pandemic

”Our analysis suggests higher dose dexamethasone may have less beneficial effects for patients in India as compared with those in Europe; however, the evidence is weak, and this could represent a chance finding,” the authors of the study noted A higher...
LIC keen to keep part of its stake in IDBI Bank to reap benefit of bancassurance

LIC keen to keep part of its stake in IDBI Bank to reap benefit of bancassurance

by AIP Online Bureau | Nov 27, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Policy

”We have made it clear that IDBI Bank is our number one partner in bancassurance. We will retain the some stake in IDBI Bank so that the bancassurance partnership continues,” LIC Chairman Siddhartha Mohanty said Mumbai: State-owned LIC, promoter of IDBI...
S&P ups India’s FY’24 growth forecast to 6.4 pc on robust domestic momentum

S&P ups India’s FY’24 growth forecast to 6.4 pc on robust domestic momentum

by AIP Online Bureau | Nov 27, 2023 | Eco/Invest/Demography, Indian News, Policy

The US-based rating agency, however, has cut growth estimates for the next fiscal (2024-25) to 6.4 per cent, as it expects growth to slow in the second half (October-March) of the current fiscal, on higher base impact and subdued global growth New Delhi: S&P...
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