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Anti-cancer jab taking 7 minutes to administer rolled out in England

by AIP Online Bureau | Sep 2, 2023 | Data, Health

The jab takes as little as 7 minutes to administer, NHS England said in a statement, adding that it will be the first health system in the world to roll out the seven-minute injection to hundreds of NHS cancer patients each year An anti-cancer jab that can cut down...

Groundwater depletion rates in India may triple in coming decades, warns study

by AIP Online Bureau | Sep 2, 2023 | Eco/Invest/Demography, Facts

“We find that farmers are already increasing irrigation use in response to warming temperatures, an adaptation strategy that has not been accounted for in previous projections of groundwater depletion in India,” said senior author Meha Jain, assistant...

Hong Kong to be hit super typhoon Saola, biggest typhoon in 3 yrs

by AIP Online Bureau | Sep 1, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

“This can be a very destructive typhoon,” the chief secretary said Thursday, flanked by heads of various government departments. “We hope to minimize the damage.” Hong Kong was starting to feel the impact of Super Typhoon Saola as winds reached hurricane force and...

Insight: Coal miners forced to save for a rainy day by insurance snub

by AIP Online Bureau | Sep 1, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Dozens of insurers have announced restrictions on their cover for the coal industry, particularly for new projects, in response to pressure from shareholders, governments and environmental groups who want to limit coal’s contribution to global warming. This follows...

Curious share transfer case involving Axis Bank, Max Financial referred to RBI, SEBI: IRDAI

by AIP Online Bureau | Sep 1, 2023 | Banking & Bancassurance, Indian News, Life, Regulation

Last October, the Insurance Regulatory and Development Authority of India (IRDAI) had penalised Axis Bank Rs 2 crore for the share transactions which was done mainly to get excess remuneration as corporate agent of Max Life than permissible under the rules Chennai:...

Foreign investors remain net buyers in Indian stocks 6th straight month

by AIP Online Bureau | Sep 1, 2023 | Data, Eco/Invest/Demography, Policy

“India remains in a sweet spot,” said Amnish Aggarwal, a head of research at Mumbai-based brokerage Prabhudas Lilladher Pvt. Stock markets in India stand out as they offer diversified opportunities along with a fast-growing economy, and this is in contrast to the...
Global EV sales grow 50%, China market faces slowdown

Global EV sales grow 50%, China market faces slowdown

by AIP Online Bureau | Sep 1, 2023 | Eco/Invest/Demography, Non-Life, Technology

“Tesla is obviously a big influence, but increasingly Hyundai Kia, Volkswagen, BMW, and Mercedes are moving the needle in premium,” said Soumen Mandal, senior analyst for automotive New Delhi: The global electric vehicle (EV) sales grew 50 per cent (year-on-year) in...
Reliance Capital resolution plan all set to clear its final hurdle today

Reliance Capital resolution plan all set to clear its final hurdle today

by AIP Online Bureau | Sep 1, 2023 | Indian News, Life, Regulation

According to sources, based on this SC order, the NCLT is likely to follow the same path and dismiss Torrent’s plea. Prior to NCLT, Torrent Investment had approached SC and filed a plea seeking to restrain NCLT from considering IIHL’s resolution plan, but in a...
LIC secures 107th position in Fortune Global 500 list

LIC secures 107th position in Fortune Global 500 list

by AIP Online Bureau | Sep 1, 2023 | Indian News, Life, Pension & Social Security

Life Insurance Corporation(LIC) is celebrating its 67th anniversary on Friday. With 13.47 lakh agents, LIC has taken many customer-centric initiatives and digital initiatives besides improving pricing and creating operational efficiencies Mumbai: With total 27.74...

GDP grows at 7.8 pc in Apr-Jun, India remains fastest growing economy

by AIP Online Bureau | Aug 31, 2023 | Eco/Invest/Demography, Indian News, Policy

The expansion in ‘financial, real estate and professional services’ GVA was 12.2 per cent, up from 8.5 per cent in the year-ago quarter New Delhi: India recorded an economic growth rate of 7.8 per cent in the April-June quarter of 2023-24 and remained the fastest...
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