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Anti-ESG movement in U.S. feeds anxiety among UK investors

by AIP Online Bureau | Jun 29, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

In the US, there’s evidence that anti-ESG rhetoric has led some financial firms to tone down their commitments to ESG in their conversations with clients. And pension funds have been caught in a long-running battle between the Biden administration and Republicans over...

Global initiative launched to rate corporate carbon offset claims

by AIP Online Bureau | Jun 29, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Risk Management

The Claims Code of Practice launched by the Voluntary Carbon Markets Integrity Initiative (VCMI), backed by the British government, seeks to help investors establish whether claims made by companies using carbon offsets are credible A standard to assess companies’...

Caffeine only makes you alert, coffee makes you ‘ready to go’, say scientists

by AIP Online Bureau | Jun 29, 2023 | Facts, Health

“There is a common expectation that coffee increases alertness and psychomotor functioning,” said Nuno Sousa of the University of Minho, Portugal, and corresponding author of the study published in the journal Frontiers in Behavioral Neuroscience If you...

IRDAI alerts against fraud company `Bhartiya Cooperative General Insurance Limited’

by AIP Online Bureau | Jun 28, 2023 | Indian News, Non-Life, Regulation

The general public are hereby advised not to undertake any transaction related to insurance business with “Bhartiya Cooperative General Insurance Limited”((www.bharatinsurance.org), said the IRDAI Hyderabad: The IRDAI has brought to general notice that no registration...

India ranked 67th on Energy Transition Index, Sweden on top: WEF

by AIP Online Bureau | Jun 28, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Technology

Achieving universal access to electricity, replacing solid fuels with clean cooking options and increasing renewable energy deployment have been primary contributors to the improvement of India’s performance NEW DELHI: The World Economic Forum on Wednesday...

Govt drops plans to levy TCS on overseas credit card spends

by AIP Online Bureau | Jun 28, 2023 | Eco/Invest/Demography, Indian News, Policy, Reinsurance, Technology

The Finance Ministry has also deferred by three months the implementation of a higher Tax Collected at Source (TCS) rate of 20 per cent on expenditures made under LRS and overseas tour packages till September 30 New Delhi: The government on Wednesday dropped plans to...

Indictment details plan to steal Samsung secrets for Foxconn China project

by AIP Online Bureau | Jun 28, 2023 | International News, Risk Management, Technology

The unreleased 18-page indictment, reviewed by Reuters, provides details in the case against former Samsung executive Choi Jinseog, including how he is alleged to have stolen Samsung’s trade secrets and details about the planned Foxconn plant. SEOUL: When former...

Audi ex-boss becomes first VW board member sentenced over diesel scandal

by AIP Online Bureau | Jun 28, 2023 | International News, Risk Management

The case is among the most prominent in the aftermath of the diesel scandal, when parent group Volkswagen and Audi admitted in 2015 to having used illegal software to cheat on emissions tests Former Audi boss Rupert Stadler was handed a suspended sentence of one year...
Equity investors become richer by Rs 3.43 lakh crore in two days of market rally

Equity investors become richer by Rs 3.43 lakh crore in two days of market rally

by AIP Online Bureau | Jun 28, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Infrastructure has been improving consistently, corporate balance sheet strength has improved, and the financial system is in a robust state to fund the potential growth. Despite the recent rally, fundamentals point to the possibility of strong earnings growth in the...

Delhi has become India’s electric vehicle capital: CM Arvind Kejriwal

by AIP Online Bureau | Jun 28, 2023 | Data, Eco/Invest/Demography, Health, Technology

We introduced the Electric Vehicle Policy in August 2020. Our target was that by 2025, at least 25 per cent of all the new vehicles bought in Delhi should be EVs. As of now, 13 per cent of all the new vehicles that are bought in Delhi are EVs. The national average at...
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