by AIP Online Bureau | Dec 15, 2022 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
-Investment through Special Purpose Vehicle (SPV) has been made optional for Private Equity (PE) Funds enabling them to directly invest in insurance companies, providing more flexibility, Now, subsidiary companies are also allowed to be promotors of insurance...
by AIP Online Bureau | Dec 15, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Workplace/Employee Benefits
The resulting eruption in infections is set to be a key test for a vast network of factories that account for almost one-third of the world’s manufacturing output. Those plants are now taking extraordinary steps to ward off infections From locking in workers to...
by AIP Online Bureau | Dec 15, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Directed efforts at financial inclusion, digitalisation, a longer-term trend of rising middle-class disposable incomes, and government incentives on these instruments have better channelled these savings to the industry have also helped, the report said....
by AIP Online Bureau | Dec 15, 2022 | Indian News, Life, Non-Life
In 2021-22, the PSU general insurers have reduced their number of employees to 42,500 from 49,149 in 2020-21 while the private sector general insurers including five stand alone health insurers have grown their workforce aggressively to 1,09,000 in 2021-22 from 92,966...
by AIP Online Bureau | Dec 14, 2022 | Briefs, Health
Over 900 Ambulances have been deployed by National Highways Authority of India (NHAI) at a gap of 50km or at toll plazas on the National Highways (NH) to ensure medical treatment to accident victims.NHAI has issued instructions to spread awareness about the 1033...
by AIP Online Bureau | Dec 14, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News
Green Bonds will help the government in tapping the requisite finance from potential investors for deployment in public sector projects aimed at reducing the carbon intensity of the economy New Delhi:The sovereign green bonds are likely to be issued during...
by AIP Online Bureau | Dec 14, 2022 | Briefs, Eco/Invest/Demography, Pension & Social Security, Policy
The Andhra Pradesh Cabinet on Tuesday gave its green signal to increase the social pension to Rs 2,750 per month from the existing Rs 2,500. The increased pension will be distributed from January 1, 2023. According to an official release, an additional expenditure of...
by AIP Online Bureau | Dec 14, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Pension & Social Security
Only 14% of pension schemes said they were already using environmental stress-testing in their own risk management, a subgroup that performed better than their peers in the test, EIOPA said. Pension funds across the European Union would lose billions of euros from...
by AIP Online Bureau | Dec 14, 2022 | Eco/Invest/Demography, International News, Policy, Wealth Management/ Philanthropy
The U.S. central bank’s projection of the target federal funds rate rising to 5.1% in 2023 is slightly higher than investors expected heading into this week’s two-day policy meeting and appeared biased if anything to move higher WASHINGTON: The Federal...
by AIP Online Bureau | Dec 14, 2022 | Data, Health
Each Namma Clinic is expected to cater to a population of 10,000 to 20,000. The 12 kinds of services include pregnancy, postnatal, neonatal care, childhood and adolescent care, universal immunisation services, family welfare, contraceptive, infectious disease...