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Biden signs sweeping executive order regulating artificial intelligence

by AIP Online Bureau | Oct 30, 2023 | Eco/Invest/Demography, Policy, Regulation, Technology

The lengthy executive order, released on Monday, sets new standards on security and privacy protections for AI, with far-reaching impacts on companies. Developers such as Microsoft Corp., Amazon.com Inc and Alphabet Inc.’s Google will be directed to put powerful AI...

Chinese Online Insurer Shouhui considers Hong Kong IPO in 2024

by AIP Online Bureau | Oct 30, 2023 | Eco/Invest/Demography, International News, Non-Life, Technology

Founded in 2015 in Shenzhen, Shouhui Tech offers full service in insurance from online consulting to purchasing and compensation, according to its its website. It acquired an internet hospital license in 2022 which allows it to offer online medical services. Shenzhen...
Insurers to provide details of basic features to customers from Jan 1, 2024

Insurers to provide details of basic features to customers from Jan 1, 2024

by AIP Online Bureau | Oct 30, 2023 | Health, Indian News, Non-Life

Policyholders will also be informed about policy coverage (like hospital expenses), exclusions (what the policy does not cover), waiting period, financial limits of coverage, claims procedure, and details about grievances/complaints redressal mechanism. Hyderabad:...

Market sentiment remains cautious amid West Asia crisis

by AIP Online Bureau | Oct 29, 2023 | Eco/Invest/Demography, Indian News, Technology, Wealth Management/ Philanthropy

Of the total FPI AUM of around $ 652 billion financial services account for $213 billion and IT accounts for $ 64 billion. It is important to note that stock prices in these segments are weak due to FPI selling and not due to any fundamental factors New Delhi: In the...
Participation of women in India’s workforce rose to 37 pc in FY’23: Pradhan

Participation of women in India’s workforce rose to 37 pc in FY’23: Pradhan

by AIP Online Bureau | Oct 29, 2023 | Eco/Invest/Demography, Policy

The rate of unemployment in the country has come down to 3.7 per cent in 2022-23 from 6 per cent in 2017-18, Union Education Minister Dharmendra Pradhan said Bhubaneswar: The participation of women in the country’s workforce increased to 37 per cent in the 2022-23...
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