by AIP Online Bureau | Jun 15, 2023 | Data, Disaster & Management, Eco/Invest/Demography, Non-Life
India, with a total coastal area of 7,516 km, is exposed to around 8 per cent of the world’s tropical cyclones. Nearly 32 crore people in 9 coastal states — Tamil Nadu, Andhra Pradesh, Odisha and West Bengal on the east coast and Kerala, Karnataka,...
by AIP Online Bureau | Jun 15, 2023 | Indian News, Life
UTI Mutual fund is promoted by the State Bank of India (SBI), Life Insurance Corporation of India (LIC), Punjab National Bank (PNB) and Bank of Baroda (BoB), having a combined holding of 45.21 per cent in the paid-up capital New Delhi: Sponsors of UTI Mutual Fund,...
by AIP Online Bureau | Jun 15, 2023 | Eco/Invest/Demography, Indian News, Policy, Risk Management
“As jewellers, real estate agents, chartered accountants, and company service providers have been made reporting entities under PMLA, lawyers will be brought under the money laundering law next,” one of the sources said NEW DELHI: The government is...
by AIP Online Bureau | Jun 15, 2023 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology
The measure, first proposed in 2021, will govern any product or service that uses an artificial intelligence system. The act will classify AI systems according to four levels of risk, from minimal to unacceptable. Riskier applications, such as for hiring or tech...
by AIP Online Bureau | Jun 15, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Debasish Panda, Chairman, IRDAI Four new firms have entered the nation’s insurance sector in the last year, and a few more are in various stages of enrollment, indicating the business environment is favorable, according to Debasish Panda, Chairman, IRDAI. Assets under...
