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India to remain among fastest growing large economies in 2023: RBI Governor

India to remain among fastest growing large economies in 2023: RBI Governor

by AIP Online Bureau | Jun 14, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation

Shaktikanta Das,Governor,Reserve Bank of India RBI Governor made the remarks at the opening plenary address of Summer Meetings organised by Central Banking, London, UK today. “…India’s growth in the last few years is mainly driven by robust domestic...

SAT stays Irdai order transferring Sahara’s Life Insurance biz to SBI Life

by AIP Online Bureau | Jun 13, 2023 | Indian News, Life, Regulation

“The fact that the earlier direction of the respondent (Irdai) in transferring the business to ICICI Prudential Life Insurance Company was set aside in 2018 and since then no steps had been taken to transfer the policies, we find it strange that such steps have...
UK self-driving car dreams could break down at the starting line

UK self-driving car dreams could break down at the starting line

by AIP Online Bureau | Jun 13, 2023 | Eco/Invest/Demography, International News, Non-Life, Technology

Despite the government’s vision to be a world leader in AV technology, truly driverless cars are not currently permitted on Britain’s roads, making it difficult for start-ups to commercialize their vehicles and insurers to assess their risks. Britain could lose out on...

EU regulators may demand Google to sell part of ad-tech business – source

by AIP Online Bureau | Jun 13, 2023 | International News, Regulation, Technology

The EU’s top antitrust watchdog, the European Commission, could issue a formal complaint against Google as early as Wednesday, the source said, further intensifying trans-Atlantic efforts to diminish the tech giant’s dominance in digital ads European Union antitrust...

IRDAI appoints Zuno General Insurance as Goa’s lead insurer

by AIP Online Bureau | Jun 13, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Regulation

Motor insurance dominates the market, accounting for approximately 77% of the state’s Gross Written Premium (GWP), followed by fire and property insurance at 14%, and marine cargo and hull insurance at 3.5% Mumbai: Zuno General Insurance (Formerly Edelweiss...
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