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New York, Singapore top chart as the world’s most expensive cities: Survey

by AIP Online Bureau | Dec 1, 2022 | Eco/Invest/Demography, Facts

The cost of living in 172 of the world’s major cities rocketed an average 8.1% over the past year, driven by factors including the war in Ukraine and supply-chain snarls, according to the Economist Intelligence Unit’s Worldwide Cost of Living report. Asian cities...

Rising inflation, falling wages threaten increased poverty and unrest: ILO

by AIP Online Bureau | Nov 30, 2022 | Eco/Invest/Demography, International News, Policy

“Income inequality and poverty will rise if the purchasing power of the lowest paid is not maintained,” he said. “In addition, a much-needed post-pandemic recovery could be put at risk. This could fuel further social unrest across the world and undermine the goal of...
Govt gears up for amending Insurance Acts to overhaul  sector, may go through in Budget Session

Govt gears up for amending Insurance Acts to overhaul sector, may go through in Budget Session

by AIP Online Bureau | Nov 30, 2022 | Indian News, Life, Non-Life, Policy

On Wednesday, the department of financial services, through an office memorandum has asked for public comments on the proposed amendments by December 15 The proposed amendments primarily focus on enhancing the financial security of the policy holders, promoting policy...

COC rejects all bids for Reliance Capital, decides liquidation: sources

by AIP Online Bureau | Nov 30, 2022 | Indian News, Life, Non-Life

The option 1 bidders are Hinduja, Torrent, Oaktree, Cosmea Financial and Piramal consortium, and UAVRCL. Out of these five bidders, UVARCL has bid on a fee basis, which means that it has not submitted any resolution plan for RCAP. It will further sell RCAP assets and...

Accelerated action needed to save 12,000 lives a day due to injury, violence

by AIP Online Bureau | Nov 30, 2022 | Eco/Invest/Demography, Facts, Health

In Preventing injuries and violence: an overview, WHO reveals that road traffic injuries, homicide and suicide, are three of the top five causes of death among people aged five to 29, People living in poverty are significantly more likely to suffer an injury than the...
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