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Russia reiterates it won’t sell oil to nations that cap prices

by AIP Online Bureau | Nov 23, 2022 | International News, Non-Life, Reinsurance

The cap, which is also backed by the European Union, would ban companies from providing services, including shipping and insurance, to Russian oil shipments anywhere in the world, unless it’s sold below the agreed threshold Russia doesn’t plan to supply crude or oil...

Over 80% Indians planning to celebrate holiday season with family, spend on travel, shopping: Survey

by AIP Online Bureau | Nov 23, 2022 | Data, Eco/Invest/Demography, Trends, Facts

”We see two strong shifts in the Indian consumer’s spending patterns this holiday season. One, there is higher indulgence in experiences they would like to share with family and friends and two, there is a shift towards more thoughtful gifting like...

Domestic air traffic rises 10 pc in October: DGCA data

by AIP Online Bureau | Nov 23, 2022 | Data, Eco/Invest/Demography, Non-Life

Data released by the Directorate General of Civil Aviation (DGCA) on Tuesday showed that domestic air traffic jumped nearly 27 per cent to 114.07 lakh last month compared to the year-ago period when it was 89.85 lakh ”Passengers carried by domestic airlines...
Union Labour Ministry summons Amazon India over layoff disputes

Union Labour Ministry summons Amazon India over layoff disputes

by AIP Online Bureau | Nov 23, 2022 | Indian News, Workplace/Employee Benefits

Underlying the Industries Disputes Act, Nascent Information Technology Employees Senate argues that without permission from the government, an employer cannot be laid off. Bengaluru: The Union Labour Ministry has summoned Amazon India to appear before the Deputy Chief...

At least 250 people killed in Indonesia earthquake, rescue operations underway

by AIP Online Bureau | Nov 23, 2022 | Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance

The residents were seen scattered through the streets as buildings crumbled, reported Channel News Asia. The tremors destroyed many buildings and were felt in Cianjur in West Java at a depth of 10 km. Hundreds of buildings were damaged, including an Islamic boarding...
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