by AIP Online Bureau | Nov 14, 2022 | Eco/Invest/Demography, International News
The global economy has weakened particularly due to three key factors — persistently high and broad-based inflation, the weak growth momentum in China, and Russia’s invasion of Ukraine As prices of many food staples touched record highs in 2022 amid supply...
by AIP Online Bureau | Nov 14, 2022 | Indian News, Life
A 27 per cent jump in premium income and massive gains from changes in its accounting policy along with investment income helped the national insurer LIC on Friday report a multi-fold jump in net income at Rs 15,952 crore in the July-September quarter, from Rs 1,434...
by AIP Online Bureau | Nov 13, 2022 | Eco/Invest/Demography, Facts
Food waste is happening as the number of hungry people worldwide rose to 828 million in 2021, or 46 million more than in the previous year. In 2020, nearly 3.1 billion people could not afford a healthy diet, up 112 million from 2019, as the impacts of the COVID-19...
by AIP Online Bureau | Nov 13, 2022 | Indian News, Non-Life
Neerja Kapur,CMD,New India Assurance “The fall in gross written premium is primarily due to the previous year recording significant revenues from the crop line of business and some government business, which was not there this year. The company made...
by AIP Online Bureau | Nov 13, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
The number of insured banks registered with DICGC stood at 2,040 as on March 31, 2022 Since the inception of deposit insurance, a cumulative amount of Rs 295.9 crore was paid up to March 31, 2022 towards claims of 27 commercial banks, Rs 10,524.3 crore towards claims...