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Indian Ocean coastline off Somalia declassified as a “high-risk area”

Indian Ocean coastline off Somalia declassified as a “high-risk area”

by AIP Online Bureau | Aug 26, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The change was approved by marine groups including the International Chamber of Shipping and will be operational from January next year, they said in an emailed statement on Monday “No piracy attacks against merchant ships have occurred off Somalia since 2018,”...
Flexible work places can encourage more women to join labour force, Modi says

Flexible work places can encourage more women to join labour force, Modi says

by AIP Online Bureau | Aug 25, 2022 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Policy

Prime Minister Narendra Modi Reiterating that the future needs flexible workplaces, a work-from-home ecosystem, and flexible work hours, the Prime Minister said,“ we can use systems like flexible workplaces as opportunities for women’s labour force...
5G services in India by October 12, says IT Minister Vaishnaw

5G services in India by October 12, says IT Minister Vaishnaw

by AIP Online Bureau | Aug 25, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology

Ashwini Vaishnaw, Union IT minister The 5G services would be rolled out in a phased manner and during the first phase, 13 cities will get the 5G internet services The cities are Ahmedabad, Bengaluru, Chandigarh, Chennai, Delhi, Gandhinagar, Gurugram, Hyderabad,...

HDFC Bank picks up 9.94 % in Go Digit Life for Rs 120 crore

by AIP Online Bureau | Aug 25, 2022 | Indian News, Life

HDFC Bank’s investment has valued GO Digit Life , which is yet to be a licensed, at around Rs 1200 crore The partnership between Kamesh Goyal and Indian born Canadian billionaire Prem Watsa’s Fairfax, which already has a general insurance company, is now...
Indian insurance industry providing a higher return on equity than developed markets: IRDAI Chairman

Indian insurance industry providing a higher return on equity than developed markets: IRDAI Chairman

by AIP Online Bureau | Aug 25, 2022 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life

Debasish Panda,chairman,IRDAI  “Indian insurance companies on an average have provided a return of 23 per cent while US insurance industry’s return has been at 13 per cent, a point to note for our American counterparts,’’ said Panda, while addressing a...
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