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Typhoon Rai weakens after pummelling central Philippines

by AIP Online Bureau | Dec 17, 2021 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Rai, which at one point intensified into a category 5 storm, the highest classification, toppled power and communication lines, complicating disaster response and efforts to collect information from typhoon-hit areas “It is not expected to cause massive damage...

Three dead, 10 injured in fire at India’s Gujarat Fluorochemicals plant

by AIP Online Bureau | Dec 17, 2021 | Indian News, Non-Life

The company did not give additional details about the fire, but according to local media reports there was an explosion at the site at around 10:00 a.m. local time that could be heard several kilometers away Shares of the company tumbled 8.4% earlier in the day on the...

LIC to take legal action against misuse of Its logo on social media platforms

by AIP Online Bureau | Dec 17, 2021 | Indian News, Life

“It has also come to our notice that certain unscrupulous service providers and agents have created websites and Apps whereby they are attempting to provide various services such as ‘Insurance and Insurance Advisory Services’ to customers using our...

Bank strike delays clearance of 38 lakh cheques worth Rs 37,000 crore

by AIP Online Bureau | Dec 17, 2021 | Banking & Bancassurance, Indian News, Policy

About one lakh bank branches remain closed and some others headed by senior officials were kept open as they did not participate in the strike Venkatachalam said the strike is against the Centre’s move to privatise public sector banks (PSB) and to introduce the...

Expansion of scope of data protection bill needs careful analysis, deeper debate: Nasscom

by AIP Online Bureau | Dec 17, 2021 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology

The Joint Committee on Personal Data Protection Bill, 2019, headed by BJP MP PP Chaudhary, tabled its report in Parliament on Thursday. The committee has recommended widening the scope of the proposed data protection legislation to include both personal and...
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