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Income disparity in India has declined 74.2% since FY14, reveals SBI study

by AIP Online Bureau | Oct 25, 2024 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy

“Our analysis shows that there has been a cumulative 74.2% decline in income disparity coverage for those earning up to Rs 5 lakh. This shows the continuous efforts of Govt are reaching the bottom of pyramid that is leading to increase in income of ‘lower...

Ireland fines LinkedIn 310 mn euros over EU data breach

by AIP Online Bureau | Oct 25, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

The Data Protection Commission (DPC) issued the Microsoft-owned website its first EU fine saying “the consent obtained by LinkedIn was not given freely” An Irish regulator helping to police European Union data privacy said Thursday it had fined...
Negligence only if doctor lacks qualification or expertise in treatment: SC

Negligence only if doctor lacks qualification or expertise in treatment: SC

by AIP Online Bureau | Oct 25, 2024 | Health, Indian News, Non-Life, Reinsurance, Risk Management

“A medical professional may be held liable for negligence only when he is not possessed with the requisite qualification or skill or when he fails to exercise reasonable skill which he possesses in giving the treatment,” the bench said New Delhi: The...

Global commercial insurance rates show first quarterly fall in seven years, Marsh says

by AIP Online Bureau | Oct 25, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Marsh said the fall in the composite rate – the first since the third quarter of 2017 – was largely driven by increased competition among insurers in the global property market.On average, composite rates decreased in the Pacific by 6%, in the UK by 5%, in...
Siddaramaiah launches ‘Gruha Arogya’ initiative

Siddaramaiah launches ‘Gruha Arogya’ initiative

by AIP Online Bureau | Oct 25, 2024 | Eco/Invest/Demography, Health, Indian News, Policy

Siddaramaiah,Chief Minister,Karnataka This scheme, a flagship program of the Department of Health and Family Welfare for the control and management of non-communicable diseases seeks to reach underprivileged sections and ensure timely detection of diseases, officials...
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