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Volkswagen India to offer 6 airbags across all variants of 5-star GNCAP Taigun, Virtus models

by AIP Online Bureau | Jun 3, 2024 | Data, Regulation, Risk Management, Technology

“Our portfolio of India 2.0 cars will offer six airbags as standard across the line-up. With this, we are showcasing our commitment towards safer mobility,” Brand Director at Volkswagen Passenger Cars India Ashish Gupta said Mumbai:German premium car maker...
IRDAI mandates Cross Boarder Reinsurers(CBRs) to furnish collaterals for accessing Indian business from Fy 25-26

IRDAI mandates Cross Boarder Reinsurers(CBRs) to furnish collaterals for accessing Indian business from Fy 25-26

by AIP Online Bureau | Jun 3, 2024 | Indian News, Intermediaries, Non-Life, Regulation, Reinsurance

IRDAI has clarified that premium retroceded by the branches of foreign reinsurers and Indian reinsurers to CBRs, premiums ceded to CBRs for the government schemes such as PMFBY, PMJAY, PMJJBY, PMSBY and If total premium ceded by an insurer to CBRs is up to  Rs 75...
Sensex-Nifty mark record highs on expectation of Modi 3.0,investors richer by Rs 12.48 lakh crore

Sensex-Nifty mark record highs on expectation of Modi 3.0,investors richer by Rs 12.48 lakh crore

by AIP Online Bureau | Jun 3, 2024 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

The Sensex surged by 1859.88 points, opening at a record 75,821.19. Similarly, the Nifty jumped 603.85 points, starting the day at 23,134.55.The buoyant market sentiment was further bolstered by India’s impressive Q4FY24 GDP growth of 7.8 per cent, surpassing...
Markets may reach new heights on Monday, but investors should invest for long term in quality stocks

Markets may reach new heights on Monday, but investors should invest for long term in quality stocks

by AIP Online Bureau | Jun 2, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management

Porinju Veliyath, Founder – Equity Intelligence noted that there might be intense buying on Monday, pushing the Index to new highs, but future corrections are also expected. The short covering by foreign investors could push Nifty above the 25,000 mark. Mumbai:...

Sweltering heat directs attention at ‘disappearing’ spring in country

by AIP Online Bureau | Jun 2, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Indian News, Risk Management

Such extreme heat has wide-ranging consequences on public health, electricity, water and the economy.Vimal Mishra, Vikram Sarabhai Chair Professor, Civil Engineering and Earth Sciences, IIT Gandhinagar New Delhi: Sweltering heatwave in north India that have caused...
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