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Investors’ wealth eroded by Rs 5.12 lakh crore in four straight days before Lok Sabha outcome

Investors’ wealth eroded by Rs 5.12 lakh crore in four straight days before Lok Sabha outcome

by AIP Online Bureau | May 29, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Wealth Management/ Philanthropy

”Nifty dropped by 183 points, marking the fourth consecutive decline as election jitters triggered intense selling. The Sensex fell by nearly 668 points to 74,503,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd. Mumbai: Investors’...
Pesky calls: IRDAI asks industry players to comply with TRAI norms

Pesky calls: IRDAI asks industry players to comply with TRAI norms

by AIP Online Bureau | May 29, 2024 | Health, Indian News, Intermediaries, Life, Non-Life

In a circular on Tuesday, the insurance regulator has said regulated entities can only use the `140/180’ numbering series(or any other numbering series allocated/assigned by DoT/TRAI in future for the purpose) for making commercial calls Hyderabad: In a bid to curb...
Naveen Chandra Jha appointed as new MD&CEO of SBI General Insurance

Naveen Chandra Jha appointed as new MD&CEO of SBI General Insurance

by AIP Online Bureau | May 29, 2024 | Indian News, Non-Life

Naveen Chandra Jha, MD& CEO, SBI General Insurance Jha has been promoted as deputy managing director of the bank from the post of chief general manager(CGM) and has been posted as MD &CEO of the general insurance company Mumbai: State Bank of India has...

Lloyd’s and Bermuda Monetary Authority to foster innovation and education access

by AIP Online Bureau | May 29, 2024 | International News, Non-Life, Regulation, Reinsurance, Risk Management, Technology

“This joint agreement will ensure we share the knowledge and expertise needed to deliver the products and solutions to tackle our customer’s challenges and support the growth ambitions of our markets in the years to come” London: Lloyd’s, the world’s leading...
India’s sovereign rating outlook upgraded to positive by S&P Global Ratings

India’s sovereign rating outlook upgraded to positive by S&P Global Ratings

by AIP Online Bureau | May 29, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management

“We expect sound economic fundamentals to underpin the growth momentum over the next two to three years,” S&P said, adding that regardless of the outcome of general elections, the ratings agency expects broad continuity in economic reforms and fiscal...
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