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India’s exports may take a $30 billion hit on Red Sea disturbances

India’s exports may take a $30 billion hit on Red Sea disturbances

by AIP Online Bureau | Jan 8, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance, Risk Management

Higher global freight and insurance rates, possible upside risk to oil and global trade and re-emergence of potential supply chain would mean cost push inflation pressures New Delhi: India may see around $30 billion shaved off its total exports in the current fiscal...
PK Arora, Member, Actuary, IRDAI gets 2-yr extension

PK Arora, Member, Actuary, IRDAI gets 2-yr extension

by AIP Online Bureau | Jan 8, 2024 | Indian News, Life, Reinsurance

 Pramod Kumar Arora, member, Actuary, IRDAI Though, the government had advertised for the post sometime back, it decided afterwards to give extension to Arora, who was also managing Reinsurance Department at the IRDAI New Delhi: The government has given two...
Automobile retail sales rise 11% annually in 2023: FADA

Automobile retail sales rise 11% annually in 2023: FADA

by AIP Online Bureau | Jan 8, 2024 | Data, Eco/Invest/Demography, Non-Life

The overall domestic automobile retail sales stood at 2,38,67,990 units in the 2023 calendar year as compared to 2,14,92,324 units in 2022 New Delhi: Aided by robust demand, automobile retail sales in India rose by 11 per cent last year as compared to 2022,...

MFs’ AUM at Rs 50 lakh cr, add Rs 10 lakh cr in 2023

by AIP Online Bureau | Jan 8, 2024 | Data, Eco/Invest/Demography, Policy, Regulation, Wealth Management/ Philanthropy

The industry saw net inflows of Rs 2.7 trillion in 2023 as compared to an inflow of over Rs 71,000 crore in the preceding year. The huge inflow could be on the back of sustained investor interest in equity funds, arbitrage funds, and index funds & ETFs Mumbai: The...
Maximum flight time in night restricted to 8 hours,says DGCA in amended flight duty regulations

Maximum flight time in night restricted to 8 hours,says DGCA in amended flight duty regulations

by AIP Online Bureau | Jan 8, 2024 | Data, Regulation, Risk Management, Workplace/Employee Benefits

According to DGCA, the revised regulations mandate increased weekly rest periods from 36 hours to 48 hours for flight crew, thus ensuring sufficient time for recovery from cumulative fatigue New Delhi: The Directorate General of Civil Aviation (DGCA) has made...
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