by AIP Online Bureau | Dec 28, 2023 | Indian News, Life, Regulation
Siddhartha Mohanty,chairman,Life Insurance Corporation According to the LIC chairman, so far as investment scope for insurance companies are concerned, it is highly regulated. So, new asset class should also be allowed, like your sovereign gold bond, equity...
by AIP Online Bureau | Dec 28, 2023 | Indian News, Risk Management
The leak took place when Coromandel’s fertiliser manufacturing unit was preparing to receive an ammonia shipment through its 2.5 kilometre-long (1.5 mile) undersea pipeline. CHENNAI/BENGALURU: About 60 people have been hospitalised after an ammonia leak from a...
by AIP Online Bureau | Dec 28, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life
A total of 109 cases of the JN.1 sub-variant have been detected in India until Wednesday, as per Health Ministry sources New Delhi: India records six Covid-19 deaths, 692 new cases in 24 hrs; total active caseload at 4,097India recorded 692 fresh cases of COVID-19 in...
by AIP Online Bureau | Dec 28, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
”One of the areas we are now cracking down on is advertising of fraudulent loan apps that many platforms are carrying and we have, through yesterday’s advisory, made it clear that no intermediary can carry advertisements of fraudulent loan apps because it...
by AIP Online Bureau | Dec 27, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
With the adoption of new technology, it said, the risks of cyberattacks, data breaches and operational failures have also increased. Frauds lead to reputational, operational and business risk for banks and undermine customers’ trust in the banking system with...