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South India faces water crisis as reservoir levels plunge to just 17 pc: CWC

by AIP Online Bureau | Apr 26, 2024 | Eco/Invest/Demography, Indian News, Policy

The reduced storage levels in the southern region are indicative of worsening water scarcity and potential challenges for irrigation, drinking water supply and hydroelectric power generation in these states New Delhi: The southern region, encompassing states of Andhra...

India hits record, grants over 1 lakh patents in FY24

by AIP Online Bureau | Apr 26, 2024 | Data, Eco/Invest/Demography, Risk Management, Technology

”Year over year, the IP filing is increasing, in 2023-24 we got 90,300 patent filings. There is enough traction on not just development of science and technology but equally protection and this high number of patent filing shows the confidence of research on...
SBI Life Q4 net profit grows by 4% to Rs 811 crore

SBI Life Q4 net profit grows by 4% to Rs 811 crore

by AIP Online Bureau | Apr 26, 2024 | Indian News, Life

SBI Life said it registered a growth of 9 per cent in the value of new business (VoNB) to Rs 5,550 crore in FY24.VoNB is the present value of expected future earnings from new policies written during a specified period. Mumbai: SBI Life Insurance, the second largest...
BAGIC’s net profit jumps 18% to Rs 380 crore in Q4FY24

BAGIC’s net profit jumps 18% to Rs 380 crore in Q4FY24

by AIP Online Bureau | Apr 26, 2024 | Indian News, Non-Life, Reinsurance

BAGIC’S underwriting loss stood at Rs  76 crore for 04 FY24 as compared to a loss of Rs  2 crore in 04 FY23.The insurer’s combined ratio stood at 101.6 per cent in Q4 FY24  over 97.3 per cent  in 04 FY23. Pune: Bajaj Allianz General Insurance...
Tarun Bajaj appointed as independent director at Bajaj Finance

Tarun Bajaj appointed as independent director at Bajaj Finance

by AIP Online Bureau | Apr 26, 2024 | Briefs

Tarun Bajaj, former revenue secretary, ministry of finance, has been appointed as an independent directors of Bajaj Finance, a subsidiary of Bajaj Finserv, the holding company of Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance. He has spent over 34...
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