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Celebs face up to 3-year ban for misleading ads in new bill 

by AIP Online Bureau | Jan 6, 2018 | Indian News, Risk Management

New Delhi: Instead of jail term, celebrities endorsing misleading ads will have to pay penalty of up to Rs 50 lakh and serve a ban of up to three years once the new Consumer Protection Bill is cleared by Parliament.   The Consumer Protection Bill, 2018 was...

NPCI’s digital transactions surge to 145 mn in December 2017

by AIP Online Bureau | Jan 5, 2018 | Data, Technology

Kolkata: The National Payments Corporation of India – an umbrella organisation for all retail payments in India – registered 145.46 million transactions on its digital Unified Payments Interface (UPI) in December 2017 from just 4.15 million in January last...

Per capita income growth may fall 8.3% to Rs 1,11,782 in FY18

by AIP Online Bureau | Jan 5, 2018 | Data

New Delhi: India's per capita income, a gauge for measuring living standard, is likely to witness a slower growth of 8.3 per cent at Rs 1,11,782 in FY 2017-18.In 2016-17, per capita income of Indians had grown by 9.7 per cent  to Rs 1,03,219.   ...

Global debt hits record $233 trillion but debt-to-GDP is falling 

by AIP Online Bureau | Jan 5, 2018 | Data

Global debt rose to a record $233 trillion in the third quarter of 2017, more than $16 trillion higher from end-2016, according to an analysis by the Institute of International Finance. Private non-financial sector debt hit all-time highs in Canada, France, Hong Kong,...

Life insurance industry witneses 12 pc jump in  surrenders/withdrawals of policies in 2016-17

by AIP Online Bureau | Jan 5, 2018 | Indian News

  Hydearbad: Reflecting an unsteady trend, the Indian life insurance, which has grown its fresh premium by 14 per cent in 2016-17, has witnessed an increase of more than12 per cent  in surrenders/withdrawals of policies during the year....
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