by AIP Online Bureau | Jan 27, 2018 | Data
The direct benefit transfer (DBT) mechanism in various government schemes have helped the government save around Rs 650 billion (over $10 billion), NITI Aayog CEO Amitabh Kant said."All government schemes should be linked to DBT, or else corruption cannot...
by AIP Online Bureau | Jan 27, 2018 | Indian News
Mumbai: US based A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of the state owned New India Assurance Company, the largest general insurer in India. The outlook of these Credit Ratings...
by AIP Online Bureau | Jan 26, 2018 | Data, Risk Management
MUMBAI: lthough suburban railway is considered the lifeline of Mumbai, it is increasingly becoming a 'death trap' for commuters as over 3,000 people lost their lives in train accidents in the city last year, an RTI query has revealed. According to data...
by AIP Online Bureau | Jan 25, 2018 | Indian News
DAVOS: India is seeing a huge surge in the net inflows into financial savings and has reached nearly Rs 28 lakh crore in the last 18 months — an amount equivalent to entire GDP of countries like Thailand, top banker Chanda Kochhar has said. ...
by AIP Online Bureau | Jan 25, 2018 | Indian News
Mumbai: Chennai based state owned United India Insurance(UII) is set to raise Rs 900 crores soon through subordinated debt to improve its solvency ratio that has fallen below the required regulatory level of 1.5 per cent. This is the largest amount any...
