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MN Sarma selected as new Secy General of GI Council

by AIP Online Bureau | Jun 2, 2019 | Indian News, Non-Life

  Mumbai: MN Sarma,61, former CMD of United India Insurance, has been selected as the new secretary general of the General Insurance Council, the official representative body of the Rs 1,7 trillion Indian general insurance  with 34 non- life and 10...

India, China to account for half of air passenger growth in 2 decades: IATA

by AIP Online Bureau | Jun 2, 2019 | Eco/Invest/Demography, International News

  Seoul: India and China are projected to account for nearly half of the air passenger growth worldwide over the next two decades, with travellers coming from all walks of life, according to global airlines' grouping IATA.   With more number of people...

84 airports to install body scanners by March 2020

by AIP Online Bureau | Jun 2, 2019 | Indian News, Risk Management

  New Delhi: The Centre has directed 84 airports across the country to install body scanners by March 2020, replacing existing door frame metal detectors and hand-held scanners besides pat-down searches of passengers to detect metallic objects, according to an...

FPIs remain buyers for fourth consecutive month; infuse Rs 9,031 cr in May

by AIP Online Bureau | Jun 2, 2019 | Eco/Invest/Demography, Indian News

  New Delhi: Overseas investors pumped in a net amount of Rs 9,031 crore into the Indian capital markets in May on expectations of more business-friendly measures following the BJP's landslide victory in the general elections.   Interestingly, foreign...

IATA cuts forecast for airline profits as US-China trade war intensifies

by AIP Online Bureau | Jun 2, 2019 | International News, Risk Management

  Seoul: The worsening US-China trade war and rising costs are putting pressure on airline earnings as the International Air Transport Association (IATA) cut its forecast for 2019 industry profits by more than a fifth.   Net income for 2019 will probably...
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