by AIP Online Bureau | Nov 30, 2021 | Banking & Bancassurance, Indian News, Non-Life, Policy
Minister of State for Finance Bhagwat K Karad In a written reply to the Rajya Sabha, Minister of State for Finance Bhagwat K Karad said there is no proposal under consideration of the government at present for merger of public sector general insurance companies. New...
by AIP Online Bureau | Nov 30, 2021 | Briefs
Over six lakh Indians have given up their citizenship in the last five years, the Lok Sabha was informed on Tuesday. Union Minister of State for Home Nityanand Rai also said that as per the information available with the Ministry of External Affairs, a total number of...
by AIP Online Bureau | Nov 30, 2021 | Disaster & Management, Indian News
The Met office predicted “heavy to very heavy rainfall and extremely heavy falls” at isolated places over coastal Odisha and “heavy to very heavy” rainfall at isolated places over adjoining interior districts of Odisha, coastal districts of...
by AIP Online Bureau | Nov 30, 2021 | Eco/Invest/Demography, Facts, Technology, Workplace/Employee Benefits
Almost half of (47 per cent) the consumers in India think that the banking and financial services will be more profoundly impacted by AI, followed by manufacturing (44 per cent), education (42 per cent) and communications (41 per cent), the report noted. Among urban...
by AIP Online Bureau | Nov 30, 2021 | Banking & Bancassurance, Facts, Technology
The bank now digitally validates the e-Way Bill (i.e. proof of movement of goods) for the purpose of establishing the genuineness of underlying trade transactions. The adoption of this approach has enabled DBS to process transactions quicker without the need to obtain...
