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Private cryptocurrencies pose immediate risks to customer protection, prone to frauds: RBI

by AIP Online Bureau | Dec 30, 2021 | Eco/Invest/Demography, Indian News

”Private cryptocurrencies pose immediate risks to customer protection and anti-money laundering (AML)/combating the financing of terrorism (CFT). They are also prone to frauds and to extreme price volatility, given their highly speculative nature,” RBI...

2022: A likely year of firsts for insurance; general insurer privatisation, LIC share sale on cards

by AIP Online Bureau | Dec 30, 2021 | Eco/Invest/Demography, Indian News, Life, Non-Life

There are fears that LIC listing may be pushed beyond March 2022 as the valuation of the state-owned behemoth is taking more than anticipated time and preparatory work is still far from complete New Delhi: With the amended general insurance business legislation, the...
2021:Indian Life Insurance Trends

2021:Indian Life Insurance Trends

by AIP Online Bureau | Dec 30, 2021 | Articles, Life, Wealth Management/ Philanthropy, Workplace/Employee Benefits

Vighnesh Shahane, MD & CEO, Ageas Federal Life Insurance With the hike in rates by reinsurers, term plan prices are set to rise, but they still remain one of the most important and crucial investments in one’s financial portfolio In India, a third wave could...
WHO’s Tedros concerned about ‘tsunami of cases’ from COVID-19 variants

WHO’s Tedros concerned about ‘tsunami of cases’ from COVID-19 variants

by AIP Online Bureau | Dec 29, 2021 | Health, International News, Non-Life, Pandemic

Tedros Adhanom Ghebreyesus,director-general,WHO “Delta and Omicrom are now twin threats driving up cases to record numbers, leading to spikes in hospitalisation and deaths,” said World Health Organization (WHO) director-general Tedros Adhanom Ghebreyesus...

Economic momentum picking up, Omicron may derail growth: RBI

by AIP Online Bureau | Dec 29, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic, Policy

Admitting that inflation remains a concern as it is by the build-up of cost-push pressures, Das has called for stronger supply-side measures to contain food and energy prices Mumbai: Though the economy has steadily gained momentum and remained resilient since the...
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