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Covid-19: Centre allows WFH for 50% of its staff below under secretary-level

by AIP Online Bureau | Jan 3, 2022 | Indian News, Policy

Central government officers/staff will have to follow staggered timing to avoid overcrowding in the offices, the order said New Delhi: The Centre has allowed 50 per cent of its employees below the level of Under Secretary to work from home amid rising coronavirus...

IRDA proposes pay cut for insurance CEOs in case company underperforms financially, mulls tenure limit at15 yrs and age limit at 70 yrs

by AIP Online Bureau | Jan 3, 2022 | Indian News, Life, Non-Life, Regulation

The variable remuneration should be reduced where there is deterioration in the financial performance of the insurer. The deterioration in the financial performance should generally lead to a contraction in the total amount of variable remuneration, which can even be...

Insurers have to pay claims for treatment of Covid -19 cases with Omicron variant :IRDAI

by AIP Online Bureau | Jan 3, 2022 | Health, Indian News, Non-Life, Pandemic, Regulation, Reinsurance

The insurance companies have put in place effective coordination mechanism with all their network providers (hospitals) for the purpose of making available seamless cashless facility to all policyholders in case of hospitalisation if any and render speedy services to...

Study examines best time to make your investment decisions

by AIP Online Bureau | Jan 3, 2022 | Facts, Wealth Management/ Philanthropy

“What we found was when individuals evaluated an investment opportunity at a time that conflicted with their body’s natural internal clock — for example, a morning person or lark making a decision late in the day or evening — they tended to...

India reports 33,750 new COVID-19 cases in last 24 hrs, Omicron tally rises to 1,700

by AIP Online Bureau | Jan 3, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

India reported 33,750 new COVID-19 cases and 123 deaths in the last 24 hours, informed the Ministry of Health and Family Welfare on Monday. According to the ministry, the number of Omicron infections stands at 1,700 and it has spread to 23 states. Maharashtra is the...
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