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IIT-Madras researchers propose drought, flood mitigation project for village in TN

by AIP Online Bureau | Feb 20, 2022 | Disaster & Management, Facts, Technology

It suggested implementing a rapid recharge technology, which, when developed, can bring several benefits, including mitigate floods and droughts, and create a subsurface dam for water storage without evaporation loss, distribute water automatically and equitably...
Govt to soon decide on giving additional charge of New India Assurance CMD

Govt to soon decide on giving additional charge of New India Assurance CMD

by AIP Online Bureau | Feb 20, 2022 | Indian News, Non-Life, Policy

The finance ministry had proposed to give additional charge to Anjan Dey,CMD of Delhi based Oriental Insurance Company, till the appointment of a new CMD of the Mumbai-based NIA, sources said. The insurance sector regulator IRDAI has sought clarification from the...

Global artificial intelligence spending to reach $434 bn in 2022: Report

by AIP Online Bureau | Feb 20, 2022 | Facts, Technology

AI solutions are currently focused on business process problems and range from human augmentation to process improvement to planning and forecasting, empowering superior decisioning and outcomes “Advancements in language, voice and vision technologies, and...

LIC’s Post IPO business plan a threat to private firms: Credit Suisse Report

by AIP Online Bureau | Feb 20, 2022 | Indian News, Life, Wealth Management/ Philanthropy

The report notes that LIC’s margin has already gone by up 700 bps to 9.9 percent after government amended LIC’s surplus/profit distribution rules which allows it to make a 10 per cent shift in the business mix from participating policies to...

Singaporeans fall prey to Chinese-origin ‘pig-butchering’ crypto scam

by AIP Online Bureau | Feb 20, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

Losses average USD 134,940 per person, based on over 400 victims surveyed by the organisation from North America, Europe, Taiwan and South-east Asia, according to the report “They were asked to pay administrative fees, security fees or taxes in order to reap...
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