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Metaverse to push data usage by 20X in 10 years; Jio, Airtel to gain: Report

by AIP Online Bureau | Feb 18, 2022 | Facts, Technology

”Internet traffic is already 80 per cent video and has been growing at a 30 per cent CAGR (compound annual growth rate). Our team projects that even modest metaverse usage could drive a further 37 per cent CAGR in the next decade to 20x current data...

Environment ministry notifies guidelines on EPR for plastic packaging

by AIP Online Bureau | Feb 18, 2022 | Climate, Environment, Renewable Energy, Indian News, Policy

Environmental compensation shall be levied based upon polluter pays principle, with respect to non-fulfilment of Extended Producer Responsibility (EPR) targets by producers, importers and brand owners, for the purpose of protecting and improving the quality of the...

Age before apps revolt galvanises Europe’s elderly savers

by AIP Online Bureau | Feb 17, 2022 | Banking & Bancassurance, Facts, International News, Technology, Wealth Management/ Philanthropy

in Britain, the government plans legislation to ensure that the digital banking drive does not cut older people adrift Italy’s biggest bank Intesa Sanpaolo, which plans to cut 22% of its branches in the next four years, has struck a partnership to provide basic...

Italy makes fresh attempt at pension reform as debt worries mount

by AIP Online Bureau | Feb 17, 2022 | International News, Pension & Social Security, Policy

With one of the world’s oldest populations, Italy spends more than any other European country on pensions except Greece, Eurostat data shows. According to the Treasury, Rome’s pension bill reached a record 17% of national output in 2020. The new reform...

No group can have more than one FRB in India:IRDAI

by AIP Online Bureau | Feb 17, 2022 | Indian News, Non-Life, Regulation, Reinsurance

Till recently AXA group had only two separate branches, XL Se India branch and AXA France India branch and IRDA had asked the group to wind up operation of one of its branches Hyderabad: The insurance regulator IRDAI, after allowing overseas reinsurers to set up...
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