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Wage Revision: Talks between GIPSA & PSU general insurance Unions to resume on Aug 4

Wage Revision: Talks between GIPSA & PSU general insurance Unions to resume on Aug 4

by AIP Online Bureau | Jul 30, 2022 | Indian News, Non-Life, Policy, Workplace/Employee Benefits

In a letter to Suchita Gupta, chairperson, GIPSA, on Tuesday, unions had pointed out,“Failure of the DFS and our managements to address the genuine demands of the workforce have created a lot of distrust which needs to be rebuilt. You must have noticed the anguish of...
Investors richer by over Rs 9 trn in three days of market rally

Investors richer by over Rs 9 trn in three days of market rally

by AIP Online Bureau | Jul 29, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Softening commodity prices, reduced intensity of Foreign Institutional Investors (FIIs) selling and better-than-expected earnings season have led to the recovery in the markets, analysts said Mumbai: Investors’ wealth grew by over Rs 9 trillion in three days of...
India now among select nations shaping global financial sector trends: PM Modi

India now among select nations shaping global financial sector trends: PM Modi

by AIP Online Bureau | Jul 29, 2022 | Eco/Invest/Demography, Indian News, Policy

Prime Minister Narendra Modi ` India is one of the world’s leading economies and will grow even bigger going forward; we should build institutions that can cater to our present and future roles,” the Prime Minister said Gandhinagar: Prime Minister Narendra...
Banks’ climate risk  assessment to include their reputational risks:RBI

Banks’ climate risk assessment to include their reputational risks:RBI

by AIP Online Bureau | Jul 29, 2022 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Indian News, Policy, Regulation

Regulated entities (REs) should address financial risks arising from climate change and environmental degradation, through its risk management framework, in line with Board-approved risk appetite statement, risk management strategy and business plan, said the RBI...

Global re/insurance industry’s Blockchain platform B3i files for insolvency

by AIP Online Bureau | Jul 29, 2022 | International News, Non-Life, Reinsurance, Technology

“The directors, following consultation with the shareholders, have collectively concluded that there was not sufficient support to continue with the venture at this stage,” said an announcement on the company’s website B3i is supported by over 21 of the largest...
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