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China cuts medical benefits for seniors due to cash shortage

by AIP Online Bureau | Apr 2, 2023 | Eco/Invest/Demography, Health, International News, Non-Life, Pension & Social Security, Policy

In the longer term, the “grey hair movement” is indicative of a fundamental issue facing the Chinese government, how to care for a rapidly ageing society where 400 million people, or 30 per cent of the population, will be 60 or older by 2035. China’s...
Remain cautious and wear mask, focus should be on clinical cases: Experts on Covid surge in Delhi

Remain cautious and wear mask, focus should be on clinical cases: Experts on Covid surge in Delhi

by AIP Online Bureau | Apr 2, 2023 | Health, Indian News, Non-Life, Pandemic

‘The rise in Covid cases is led by the new variant ”Our focus should be on looking for clinical cases rather than laboratory-tested cases.For India, there is a 30-fold increase in cases but the daily deaths have not increased in that proportion. We should...
Italy curbs ChatGPT, starts probe over privacy concerns

Italy curbs ChatGPT, starts probe over privacy concerns

by AIP Online Bureau | Apr 2, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology

The rapid development of the technology has attracted attention from lawmakers in several countries. Many experts say new regulations are needed to govern AI because of its potential impact on national security, jobs and education. The European Commission, which is...

Govt raises interest rates on most small saving schemes

by AIP Online Bureau | Apr 2, 2023 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy

With the revision, a one-year term deposit with post offices would earn 6.8 per cent (up from 6.6 per cent), for two years — 6.9 per cent (up from 6.8 per cent), three years — 7 per cent (up from 6.9 per cent) and five years — 7.5 per cent (7 per...
Investors’ wealth erode by Rs 5.86 lakh cr in FY23; Sensex marginally up 0.72 pc

Investors’ wealth erode by Rs 5.86 lakh cr in FY23; Sensex marginally up 0.72 pc

by AIP Online Bureau | Apr 1, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

”In FY23 we have seen events of decadal high inflation, aggressive monetary policy stance by global central banks w.r.t interest rate hikes, banking crisis in US and Europe, and continuing Russia-Ukraine war,” said Srikanth Subramanian, CEO of wealth...
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