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RBI extends Paytm Payments Bank restriction deadline to March 15

RBI extends Paytm Payments Bank restriction deadline to March 15

by AIP Online Bureau | Feb 16, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

As per a January 31 order of the central bank, PPBL was asked to stop further deposits, credit transactions, or top-ups in any customer accounts, prepaid instruments, wallets, FASTags, and National Common Mobility Cards, after February 29 Mumbai: The banking regulator...
Ashwini Vaishnaw to inaugurate ‘Made in India’ Indus Appstore: PhonePe

Ashwini Vaishnaw to inaugurate ‘Made in India’ Indus Appstore: PhonePe

by AIP Online Bureau | Feb 16, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology

Union IT and Railways Minister Ashwini Vaishnaw “In a global-first move, the Indian startup ecosystem will come together at the milestone launch to challenge the technological, commercial and distribution monopoly of global players, and democratise the Android app...
Farmers’ agitation to cause Rs 500 cr economic loss daily to northern states: PHDCCI

Farmers’ agitation to cause Rs 500 cr economic loss daily to northern states: PHDCCI

by AIP Online Bureau | Feb 16, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Workplace/Employee Benefits

”A lingering agitation will cause Rs 500 crores economic loss daily and will have an impact on Q4 Gross State Domestic Product (GSDP) of northern states majorly Punjab, Haryana and Delhi,” said Sanjeev Agrawal, President, PHD Chamber of Commerce and...
Swiss Re 2023 net profit surges almost six times, in line with expectations

Swiss Re 2023 net profit surges almost six times, in line with expectations

by AIP Online Bureau | Feb 16, 2024 | International News, Non-Life, Reinsurance

“We achieved all our financial targets in a year that was characterised by geopolitical turbulence and continued economic uncertainty. Improved price adequacy in our property and casualty businesses following strong renewals and our underwriting discipline...

Indians are ready to spend more on travelling: ACKO Travel Index

by AIP Online Bureau | Feb 16, 2024 | Eco/Invest/Demography, Features

As an Indian traveller, getting travel insurance protects you in case of emergencies like medical problems, lost luggage, lost travel funds, or missed flights, to name a few. In addition, travellers must choose a sum insured according to their opinion to cover the...
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