by AIP Online Bureau | May 6, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
It was the fourth such environmental disaster in a year, following floods in July, September and November 2023 that killed 75 people in total Heavy rains in the southern Brazilian state of Rio Grande do Sul killed 39 people, with another 68 still missing, the state...
by AIP Online Bureau | May 6, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The disruptions cause ripple effects across several other container freight routes, particularly from Asia to the east and west coasts of South America, Maersk’s spokesperson said, adding that the Red Sea situation was complex and continued to evolve Disruption to Red...
by AIP Online Bureau | May 6, 2024 | Eco/Invest/Demography, Indian News, Policy, Technology
Nirmala Sitharaman,Finance Minister GST, which was rolled out on July 1, 2017, had subsumed 17 taxes and 13 cesses into a 5-tier structure, thereby simplifying the tax regime. The turnover threshold for registration rose to Rs 40 lakh for goods and Rs 20 lakh for...
by AIP Online Bureau | May 6, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Regulation, Technology
“We have leveraged the existing merchant infrastructure on the UPI to facilitate CBDC transactions…while the number of transactions have reached a high of 1 million (10 lakh) a day, we still see preference for UPI among the retail users. We of course hope that this...
by AIP Online Bureau | May 6, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Technology, Wealth Management/ Philanthropy
“This new solution set, powered by Microsoft, will help provide better and faster market and product intelligence to financial advisors and banking professionals, enabling them to deliver more personalised and timely service to clients,” Suzanne Dann, CEO of Americas...