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China refines financial stability law to strengthen risk prevention

by AIP Online Bureau | Jul 2, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management

The bill aims to establish a comprehensive cross-agency mechanism for risk detection and mitigation within the financial system, as the country grapples with a prolonged real estate crisis and vulnerabilities in smaller banks China’s new financial stability law draft...

Scientists wary of bird flu pandemic ‘unfolding in slow motion’

by AIP Online Bureau | Jul 2, 2024 | Eco/Invest/Demography, Health, International News, Risk Management

“It almost seems like a pandemic unfolding in slow motion,” said Scott Hensley, a professor of microbiology at the University of Pennsylvania. “Right now, the threat is pretty low … but that could change in a heartbeat.” Scientists tracking the spread of bird flu are...
Hathras Stampede: Death toll rises to 121 occurred at a`satsang’

Hathras Stampede: Death toll rises to 121 occurred at a`satsang’

by AIP Online Bureau | Jul 2, 2024 | Disaster & Management, Indian News, Risk Management

“The incident happened due to overcrowding at the time when people were trying to leave the venue,” Hathras district administrator Ashish Kumar told reporters HATHRAS (UP): Over 121 people died and several others were injured in a stampede at a religious...
Auto sales growth slows down in June

Auto sales growth slows down in June

by AIP Online Bureau | Jul 2, 2024 | Data, Eco/Invest/Demography, Non-Life

According to industry figures, total domestic passenger vehicle (PV) sales last month stood at 340,784 units, up by about 12,000 units or 3.6%, when compared to June 2023 sales (328,710 units) New Delhi: On lack of fresh demand and the high base of last year, car...

Government working on aggregation of CA firms, accounting standards for insurance sector

by AIP Online Bureau | Jul 2, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation

Apart from the aggregation of CA (Chartered Accountants) firms, the corporate affairs ministry is also working on having accounting standards for the insurance sector and Limited Liability Partnerships (LLPs), Corporate Affairs Secretary Manoj Govil said New Delhi:...
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