by AIP Online Bureau | Jun 11, 2024 | International News, Non-Life, Reinsurance, Risk Management
“Passengers medically assessed as having sustained serious injuries, requiring long-term medical care, and requesting financial assistance are offered an advance payment of $25,000 to address their immediate needs,” that will form part of any final settlement, the...
by AIP Online Bureau | May 30, 2024 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Policy, Risk Management
The court said there was a need to declare heatwaves and cold waves “national calamities” and looking at the fact that a large number of people have lost their lives due to extreme heatwaves and heatstrokes during summers and chilling cold during winters,...
by AIP Online Bureau | Apr 25, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy
It said based on the “polluter pays principle”, the Agra nagar nigam is liable to pay environment compensation of Rs 58,39,20,000 (Rs 58.39 crore) while the Mathura-Vrindavan nagar nigam is liable to pay Rs.7,20,10,000 (Rs 7.20 crore) In a 200-page...
by AIP Online Bureau | Feb 11, 2024 | Eco/Invest/Demography, Indian News, Pandemic, Policy
In a judgment, the apex court had made clear that irrespective of the cause of death mentioned in the death certificate, if a family member satisfies the requisite eligibility criteria, he or she shall also be entitled to the ex gratia payment of Rs 50,000 on...
by AIP Online Bureau | Feb 7, 2024 | Banking & Bancassurance, International News, Regulation, Risk Management, Technology
Piyush Gupta,Chief Executive Officer, DBS Bank’ Last year’s outages at DBS that saw payment and ATM transactions stalled across the city-state also resulted in the variable compensation for the group management committee collectively cut by 21 per cent from a year...
