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Munich Re rejigs top APAC team, Hitesh Kotak to lead Japan, India, Korea and South-East Asia

Munich Re rejigs top APAC team, Hitesh Kotak to lead Japan, India, Korea and South-East Asia

by AIP Online Bureau | Apr 18, 2024 | International News, Non-Life, Reinsurance

Hitesh Kotak will lead Munich Re’s Property & Causality (P&C) business in Japan, India, Korea and South-East Asia Surbhi Goel will be relocate to Mumbai from Singapore to be CEO India with effect from October 2024. Florian Gruson will be appointed CEO...
Nestle adds sugar to baby food sold in India but not in Europe

Nestle adds sugar to baby food sold in India but not in Europe

by AIP Online Bureau | Apr 18, 2024 | Data, Eco/Invest/Demography, Health

The report said that Nestle adds sugar to infant milk and cereal products in several countries which is a violation of international guidelines aimed at preventing obesity and chronic diseases. Violations were found only in Asian, African, and Latin American countries...
17 pc of world’s elderly population will be in India by 2050: CBRE

17 pc of world’s elderly population will be in India by 2050: CBRE

by AIP Online Bureau | Apr 18, 2024 | Data, Eco/Invest/Demography, Policy

“India’s senior population is expected to experience a remarkable 254% growth, making it the fastest-growing demographic segment globally. By 2050, India is projected to house up to 340 million seniors, constituting approximately 17% of the world’s...
UNFPA report reveals 24% of India’s population is under 14 years old, totaling 144 crore

UNFPA report reveals 24% of India’s population is under 14 years old, totaling 144 crore

by AIP Online Bureau | Apr 17, 2024 | Eco/Invest/Demography, Health, Indian News

The segment aged 10-24 is estimated to constitute 26 per cent, with the 15-64 age group making up 68 per cent. Additionally, 7 per cent of India’s population is aged 65 years and above, with men having a life expectancy of 71 years and women 74 years New Delhi:...
India to remain global growth driver in foreseeable future: IMF executive director

India to remain global growth driver in foreseeable future: IMF executive director

by AIP Online Bureau | Apr 17, 2024 | Eco/Invest/Demography, Indian News, Policy

Krishnamurthy V Subramaniam, executive director of the International Monetary Fund (IMF) Asked where India stands amid the current global economy, he responded, “I think India will continue to be the driver for global growth in the foreseeable future. The...
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