by AIP Online Bureau | Aug 3, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Recomputing the compensation under various heads, including future earnings, attendant charges, pain and suffering, loss of amenities and future prospects, the Supreme Court enhanced the compensation to Rs 83.38 lakh with interest at 9 per cent per annum from the date...
by AIP Online Bureau | Aug 3, 2026 | International News, Risk Management, Technology
Boeing has faced a more stringent certification process since two fatal MAX 8 crashes in 2018 and 2019, as well as scrutiny of the company’s production and quality systems after a January 2024 mid-air cabin panel blowout on a nearly new Alaska Airlines MAX 9....
by AIP Online Bureau | Aug 3, 2026 | Data, Eco/Invest/Demography
According to figures tabled in the Lok Sabha by the Ministry of Road Transport and Highways (MoRTH), deaths on national highways and centrally managed expressways dropped 4.1 per cent in the past year, sliding from 64,772 to 62,122. New Delhi: For the first time since...
by AIP Online Bureau | Aug 3, 2026 | Data, Eco/Invest/Demography, Risk Management, Technology
“India’s accelerating AI adoption is creating immense opportunities for innovation, but it is also enabling cyber threats to evolve rapidly. The findings underscore that organisations using AI and strong governance, were significantly better positioned to...
by AIP Online Bureau | Aug 3, 2026 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Over the past 22 months, DIIs have invested a record $166 billion in Indian equities, more than offsetting cumulative foreign outflows of $58 billion during the same period. Mumbai: Backed by strong mutual fund inflows and sustained retail participation, DIIs have not...
by AIP Online Bureau | Aug 3, 2026 | Indian News, Intermediaries, Non-Life, Technology
Sanjeev Mantri,MD&CEO, ICICI Lombard General Insurance said that the penetration will not suffer even if regulator Irdai changes the commission structures to the proposed persistency-based one rather than the long-standing one of payments to distributors over the...
by AIP Online Bureau | Aug 3, 2026 | Indian News, Life, Policy, Wealth Management/ Philanthropy
“Offer for Sale in LIC opens tomorrow for Non-Retail investors. Retail investors can bid on Wednesday. Government offers to disinvest 2.5% equity with an additional 4% as a green shoe option. Floor price has been fixed as Rs 382 per share. This will help achieve...
by AIP Online Bureau | Aug 3, 2026 | Health, Indian News, Non-Life
Between 2019 and 2024, unnecessary hospital admissions have surged dramatically. Data shows Rs 94,247.6 crore in total health claims settled in 2024–25, with cashless-only admissions accounting for 66.4 per cent of the volume.The insurance industry receives hundreds...
by AIP Online Bureau | Aug 2, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
He said all subsidiaries also are well capitalised whether the PNB MetLife India Insurance, PNB Housing Finance or PNB Gilts. NEW DELHI: With its capital adequacy ratio exceeding 18 per cent, Punjab National Bank has no immediate plans to monetise its subsidiaries,...
by AIP Online Bureau | Aug 2, 2026 | Eco/Invest/Demography, Indian News
Mrutyunjay Mohapatra, director-genera,India Meteorological Department, Moderate El Nino conditions are prevailing and are expected to strengthen gradually, with the weather pattern likely to become strong by September MUMBAI: India is likely to receive below-average...
