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MP: Youth kills father for Rs 10 lakh insurance money in Barwani, arrested

by AIP Online Bureau | Nov 19, 2022 | Indian News, Life

When the police team check the CCTV footage and cyber reports, they grew suspicious and interrogated the people concerned then it came to light that Anil along with three others hatched a conspiracy to kill his father Barwani, Madhya Pradesh: A youth hatched a...

Twitter should convey how it is protecting Americans’ online data: White House official

by AIP Online Bureau | Nov 19, 2022 | International News, Technology

WASHINGTON: A White House official said Friday that “this administration believes every company – including social media companies – should take all necessary steps to protect the safety of Americans’ online data.” “Twitter should speak to how they...

UNDP launches Crisis Academy to prepare new generation of crisis leaders

by AIP Online Bureau | Nov 19, 2022 | Disaster & Management, Eco/Invest/Demography, Facts

The virtual inauguration highlighted an innovative learning experience, where participants played arcade games to learn about Crisis Academy’s six digital campuses namely SURGE Crisis response, Stabilization, Humanitarian-Development-Peace Nexus, Community...

Govt raises maximum tenure of PSU banks’ CEO to 10 years

by AIP Online Bureau | Nov 18, 2022 | Banking & Bancassurance, Indian News, Policy

As per a government notification dated November 17, 2022, the term for the appointment has been extended to 10 years, from the earlier 5 years, subject to superannuation age of 60 years The decision of the government would help banks to retain the talent who rise to...

SC refuses to entertain pleas on two-child norm for controlling population

by AIP Online Bureau | Nov 18, 2022 | Eco/Invest/Demography, Indian News

The plea said the high court failed to appreciate that the right to clean air, right to drinking water, right to health, right to peaceful sleep, right to shelter, right to livelihood and right to education guaranteed under Articles 21 and 21A of the Constitution...

No proposal on loss and damage funding in draft COP 27 climate deal document

by AIP Online Bureau | Nov 18, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

Loss and damage refer to the consequences of climate change that go beyond what people can adapt to, or when options exist but a community doesn’t have the resources to access or utilise them Financing or a new fund for addressing loss and damage — for example money...

Analysis: India power binges on coal, outpaces Asia

by AIP Online Bureau | Nov 18, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

India’s government has said it was committed to achieve net zero emissions by 2070, and official data reviewed by Reuters shows that renewable energy generation grew 21% in March to October, even as coal use for power increased. MUMBAI: India’s coal-fired power...
Govt proposes penalty of up to Rs 500 cr for data breach under Data Protection Bill

Govt proposes penalty of up to Rs 500 cr for data breach under Data Protection Bill

by AIP Online Bureau | Nov 18, 2022 | Indian News, Non-Life, Policy, Regulation, Risk Management, Technology

The draft bill, renamed as The Digital Personal Data Protection Bill, 2022, has laid out the conditions for collecting data and the consent of the people whose data would be processed. New Delhi: The government has raised the penalty amount to up to Rs 500 crore for...
Emerging Risks: Financial sector reliance on 2-3 big tech cos poses major risks, says Axis Bank CEO

Emerging Risks: Financial sector reliance on 2-3 big tech cos poses major risks, says Axis Bank CEO

by AIP Online Bureau | Nov 18, 2022 | Banking & Bancassurance, Indian News, Risk Management, Technology

Amitabh Chaudhry, managing director and chief executive warned that “the country’s banking system now relies on two three big companies for their software service requirements, and this can lead to emerging risks in case these companies stop investing and...

AUM Asset Management launches ILS Ocean Fund Investing in ILS

by AIP Online Bureau | Nov 18, 2022 | International News, Non-Life, Reinsurance

The underwriting strategy for The Fund will mirror that of the captive insurance company in which it is invested, Ocean International Reinsurance Co Ltd. (“Ocean RE”), and will take a vertical cut of all lines of business (excluding Life Business),...
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