by AIP Online Bureau | Nov 2, 2022 | Briefs, Life, Non-Life
Senior bureaucrat Vivek Joshi on Tuesday took charge as the Secretary of the Department of Financial Services (DFS) under the Ministry of Finance. Joshi replaced Sanjay Malhotra who is slated to take over as Revenue Secretary.rior to this appointment, Joshi, a 1989...
by AIP Online Bureau | Nov 1, 2022 | Eco/Invest/Demography, Facts, Health, Workplace/Employee Benefits
Among young people who had a stroke, there was a significant increase in the proportion of those in more skilled occupations, particularly professional or managerial jobs, the study said. Incidence of stroke in young adults have witnessed a sharp increase, according...
by AIP Online Bureau | Nov 1, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology
The e-rupee will be tested for retail use within a month in some locations, the Reserve Bank of India said on Monday. The launch comes as India steps up its fight against private digital currencies. Officials announced a new tax regime this year that decimated volumes...
by AIP Online Bureau | Nov 1, 2022 | Eco/Invest/Demography, Indian News, Non-Life
Automobile makers led by Maruti Suzuki, Hyundai and Tata Motors, along with Mahindra & Mahindra, Kia India and Honda Cars India on Tuesday reported strong sales of passenger vehicles in the domestic market riding on strong festive season demand. However, in the...
by AIP Online Bureau | Nov 1, 2022 | Data, Life
”Holding in the company has crossed 5 per cent on October 31, 2022,” LIC said. The acquisition of shares were done during the period from December 3, 2021 to October 31, 2022 at an average cost of Rs 455.69. Mumbai: Shareholding by Life Insurance...
by AIP Online Bureau | Nov 1, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News, Technology
It will contain login-based specific and secured information about road users, including their driving licence, safe driving scores, validity of licence, insurance policy, e-challan and penalties, if any, as well as vehicle details such as registration, challan and...
by AIP Online Bureau | Nov 1, 2022 | Intermediaries, International News, Non-Life, Reinsurance
“Combining the teams’ expertise, reputation, relationships, and revenue, will result in continued acceleration of Lockton Korea’s growth trajectory and position as a leading insurance brokerage,” said Juyeol Lee, President of Lockton Korea...
by AIP Online Bureau | Nov 1, 2022 | Indian News, Pension & Social Security, Policy
Bhupender Yadav,Union Labour Minister ”We have subsumed 29 labour laws into four broad codes. These codes provide for expansion of social security schemes, including EPFO,” the minister said New Delhi; Union Labour Minister Bhupender Yadav on Tuesday said...
by AIP Online Bureau | Nov 1, 2022 | Indian News, Non-Life, Reinsurance
Significantly none of the domestic airlines, including two listed companies — IndiGo and SpiceJet — have so far made any public announcement on the grounding of the planes. “These will have a significant impact on financials in the second...
by AIP Online Bureau | Nov 1, 2022 | Eco/Invest/Demography, Intermediaries, International News, Life, Non-Life, Risk Management, Technology
In this most recent quarter, 53.5% of all disclosed APAC funding went into India-based InsurTechs, which raised an impressive $210.76 million. In terms of all deals ever completed, InsurTechs from 18 APAC countries have raised $7.77 billion through 447 deals , which...
