by AIP Online Bureau | Nov 1, 2022 | Eco/Invest/Demography, Indian News, Non-Life
Days ago, the government launched the initiative to provide compensation to farmers, publicising the Rs 480 crore disbursal plan under the crop insurance scheme for 2021-22 to them, he said in a statement Chennai: The Tamil Nadu’s main opposition AIADMK on...
by AIP Online Bureau | Nov 1, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
Michael Debabrata Patra,Deputy Governor, Reserve Bank of India There is one commercial bank branch for every 9,000 citizens now from one branch for 40,000 citizens in 1972. Banks today operate around 2.25 lakh customer service points, including over 1.75 lakh ATMs. In...
by AIP Online Bureau | Nov 1, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The drop could bring down India’s total gold consumption in 2022 to around 750 tonnes, down 6% from last year’s 797.3 tonnes, he said India’s demand for gold rose 14% from a year ago to 191.7 tonnes in the quarter through September as festivals drove...
by AIP Online Bureau | Oct 31, 2022 | Facts, Technology
“But this video here is appalling and it’s made me feel very paranoid about my privacy. If I cannot have privacy in my own hotel room, then where can I really expect any personal space at all? “I’m not okay with this kind of fanaticism and...
by AIP Online Bureau | Oct 31, 2022 | Articles, Eco/Invest/Demography, Non-Life, Policy, Reinsurance, Risk Management, Technology
The successful adoption of autonomous vehicles in and by cities also requires innovative policies. Regulatory bodies need to emphasize how these vehicles interact with pedestrians and other vulnerable road users not only algorithmically but also through...
by AIP Online Bureau | Oct 31, 2022 | International News, Non-Life, Reinsurance
“From today we are pausing on quoting new shipments until we better understand the situation,” Ascot head of cargo Chris McGill told Reuters. “Insurance that has already been issued still stands.” London: Lloyd’s of London insurer Ascot is pausing writing cover...
by AIP Online Bureau | Oct 31, 2022 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Technology
One key topic for discussion will be how to disrupt such attacks, counter the illicit movement of cryptocurrencies and build resilience against such attacks, the official said The White House hopes the meeting will allow participating countries to “institute a...
by AIP Online Bureau | Oct 31, 2022 | Indian News, Regulation, Technology
Settlement in central bank money would reduce transaction costs by pre-empting the need for settlement guarantee infrastructure or for collateral to mitigate settlement risk Nine banks — State Bank of India (SBI), Bank of Baroda, Union Bank of India, HDFC Bank,...
by AIP Online Bureau | Oct 31, 2022 | Eco/Invest/Demography, Non-Life, Regulation, Reinsurance
Sam Woods,Deputy Governor Bank of England London: Turning the City – London’s financial district – into a “Wild West“ to attract more business after Brexit would be self-defeating as maintaining financial stability is key to competitiveness, Bank of England Deputy...
by AIP Online Bureau | Oct 31, 2022 | Facts, Non-Life, Reinsurance
“In states like UP, the unseasonal rain was more than 400 per cent above the normal. Overall, India has received a staggering 54 per cent above normal rains in October so far,” it said New Delhi: Unseasonal rains in parts of India in October may have a...
