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Vivek Joshi named new DFS secy, Alka Upadhyaya new road and transport secy

Vivek Joshi named new DFS secy, Alka Upadhyaya new road and transport secy

by AIP Online Bureau | Oct 19, 2022 | Eco/Invest/Demography, Indian News, Policy

Vivek Joshi, Registrar General of India and Census Commissioner Registrar General of India and Census Commissioner, Ministry of Home Affairs, Vivek Joshi, will be the new secretary, Department of Financial Services, in place of Malhotra New Delhi: Registrar General of...

India’s domestic passenger volume rose 65% to 10 mn in September: DGCA

by AIP Online Bureau | Oct 19, 2022 | Data, Eco/Invest/Demography, Non-Life

The average passenger load factor of these carriers stood at 77.5 per cent against 72.5 per cent PLF delivered in August 2022, the DGCA data show. New Delhi: Domestic air passenger volume grew 64.61 per cent to 10.35 million in September over the same period last...

Hurricane Ian fallout will test Cat Bond investor appetite

by AIP Online Bureau | Oct 19, 2022 | Disaster & Management, International News, Non-Life, Reinsurance

Cat bonds are approximately 30% of the ILS market. Commentary from the Monte Carlo Rendezvous 2022 indicated a pipeline of ILS deals of $5 bil. of additional reinsurance capacity, which would benefit insurers facing a hardening market New York: Reinsurers facing...

Five hours of sleep each night linked to greater risk of several diseases: Study

by AIP Online Bureau | Oct 19, 2022 | Facts, Health

Researchers also found that sleep duration of five hours or less at age 50 was associated with 25% increased risk of mortality over the 25 years of follow-up – which can mainly be explained by the fact that short sleep duration increases the risk of chronic...

Rise and fall of ‘Covid Billionaires’, 26 from Asia

by AIP Online Bureau | Oct 19, 2022 | Eco/Invest/Demography, International News, Technology, Wealth Management/ Philanthropy

Out of the 58 Covid billionaires, 26 have citizenships in Asia, 18 hail from the US and Canada, and 10 from Europe. Just two are female: Falguni Nayar — founder of India’s first woman-led unicorn to go public, beauty retailer Nykaa — and Denise Coates, the co-CEO and...

Real estate, a better choice over gold & equities for investment: Report

by AIP Online Bureau | Oct 19, 2022 | Eco/Invest/Demography, Facts, Life

While gold has primarily remained a favourite investment for Indian households due to its liquidity and investment size flexibility and equities are highly volatile and easily impacted by social, political, and economic upheavals, real estate is hence always...

Dhariwal appointed as CEO of Max Life Pension Fund

by AIP Online Bureau | Oct 19, 2022 | Briefs, Pension & Social Security

Max Life Insurance on Tuesday announced the appointment of Ranbheer Singh Dhariwal as the Chief Executive Officer (CEO) of its wholly-owned subsidiary Max Life Pension Fund Management Ltd. Dhariwal’s appointment is effective October 15, Max Life Insurance...

NHAI InVIT subscribed by 6.69 times

by AIP Online Bureau | Oct 19, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

InvITs are instruments on the pattern of mutual funds, designed to pool money from investors and invest in assets that provides cash flows over a period of time New Delhi; National Highways Infra Trust’s investment instrument NHAI InvIT, sponsored by the...

Australian banks may have to rethink mortgages in risk areas -NAB

by AIP Online Bureau | Oct 18, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

Ross McEwan, chief executive officer of National Australia Bank Ltd said that as devastating floods become more frequent it raises questions about whether banks will help people buying assets in flood-prone areas and what the cost will be Australian banks may have to...

Rosneft moves into tanker chartering as EU ban looms

by AIP Online Bureau | Oct 18, 2022 | Workplace/Employee Benefits

With new, tighter Western sanctions looming, Rosneft’s customers are asking the company to handle delivery to the final destination by assuming costs of insurance and freight Russia’s biggest oil exporter Rosneft has expanded its tanker chartering business to ease oil...
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