by AIP Online Bureau | Oct 13, 2022 | Health, Indian News, Regulation
Maharashtra drug regulator’s direction comes a day after Indian health authorities said they had halted all production of New Delhi-based Maiden Pharmaceuticals following a WHO report that its cough and cold syrups exported to Gambia may be linked to the deaths...
by AIP Online Bureau | Oct 13, 2022 | Eco/Invest/Demography, Indian News
Nitin Gadkari, Road Transport and Highways Minister. Gadkari said that the InvIT, so far, has raised more than Rs 8,000 crore from foreign and Indian institutional investors.Infrastructure Investment Trusts (InvITs) are instruments on the pattern of mutual funds,...
by AIP Online Bureau | Oct 13, 2022 | Indian News, Life, Regulation
With the transfer of its life insurance business to HDFC Life, Exide Industries acquired 4.12 per cent stake in HDFC Life New Delhi: Insurance sector regulator Irdai has granted final approval to HDFC Life Insurance Company Ltd (HDFC Life) to merge Exide Life into the...
by AIP Online Bureau | Oct 13, 2022 | Eco/Invest/Demography, Indian News, Technology
According to an ICRA report, data centres capacity expansion in India by both foreign and local firms is expected to add investments to the tune of Rs 1.05 lakh to 1.2 lakh crore over the period of next five years. New Delhi: The government has accorded infrastructure...
by AIP Online Bureau | Oct 13, 2022 | International News, Non-Life, Reinsurance
The wholesale operation, headed by Andrew McMellin, is seeing significant growth and remains on track to achieve its ambitious goal of being a US$2bn (GWP) player by 2025, as part of Markel’s global insurance operation’s previously disclosed goal to reach $10 billion...
by AIP Online Bureau | Oct 13, 2022 | Indian News, Non-Life
Passenger vehicle (PV) dispatches from factories to dealerships in September 2021 stood at 1,60,212 units In the September quarter, PV sales increased by 38 per cent to 10,26,309 units, as against 7,41,442 units in the similar period of the last fiscal New Delhi:...
by AIP Online Bureau | Oct 13, 2022 | Eco/Invest/Demography, International News, Risk Management, Wealth Management/ Philanthropy
At least $718 million has been stolen so far in October alone, taking the gross tally for the year past $3 billion and putting 2022 on course to be a record for the total value hacked, according to blockchain specialist Chainalysis Inc. Most of the targets are...
by AIP Online Bureau | Oct 13, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Paul Murray, CEO Reinsurance Asia at Swiss Re India is vulnerable to weather risks and its adaptive capacity for climate change is low when measured against the Swiss Re Institute’s Climate Economics Index, which ranks India 45th (out of 48 markets), with only...
by AIP Online Bureau | Oct 13, 2022 | Eco/Invest/Demography, Facts, Pension & Social Security, Workplace/Employee Benefits
72% of women believe life insurance is integral to their financial planning post-Covid-19. The respondents from tier-3 cities feel more strongly about this. A savings plan was the most preferred among life insurance products, followed by term insurance. Pension plans...
by AIP Online Bureau | Oct 13, 2022 | Eco/Invest/Demography, Indian News
Pierre-Olivier Gourinchas, chief economist,IMF ”The way these digital tools can be deployed to improve financial inclusion or to facilitate access to administrative services, and things like that. And that is a testimony to the sort of innovation in that sector...
