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5G services in India by October 12, says IT Minister Vaishnaw

5G services in India by October 12, says IT Minister Vaishnaw

by AIP Online Bureau | Aug 25, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology

Ashwini Vaishnaw, Union IT minister The 5G services would be rolled out in a phased manner and during the first phase, 13 cities will get the 5G internet services The cities are Ahmedabad, Bengaluru, Chandigarh, Chennai, Delhi, Gandhinagar, Gurugram, Hyderabad,...

HDFC Bank picks up 9.94 % in Go Digit Life for Rs 120 crore

by AIP Online Bureau | Aug 25, 2022 | Indian News, Life

HDFC Bank’s investment has valued GO Digit Life , which is yet to be a licensed, at around Rs 1200 crore The partnership between Kamesh Goyal and Indian born Canadian billionaire Prem Watsa’s Fairfax, which already has a general insurance company, is now...
Indian insurance industry providing a higher return on equity than developed markets: IRDAI Chairman

Indian insurance industry providing a higher return on equity than developed markets: IRDAI Chairman

by AIP Online Bureau | Aug 25, 2022 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life

Debasish Panda,chairman,IRDAI  “Indian insurance companies on an average have provided a return of 23 per cent while US insurance industry’s return has been at 13 per cent, a point to note for our American counterparts,’’ said Panda, while addressing a...

People facing acute food insecurity reach 345 million worldwide – WFP

by AIP Online Bureau | Aug 24, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Pandemic

Before the coronavirus crisis, 135 million suffered from acute hunger worldwide, said Corinne Fleischer, the WFP’s regional director, told Reuters. The numbers have climbed since and are expected to soar further because of climate change and conflict The number...

Pandemic sets back Asia-Pacific’s poverty fight by 2 years – ADB

by AIP Online Bureau | Aug 24, 2022 | Eco/Invest/Demography, Health, International News, Pandemic

At least 20% of developing Asia’s population were either extremely or moderately poor in 2021. This proportion could be halved by 2030 if governments focus on resilience, innovation, and inclusiveness to provide more balanced economic opportunities and greater...

Park outside: Fire risk prompts Hyundai, Kia hitch recalls

by AIP Online Bureau | Aug 24, 2022 | International News, Non-Life, Risk Management, Technology

The Korean automakers are recalling more than 281,000 vehicles in the US because of the problem, but they haven’t figured out how to fix it yet. The automakers reported 25 fires or melting incidents in the US and Canada caused by the problem, but no crashes or...
Govt making investments on six fronts to strengthen healthcare services: PM Modi

Govt making investments on six fronts to strengthen healthcare services: PM Modi

by AIP Online Bureau | Aug 24, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life

Prime Minister Narendra Modi  The first front is encouraging prevention healthcare. The second one is opening small and modern hospitals. The third front is opening big institutes of medical colleges and research. The fourth front is increasing the number of...

General insurers can pay commissions to intermediaries upto 20% of their gross premium: IRDAI

by AIP Online Bureau | Aug 24, 2022 | Health, Indian News, Intermediaries, Non-Life, Reinsurance

After setting stiff premium targets for the insurers, the IRDAI in its “Exposure draft- Insurance Regulatory and Development Authority of India (Payment of Commission or Remuneration or Reward to Insurance Agents and Insurance Intermediaries) Regulations,...

Universal Sompo Gen Insurance partners with Repco Home Finance to insure home loans

by AIP Online Bureau | Aug 24, 2022 | Briefs, Non-Life

Universal Sompo General Insurance has partnered with Chennai based Repco Home Finance Ltd to insure their home loans This partnership will, additionally, disburse affordable insurance solutions from Universal Sompo General Insurance like Group Credit Protection,...
NTPC to foray into Nuclear power projects, plans 2 nuclear plants

NTPC to foray into Nuclear power projects, plans 2 nuclear plants

by AIP Online Bureau | Aug 24, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life

The country currently generates about 70% of its electricity using coal and around 3% from nuclear, and has opened its atomic industry to state-controlled firms beyond Nuclear Power Corp. of India Ltd. in a bid to speed adoption of nuclear energy New Delhi: India’s...
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