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As India swelters under extreme heat, Modi warns of fire risk

As India swelters under extreme heat, Modi warns of fire risk

by AIP Online Bureau | Apr 28, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News

Prime Minister Narendra Modi “We are seeing increasing incidents of fires in various places – in jungles, important buildings and in hospitals – in the past few days,” Modi said He asked states to conduct fire-safety audits for hospitals....

IP protection: India among most challenging economies, says USTR

by AIP Online Bureau | Apr 28, 2022 | Eco/Invest/Demography, Indian News, Policy, Regulation

While India made meaningful progress to promote IP protection and enforcement in some areas over the past year, it failed to resolve recent and long-standing challenges and it created new concerns for right holders, the report by US Trade Representative said...

SC says LIC bound by Constitution, directs fresh verification of claims of temporary workers

by AIP Online Bureau | Apr 28, 2022 | Life, Policy, Workplace/Employee Benefits

A bench of Justices DY Chandrachud, Surya Kant, and Vikram Nath made the remarks while deciding a four-decades-old dispute of temporary/badli/ part-time workers who were engaged by the LIC to discharge its functions on a batch of pleas for their claims of absorption...

90pc states publish draft rules on 4 labour codes, implementation imminent says Bhupender Yadav

by AIP Online Bureau | Apr 27, 2022 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits

The minister also said that the government is working to provide social security to the entire workforce in the country and that is why e-Shram portal or national database of informal workers is being created He informed that as many as 28 crore informal workers are...
Musk’s Twitter ambitions to collide with Europe’s tech rules

Musk’s Twitter ambitions to collide with Europe’s tech rules

by AIP Online Bureau | Apr 27, 2022 | Eco/Invest/Demography, International News, Technology

Elon Musk Elon Musk will soon be confronted with Europe’s Digital Services Act, which will require big tech companies like Twitter, Google, and Facebook parent Meta to police their platforms more strictly or face billions in fines Elon Musk’s Twitter...

Profitability of general insurance sector to improve in FY2023: ICRA

by AIP Online Bureau | Apr 27, 2022 | Indian News, Non-Life

The combined ratio across the industry deteriorated to 119% in 9M FY2022 from 112% in 9M FY2021 with increase in health claims Covid claims accounted for 6% of the total number of health claims paid in FY2021 and are expected to form around 11-12% of the total number...
Bruce de Broize appointed as MD & CEO of Future Generali India Life Insurance

Bruce de Broize appointed as MD & CEO of Future Generali India Life Insurance

by AIP Online Bureau | Apr 27, 2022 | Indian News, Life

Bruce de Broize, MD and CEO, Future Generali India Life Insurance The appointment follows Generali’s move to consolidate its position in FGILI by completing the transaction to become the majority stakeholder Mumbai: Generali Asia on Wednesday has announced the...
Boeing shares sink on fresh 777X setbacks, array of charges

Boeing shares sink on fresh 777X setbacks, array of charges

by AIP Online Bureau | Apr 27, 2022 | International News, Regulation

“We are concerned that this delay (in 777X delivery) may allow airlines to cancel without penalty,” Citi Research analyst Charles Armitage said. Reuters reported last month that the Federal Aviation Administration had warned Boeing that existing...
Govt says LIC share sale right-sized to make it sail through

Govt says LIC share sale right-sized to make it sail through

by AIP Online Bureau | Apr 27, 2022 | Indian News, Life, Wealth Management/ Philanthropy

(L to R) MR Kumar, chairman, LIC and Tuhin Kanta Pandey, secretary, Dipam at a press conference in Mumbai to announce LIC IPO “The valuation process itself is essentially a discovery process. Because you don’t know what we are comparing it with? Is LIC equal to...

70% who took booster didn’t get Covid in third wave, says study

by AIP Online Bureau | Apr 27, 2022 | Eco/Invest/Demography, Facts, Health, Pandemic

The study also showed that the third wave affected those aged below 40 the most — around 45 per cent of them contracted the disease. The researchers also concluded that a long gap after the second dose correlated with a higher chance of infection during the...
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