by AIP Online Bureau | Mar 22, 2022 | International News, Non-Life, Reinsurance, Risk Management, Technology
It’s too soon to know what caused the China Eastern accident, and investigations can take months or years to unfold. The lost airplane was relatively young, flying commercially for about seven years. Leading causes of such accidents tend to be maintenance issues,...
by AIP Online Bureau | Mar 22, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy
Shatikanta Das,Governor,Reserve Bank of India Firmly ruling out the prospects of the economy falling into stagflation — a situation of prices shooting over the roof and growth plunging — Reserve Bank Governor Shatikanta Das on Monday instead said prices...
by AIP Online Bureau | Mar 22, 2022 | Indian News, Technology
When asked what steps the Directorate General of Civil Aviation (DGCA) is taking following Monday’s crash, Kumar told PTI, “Flight safety is serious business and we are closely studying the situation. In the interim, we are focusing on enhanced...
by AIP Online Bureau | Mar 22, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security, Workplace/Employee Benefits
Finance Minister Nirmala Sitharaman cited the comparative prevailing interest rates of other schemes saying Sukanya Samriddhi Yojana offers 7.6 per cent, Senior Citizen saving scheme (7.4 per cent) and PPF (7.1 per cent), while SBI’s 5-10 year fixed deposits...
by AIP Online Bureau | Mar 22, 2022 | Facts, Health, Policy, Risk Management
Every hour there are 35 accidents and one death in every four minutes and ”this is quite untenable,” he said adding how many trauma centres are being set up to deal with the road accident cases. New Delhi; Expressing concern over road accidents and deaths,...
by AIP Online Bureau | Mar 21, 2022 | Indian News, Non-Life, Policy
Bhagwat Karad, minister of state, ministry of finance As per inputs received from Department of investment and Public Asset Management(DIPAM), the government has not yet decided on the public sector general insurance companies that are to be privatised The government...
by AIP Online Bureau | Mar 21, 2022 | International News, Non-Life, Reinsurance
Warren Buffett, chairman, Berkshire Hathaway Inc Buffett is diving deeper into the world of insurance with the Alleghany deal, an industry that has been key to the growth of Berkshire into a conglomerate with a market value of more than $750 billion With Alleghany,...
by AIP Online Bureau | Mar 21, 2022 | Eco/Invest/Demography, Indian News, Non-Life
According to Airbus India President Remi Maillard said: “We are in talks with all airlines.” , India is set to witness a massive growth in outbound passenger traffic As per estimates, India is expected to witness growth of 6.2 per cent in international air...
by AIP Online Bureau | Mar 21, 2022 | Health, Indian News, Pandemic
The government is debating whether to provide boosters to other groups for free, said one of the sources, who both sought anonymity as the government has yet to make a decision. A health ministry spokesperson did not immediately respond to a request for comment New...
by AIP Online Bureau | Mar 21, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy
As per the updated financials, the Life Insurance Corporation reported a net profit of Rs 235 crore in the October-December quarter. The net profit in April-December, 2021, increased to Rs 1,671.57 crore from Rs 7.08 crore a year ago Mumbai: The government has filed...
