by AIP Online Bureau | Feb 20, 2022 | Indian News, Life, Non-Life, Regulation
Reliance Capital has two insurance companies, Reliance General Insurance and Reliance Nippon Life Insurance Company, as subsidiaries Mumbai: As part of the resolution process, the RBI-appointed administrator on Friday invited expressions of interest (EoIs) for sale of...
by AIP Online Bureau | Feb 20, 2022 | Climate, Environment, Renewable Energy, Facts
In a statement, Ronojoy Dutta, Chief Executive Officer, IndiGo said, We are pleased to take delivery of this Airbus aircraft which will run on sustainable aviation fuel (SAF), as part of our journey towards sustainable aviation” IndiGo had in July 2021 said it...
by AIP Online Bureau | Feb 20, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance
The US continues to be the worst-hit country with the world’s highest number of cases and deaths at 78,457,081 and 934,951, according to the CSSE The second worst hit country in terms of cases is India (42,780,235 infections and 510,905 deaths), followed by...
by AIP Online Bureau | Feb 20, 2022 | Indian News, Non-Life, Reinsurance, Technology
Pradhan Mantri Fasal Bima Yojana (PMFBY) enters its 7th year of implementation Over 36 crore farmer applications have been insured under PMFBY Over Rs. 1,07,059 crores of claims have already been paid under the scheme Around 85% of the farmers enrolled with the scheme...
by AIP Online Bureau | Feb 19, 2022 | Eco/Invest/Demography, Indian News, Technology
The night navigation mobile application was developed by the transport department in association with K Raju, the principal scientist of IIT Madras and will survey the draft of the rivers, the spokesperson said. Guwahati: The first night navigation mobile application...
by AIP Online Bureau | Feb 19, 2022 | Indian News, Non-Life, Regulation, Reinsurance
Aggrieved by a SAT order, the IRDAI and its former member PJ Joseph had filed an appeal in the SC ,which the insurance regulator claimed was issued without giving it a proper hearing. The other parties in the long drawn case are few insurance brokers including Atkins...
by AIP Online Bureau | Feb 19, 2022 | Eco/Invest/Demography, International News, Risk Management, Wealth Management/ Philanthropy
“When you hear ‘death cross’ your antenna goes up,” Jay Woods, chief market strategist at DriveWealth Institutional, said in a phone interview. “It doesn’t always mean doom and gloom is coming. It just means we’ll likely be in a more extended downtrend.” With...
by AIP Online Bureau | Feb 19, 2022 | Eco/Invest/Demography, International News, Policy
Years of negotiations culminated last October when nearly 140 countries reached a deal on a minimum tax rate of 15% on multinationals and agreed to make it harder for companies like Google, Amazon and Facebook to avoid tax by booking profits in low-tax jurisdictions...
by AIP Online Bureau | Feb 19, 2022 | Eco/Invest/Demography, Facts, Workplace/Employee Benefits
Indra Nooyi, former chief executive, Pepsi Nooyi said families are “fragile” systems and if something happens to anyone in it, there will be economic trouble because sufficient money is not set aside and in such a scenario, the obvious impact will be delayed child...
by AIP Online Bureau | Feb 19, 2022 | Eco/Invest/Demography, International News, Policy, Risk Management
Their statement instead said: “We will also continue to monitor major global risks, including from geopolitical tensions that are arising, and macroeconomic and financial vulnerabilities.” G20 finance leaders on Friday watered down language on global...
