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49.48 lakh street vendors identified in India: Govt

by AIP Online Bureau | Feb 3, 2022 | Data, Eco/Invest/Demography

Union Housing and Urban Affairs Minister Hardeep Singh Puri said that for socio-economic upliftment of street vendors, the MoHUA launched, on January 4, 2021, ‘SVANidhi se Samriddhi’ in 125 urban local bodies New Delhi: Around 49.48 lakh street vendors...

Ask AIIMS to start treatment for rare diseases: Delhi HC tells Centre

by AIP Online Bureau | Feb 3, 2022 | Health, Indian News, Policy

The high court was told that petitioner children are suffering from rare diseases, including Duchenne Muscular Dystrophy (DMD) and Mucopolysaccharidosis II or MPS II (Hunter Syndrome), and seek a direction to the Centre to provide them uninterrupted and free of cost...

UK snack company hit by ransomware attack causing delays

by AIP Online Bureau | Feb 3, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“As soon as we became aware of the incident, we enacted our cybersecurity response plan and engaged a leading forensic information technology firm and legal counsel to assist us in our investigation,” added the British firm, well known for its crisps, or potato chips,...

Hackers target key European fuel-distribution firms

by AIP Online Bureau | Feb 3, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

The incidents serve as a reminder of how cyber security is becoming a growing concern across the oil industry. Last year, Colonial Pipeline Co. paid a ransom after a hack forced it to shut the largest fuel pipeline in the U.S., resulting in shortages at filling...

Pace of risks pricing increase in Asia continues to decline in q4 2021

by AIP Online Bureau | Feb 3, 2022 | International News, Non-Life, Reinsurance

Cyber remained the most challenging coverage area in Asia , driven by ransomware claims, with considerable pressure on pricing and deductibles, a reduction in capacity, and narrowing of key coverages, said Marsh Hong Kong: Insurance pricing in the fourth quarter of...

ICICI Lombard introduces innovative face scan feature

by AIP Online Bureau | Feb 3, 2022 | Briefs, Health, Technology

Mumbai, February 3, 2022: ICICI Lombard has introduced an innovative face scan feature to its signature app, IL TakeCare (ILTC), enabling the checking of vitals in couple of minutes.The banner of the app, helps users keep track of vitals such as blood pressure,...

Kotak General Insurance-CARS24 partnership to offer covers for used cars

by AIP Online Bureau | Feb 3, 2022 | Briefs, Non-Life

Kotak Mahindra General Insurance Company (Kotak General Insurance) has entered into a corporate agency agreement with CARS24 Financial Services Private Limited (CARS24 Financial Services), the financial arm of India’s leading e-commerce platform for pre-owned...
LIC IPO: Corporation’s embedded value set at over Rs 5 trn,DIPAM Secretary

LIC IPO: Corporation’s embedded value set at over Rs 5 trn,DIPAM Secretary

by AIP Online Bureau | Feb 3, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy

While there has been speculation about the number in Indian media – from as low as $53 billion to as high as $150 billion – this is the first time the government, which owns 100% of LIC, is commenting on the matter. The embedded value will help establish...
Teleworking during COVID: Risks, benefits and steps to a ‘new normal’

Teleworking during COVID: Risks, benefits and steps to a ‘new normal’

by AIP Online Bureau | Feb 3, 2022 | Articles, Health, Pandemic, Workplace/Employee Benefits

Without proper planning, organization and health and safety support, teleworking can lead to feelings of isolation, burnout, depression, eye strain, increased alcohol consumption and unhealthy weight gain More than two years since COVID-19 began disrupting office life...
Crypto’s like Bitcoin and Ethereum will never become a legal tender: Finance Secretary

Crypto’s like Bitcoin and Ethereum will never become a legal tender: Finance Secretary

by AIP Online Bureau | Feb 3, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology, Wealth Management/ Philanthropy

Finance Secretary TV Somanathan Finance Secretary said, “Digital rupee will be backed by RBI which will never default. Money will be of RBI but the nature will be digital. The digital rupee issued by RBI will be the legal tender. We can purchase non-digital assets...
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