by AIP Online Bureau | Feb 3, 2022 | Data, Eco/Invest/Demography
CMIE MD and CEO Mahesh Vyas, in his analysis of the December data, said 35 million people were actively looking for work in December 2021, of which 23 per cent or 8 million were women. New Delhi: India’s unemployment rate witnessed a sharp decline to 6.57 per...
by AIP Online Bureau | Feb 3, 2022 | Indian News, Life, Regulation
PNB had acquired a stake in the life insurer post amalgamation of the erstwhile Oriental Bank of Commerce (OBC) with the bank in FY20 Canara Bank owns 51 per cent stake, while HSBC Insurance (Asia Pacific) Holdings Ltd as a foreign partner owns 26 per cent. New Delhi:...
by AIP Online Bureau | Feb 2, 2022 | Indian News, Life
LIC,which is bound for the nation’s largest share sale by March, is the strongest and the largest brand in the country with a valuation of $8.656 billion (around Rs 64,722 crore), which also makes it the third strongest insurance brand globally, according to a...
by AIP Online Bureau | Feb 2, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy
Secretary in the department of investment and public asset management (DIPAM) Tuhin Kanta Pandey, said approval of the insurance regulator is awaited, post which the draft prospectus, detailing the size of the share sale, will be filed. New Delhi: Government is likely...
by AIP Online Bureau | Feb 2, 2022 | Indian News, Life, Non-Life, Regulation, Reinsurance
-Prior to the global merger- AXA group acquired XL group in 2018- both the groups had their own FRBs in India and are continuing to operate as separate entities in the country till now -IRDA confirms its stand formally to allow only one FRB belonging to the group....
by AIP Online Bureau | Feb 2, 2022 | Indian News, Non-Life
Gadkari said that while jumping red light led to 2,721 accidents, the use of mobile phones while driving caused 6,753 accidents According to the minister, a total of 62,738 accidents occurred due to other reasons New Delhi: Drunk driving led to Rs 8,355 road...
by AIP Online Bureau | Feb 2, 2022 | Indian News, Policy, Technology
The meeting was a follow-up to the I&B ministry’s use of “emergency powers” in December and January to order the blocking of 55 channels on Google’s YouTube platform, and some Twitter and Facebook accounts New Delhi; Indian officials have...
by AIP Online Bureau | Feb 2, 2022 | Health, International News, Pandemic, Policy
BA.2 is more transmissible than the more common BA.1 and more able to infect vaccinated people, according to a Danish study which analysed coronavirus infections in more than 8,500 Danish households between December and January. The subvariant is already becoming...
by AIP Online Bureau | Feb 2, 2022 | Workplace/Employee Benefits
Cruise, Tesla, Alphabet Inc’s Waymo and Aurora Innovation Inc are among many companies aiming to deploy fully autonomous vehicle technology in the United States within the next two to three years, whether or not federal regulators give them a clear legal...
by AIP Online Bureau | Feb 2, 2022 | Health, Indian News, Life, Non-Life, Pension & Social Security, Policy
“We are confident that the proposed measures such as the National Digital Health Ecosystem and the tele mental health program will raise awareness, and in turn encourage people to opt for health insurance,’’ said. PC Kandpal, MD & CEO, SBI General Insurance...
