by AIP Online Bureau | Jan 3, 2022 | Indian News, Regulation, Technology
The acquirer should incur all liabilities arising out of technical or transaction security issues at the merchant’s end. The RBI emphasised that offline payments will be covered under the provisions of its limited customer liability circulars Mumbai: To push...
by AIP Online Bureau | Jan 3, 2022 | Eco/Invest/Demography, Indian News, Policy
The total number of districts in the country in 2011, when the last census was conducted, was around 640. India now has about 100 more districts The number of statutory towns stands at 4,657 — up from 4,041 in 2011 and the number of census towns is 5,050 —...
by AIP Online Bureau | Jan 3, 2022 | Indian News, Policy
Central government officers/staff will have to follow staggered timing to avoid overcrowding in the offices, the order said New Delhi: The Centre has allowed 50 per cent of its employees below the level of Under Secretary to work from home amid rising coronavirus...
by AIP Online Bureau | Jan 3, 2022 | Indian News, Life, Non-Life, Regulation
The variable remuneration should be reduced where there is deterioration in the financial performance of the insurer. The deterioration in the financial performance should generally lead to a contraction in the total amount of variable remuneration, which can even be...
by AIP Online Bureau | Jan 3, 2022 | Health, Indian News, Non-Life, Pandemic, Regulation, Reinsurance
The insurance companies have put in place effective coordination mechanism with all their network providers (hospitals) for the purpose of making available seamless cashless facility to all policyholders in case of hospitalisation if any and render speedy services to...
by AIP Online Bureau | Jan 3, 2022 | Facts, Wealth Management/ Philanthropy
“What we found was when individuals evaluated an investment opportunity at a time that conflicted with their body’s natural internal clock — for example, a morning person or lark making a decision late in the day or evening — they tended to...
by AIP Online Bureau | Jan 3, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
India reported 33,750 new COVID-19 cases and 123 deaths in the last 24 hours, informed the Ministry of Health and Family Welfare on Monday. According to the ministry, the number of Omicron infections stands at 1,700 and it has spread to 23 states. Maharashtra is the...
by AIP Online Bureau | Jan 3, 2022 | Data, Eco/Invest/Demography
Urban unemployment rate rose to 9.3% in December from 8.2% in the previous month while the rural unemployment rate was up 7.3% from 6.4%, the data showed Many economists worry that the Omicron variant could reverse the economic recovery seen in the previous quarter...
by AIP Online Bureau | Jan 3, 2022 | Health, International News, Non-Life, Pandemic
In its latest update on Monday morning, the University’s Center for Systems Science and Engineering (CSSE) revealed that the current global caseload and the death toll stood at 290,065,951 and 5,443,444, respectively, while the total number of vaccine doses...
by AIP Online Bureau | Jan 3, 2022 | Eco/Invest/Demography, Facts, Risk Management, Wealth Management/ Philanthropy
These days, the Hungarian-born billionaire is well versed in cryptospeak. Peterffy, worth $25 billion, said it’s prudent to have 2 per cent to 3 per cent of one’s personal wealth in cryptocurrencies, just in case fiat currency goes to “hell.” Even as prices swung...
