by AIP Online Bureau | Nov 30, 2021 | Data, Eco/Invest/Demography, Workplace/Employee Benefits
Labour force refers to the part of the population which supplies or offers to supply labour for pursuing economic activities for the production of goods and services and therefore, includes both employed and unemployed persons. New Delhi: Unemployment rate for all...
by AIP Online Bureau | Nov 30, 2021 | Banking & Bancassurance, Indian News, Non-Life, Policy
Minister of State for Finance Bhagwat K Karad In a written reply to the Rajya Sabha, Minister of State for Finance Bhagwat K Karad said there is no proposal under consideration of the government at present for merger of public sector general insurance companies. New...
by AIP Online Bureau | Nov 30, 2021 | Briefs
Over six lakh Indians have given up their citizenship in the last five years, the Lok Sabha was informed on Tuesday. Union Minister of State for Home Nityanand Rai also said that as per the information available with the Ministry of External Affairs, a total number of...
by AIP Online Bureau | Nov 30, 2021 | Disaster & Management, Indian News
The Met office predicted “heavy to very heavy rainfall and extremely heavy falls” at isolated places over coastal Odisha and “heavy to very heavy” rainfall at isolated places over adjoining interior districts of Odisha, coastal districts of...
by AIP Online Bureau | Nov 30, 2021 | Eco/Invest/Demography, Facts, Technology, Workplace/Employee Benefits
Almost half of (47 per cent) the consumers in India think that the banking and financial services will be more profoundly impacted by AI, followed by manufacturing (44 per cent), education (42 per cent) and communications (41 per cent), the report noted. Among urban...
by AIP Online Bureau | Nov 30, 2021 | Banking & Bancassurance, Facts, Technology
The bank now digitally validates the e-Way Bill (i.e. proof of movement of goods) for the purpose of establishing the genuineness of underlying trade transactions. The adoption of this approach has enabled DBS to process transactions quicker without the need to obtain...
by AIP Online Bureau | Nov 30, 2021 | Banking & Bancassurance, Data
As per information received from the Reserve Bank of India (RBI), as on December 31, 2020, the total number of such accounts in Scheduled Commercial Banks (SCBs) was 8,13,34,849 and the amount of deposits in such accounts was Rs 24,356 crore, Sitharaman said in a...
by AIP Online Bureau | Nov 30, 2021 | Eco/Invest/Demography, Indian News, Risk Management
On asked if the government proposes to ban misleading advertisements in media, she said the guidelines of Advertising Standards Council of India are being studied and their regulations are also being looked into ”so that we can take, if necessary, some kind of...
by AIP Online Bureau | Nov 30, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy, Workplace/Employee Benefits
While underlining that the new variant doesn’t escape RT-PCR and RAT tests, Bhushan asked states and UTs to ensure adequate infrastructure and supervised home isolation, according to a health ministry. Bhalla also said that the contacts of the international...
by AIP Online Bureau | Nov 30, 2021 | Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Technology
Combining Willis Towers Watson’s Radar Live with CodeEast’s ONEview digital insurance platform provides a solution that maximises profit margins through real-time risk assessment and reduces operational costs by deploying state-of-the-art insurance product...
