by AIP Online Bureau | Nov 29, 2025 | Workplace/Employee Benefits
The GDP growth came ahead of the festive season consumption boost on the back of the implementation of a significant reduction in the goods and services tax (GST) New Delhi: GDP growth, driven by strong domestic demand, resilient services exports, and low inflation,...
by AIP Online Bureau | Nov 29, 2025 | Indian News, Regulation, Risk Management, Technology
A total of 200 IndiGo planes have been affected, and software upgrades have been completed for 184 of them, while in the case of Air India, 113 aircraft have been impacted and upgrades have been done for 69 of them, DGCA data showed.In the case of Air India Express,...
by AIP Online Bureau | Nov 29, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy
Sitharaman described the gathering of all major PSU banks and insurance companies on one financial street as a historic first for any state capital in India Amaravati:Union Finance Minister Nirmala Sitharaman and Andhra Pradesh Chief Minister Chandrababu Naidu on...
by AIP Online Bureau | Nov 29, 2025 | Articles, Eco/Invest/Demography, Health, Non-Life, Policy, Regulation
Health insurance sector itself is facing headwinds with 12-15% medical inflation, opaque pricing structure, and strained insurer–hospital relations. Insurers are under stress with combined ratios above 110% and low single-digit RoEs. Cutting GST on health insurance to...
by AIP Online Bureau | Nov 29, 2025 | Articles, Eco/Invest/Demography, Life, Risk Management, Wealth Management/ Philanthropy
Along with changing customer needs, expanded datasets and increasing digitisation, the specialized skillset of actuaries is also paving the way for new age personalised and embedded products. Enabled by modern techniques, including machine learning and predictive...
by AIP Online Bureau | Nov 29, 2025 | International News, Technology
The advisory follows an unnerving incident on Oct. 30 involving a JetBlue plane flying from Cancun to Newark, New Jersey, that suffered a computer glitch, resulting in a sudden unexpected downward pitch without pilot input. Nobody was injured, and the jet diverted to...
by AIP Online Bureau | Nov 29, 2025 | Indian News, Regulation, Risk Management, Technology
Airbus said intense solar radiation might corrupt data critical to flight controls in a significant number of A320 family aircraft and that the software changes required to fix the issue would lead to operational disruptions New Delhi: As many as 338 A320 family...
by AIP Online Bureau | Nov 28, 2025 | International News, Non-Life, Reinsurance
John Neal, forner CEO, Lloyd’s AIG withdrew its employment offer to Neal, who had been set to join the company as president in December, after learning that the executive was being investigated at his former employer, Lloyd’s of London, the Wall Street Journal...
by AIP Online Bureau | Nov 28, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
More than 25 people were killed Thursday in landslides in the central mountainous tea-growing regions of Badulla and Nuwara Eliya, which is about 300 kilometres east of the capital, Colombo. Another 21 people were missing and 14 were injured in the Badulla and Nuwara...
by AIP Online Bureau | Nov 28, 2025 | Eco/Invest/Demography, Indian News, Policy
Plane leasing companies housed at Gujarat International Finance Tec-City, or GIFT City, currently get a tax waiver for 10 years. Expanding this benefit by five years will make GIFT City more attractive to lessors who typically make the bulk of the profit on an...
