by AIP Online Bureau | Jan 30, 2021 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life, Regulation, Reinsurance, Risk Management
Subhash Chandra Khuntia, chairman,IRDAI “One of the demands of the brokers was to have their licenses in perpetuity. We can’t accept it.he current system, where each broker has to renew his license in every three years, is perfectly fine. Even,in some...
by AIP Online Bureau | Jan 30, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
Washington The total number of global coronavirus cases has topped 102 million, while the deaths have surged to more than 2.20 million, according to the Johns Hopkins University. In its latest update on Saturday morning, the University's Center...
by AIP Online Bureau | Jan 30, 2021 | Eco/Invest/Demography, Health, Indian News
MUMBAI: India plans to introduce a law to ban private cryptocurrencies such as bitcoin and put in place a framework for an official digital currency to be issued by the central bank, according to a legislative agenda listed by the government. The law will...
by AIP Online Bureau | Jan 30, 2021 | Eco/Invest/Demography, Indian News, Pension & Social Security
New Delhi: The Assets Under Management (AUM) of National Pension System (NPS) stands at Rs 4.94 lakh crore as on September 30, 2020, as compared to Rs 3.71 lakh crore at the end of September, 2019, thereby recording an overall growth (YoY)...
by AIP Online Bureau | Jan 30, 2021 | Eco/Invest/Demography, Indian News, Policy
New Delhi: Economic growth has a far greater impact on poverty alleviation than inequality and India needs to focus on growth to lift poor out of poverty, the Economic Survey for 2020-21 said on Friday. The Survey said that unlike in advanced economies, in India,...
by AIP Online Bureau | Jan 29, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News
New Delhi: The National Green Tribunal has refused to entertain a plea by Punjab government seeking directions to recover pending environmental compensation for burning crop residue from defaulting farmers as arrears of the land revenue. A bench headed by NGT...
by AIP Online Bureau | Jan 29, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
New Delhi: In India, insurance penetration which was 2.71 per cent in 2001 has steadily increased to 3.76 per cent in 2019.,according to the Economic Survey-2020-21presented by finance minister Nirmala Sitharaman on Friday. The country's insurance...
by AIP Online Bureau | Jan 29, 2021 | Eco/Invest/Demography, Health, Indian News, Policy
New Delhi: Highlighting the need for strong indigenous pharma companies, a Parliamentary panel has recommended that the pharma industry should be categorised as a "strategic sector" and called for a necessary follow-up action in this regard. In its report,...
by AIP Online Bureau | Jan 29, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Risk Management, Technology
New Delhi: Even as the recent COVID-19 pandemic has emphasised the importance of healthcare sector and its inter-linkages with other key sectors of the economy, a sectoral regulator to undertake regulation and supervision of the healthcare...
by AIP Online Bureau | Jan 29, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
NEW YORK: U.N. Secretary-General Antonio Guterres on Monday urged businesses to lead the way to a fair and sustainable recovery from the COVID-19 pandemic while tackling the climate crisis, adding the world had reached “a moment of truth.”Addressing a...