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By 2027, 50% of business decisions will be augmented by AI agents for decision intelligence: Report

by AIP Online Bureau | Jun 17, 2025 | Data, Eco/Invest/Demography, Risk Management, Technology

Gartner’s key predictions include a significant increase in business decisions augmented or automated by AI agents, a direct correlation between executive AI literacy and higher financial performance, and potential critical failures in managing synthetic data...
DGCA says no ‘major safety concerns’ on Air India’s Boeing 787 fleet

DGCA says no ‘major safety concerns’ on Air India’s Boeing 787 fleet

by AIP Online Bureau | Jun 17, 2025 | Indian News, Risk Management

It advised the airline to strengthen internal coordination across engineering, operations, ground handling units and ensure availability of adequate spares to mitigate passenger delays resulting from such issues and strictly adhere to regulations. New Delhi: After...
Central banks favour gold over dollar for reserves, WGC survey

Central banks favour gold over dollar for reserves, WGC survey

by AIP Online Bureau | Jun 17, 2025 | Eco/Invest/Demography, International News, Policy, Wealth Management/ Philanthropy

“Gold’s performance during times of crisis, portfolio diversification and inflation hedging are some key themes driving plans to accumulate more gold over the coming year,” WGC LONDON: Central banks around the world expect their gold holdings as a...
Passenger vehicle wholesales marginally down at 3,44,656 units in May: SIAM

Passenger vehicle wholesales marginally down at 3,44,656 units in May: SIAM

by AIP Online Bureau | Jun 17, 2025 | Data, Eco/Invest/Demography, Non-Life

Total vehicle wholesales across categories were up 1.8 per cent at 20,12,969 units as against 19,76,674 units in May last year, it added. Domestic passenger vehicle wholesales were marginally down 0.8 per cent at 3,44,656 units in May this year as compared to 3,47,492...
Action plan should be made to tackle heat waves: Amit Shah

Action plan should be made to tackle heat waves: Amit Shah

by AIP Online Bureau | Jun 16, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Policy, Technology

Amit Shah ,Union Home Minister “For the first time, we have also created a National Disaster Risk Management Fund at the national level with ₹68,000 crore,” revealed Amit Shah New Delhi: Union Home Minister Amit Shah said over the past two years, workshops...
Air India’s Ahmedabad crash claim likely to hit around $475 million, liability losses can touch $350 million, says GIC Re

Air India’s Ahmedabad crash claim likely to hit around $475 million, liability losses can touch $350 million, says GIC Re

by AIP Online Bureau | Jun 16, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology

As surveyors and lawyers from London, appointed by reinsurers of Air India policy, are now camping in Ahmedabad to  take stock of devastation and prepare various loss reports including Hull and passenger liability  so that re/insurers will start paying...

Household savings in India drop to 18.1% of GDP in FY24: CareEdge Ratings

by AIP Online Bureau | Jun 15, 2025 | Data, Eco/Invest/Demography, Policy

On the other hand, household financial liabilities surged to 6.2 per cent of GDP, nearly doubling over the past decade, reflecting growing reliance on credit amid consumption needs, the report observed. New Delhi: India’s household savings continued their...
Pune Indrayani river bridge collapse: Four dead, 18 injured

Pune Indrayani river bridge collapse: Four dead, 18 injured

by AIP Online Bureau | Jun 15, 2025 | Disaster & Management, Indian News

Maharashtra Minister of Disaster Management Girish Mahajan, who was at the site monitoring rescue efforts, said the bridge collapsed under the weight of a large number of tourists PUNE: Four persons died and 18 were seriously injured after an old iron bridge on...
Air India’s Ahmedabad crash claim likely to hit around $475 million, liability losses can touch $350 million, says GIC Re

Plane crash DNA tests identify 47 victims, 24 bodies handed over to kin

by AIP Online Bureau | Jun 15, 2025 | Disaster & Management, Indian News, Non-Life, Reinsurance

The committee, headed by Union Home Secretary Govind Mohan, is mandated to ascertain the “root cause” of the plane crash and assess any contributing factors, including mechanical failure, human error, and regulatory compliances. The committee has been...
Iran-Israel war could hurt exports; increase insurance costs: Exporters

Iran-Israel war could hurt exports; increase insurance costs: Exporters

by AIP Online Bureau | Jun 15, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

“The war will further hurt global trade. The situation was gradually improving but now again the trade will be impacted. Our exports to Europe and countries like Russia may get hurt. Freight rates and insurance are expected to increase,” Federation of...
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