by AIP Online Bureau | Jul 9, 2025 | Eco/Invest/Demography, International News
In a claim filed with Ontario’s Superior Court last month, PricewaterhouseCoopers alleged that EY issued unqualified opinions on Bridging’s books from 2014 to 2020 despite red flags, including inflated asset values and hidden defaults. Bridging Finance Inc.’s receiver...
by AIP Online Bureau | Jul 9, 2025 | Briefs, Non-Life, Regulation
After ICICI Lombard General Insurance, the Bombay High Court has set aside a Rs 170.29 crore GST demand against Prem Watsa invested Go Digit General Insurance and ordered the tax department to reconsider the case. An assessment was raised by the Chennai South GST...
by AIP Online Bureau | Jul 9, 2025 | Indian News
Moving a fuel control switch from “RUN to CUTOFF” in flight would cause the fuel supply to stop flowing to the associated engine. This may result in its immediate shutdown and the loss of any thrust, according to Air Current. That would also stop the two...
by AIP Online Bureau | Jul 9, 2025 | Eco/Invest/Demography, Indian News
According to the latest flood bulletin issued on Wednesday, there are no stations currently in an “extreme flood situation”, where the previous highest flood level (HFL) is equalled or exceeded New Delhi: Seventeen river gauge stations across India are currently above...
by AIP Online Bureau | Jul 9, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The overall net assets under management (AUM) of the mutual fund industry rose to an all-time high of Rs 74.41 lakh crore as against Rs 72.20 lakh crore in May and Rs 69.99 lakh crore in April, according to the AMFI data. New Delhi: Mutual fund systemic investment...
by AIP Online Bureau | Jul 9, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
Jérôme Haegeli, Swiss Re’s Group Chief Economist, said: “While insurers’ profitability outlook is still benefiting from rising investment income, we expect tariffs to slow global GDP growth, and consequently weigh on insurance demand. In the long...
by AIP Online Bureau | Jul 9, 2025 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Risk Management, Technology
Countries such as China, India, Japan, South Korea and in ASEAN are accelerating the deployment of solar, wind, hydro and emerging technologies, including hybrid installations that integrate batter energy storage systems (BESS) and floating solar photovoltaics (FPV)...
by AIP Online Bureau | Jul 9, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Pension & Social Security, Policy
The unions’ demands include doing away with the four labour codes, contractualisation, privatisation of PSUs, increasing minimum wages to Rs 26,000 per month, as well as the demands of farmer organisations for minimum support price for crops based on Swaminathan...
by AIP Online Bureau | Jul 9, 2025 | Briefs, Eco/Invest/Demography, Health, Pension & Social Security
Maharashtra Labour Minister Akash Fundkar on Tuesday said ‘gig workers’ or those who work for online ‘platforms’ or companies such as Zomato need social security, and the state government will come up with a law for them. Speaking in the...
by AIP Online Bureau | Jul 8, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology
Marco Rubio US ,Secretary of State The misuse of AI to deceive people is likely to grow as the technology improves and becomes more widely available, and the FBI warned this past spring about “malicious actors” impersonating senior U.S. government officials in a text...
