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IRDA to unveil standard Term Policy and covers for MSME and small dwellings soon:Khuntia 

by AIP Online Bureau | Sep 17, 2020 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic, Regulation, Reinsurance, Risk Management

  New Delhi: In  a bid to push the insurance penetration further in the country, the Insurance Regulatory and Development Authority of India (Irdai) has decided to enlarge its basket of existing standard products by launching solutions for MSMEs,small...

India ranks 116 in World Bank’s Human Capital Index

by AIP Online Bureau | Sep 17, 2020 | Eco/Invest/Demography, Facts

  India has been ranked at the 116th position in the latest edition of the World Bank's annual Human Capital Index that benchmarks key components of human capital across countries. However, India's score increased to 0.49 from 0.44 in 2018, as per the...

Energy transition to have transformative effect on Mining sector:WTW

by AIP Online Bureau | Sep 17, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

  Singapore: Climate change and Environmental Social Governance (ESG) will transform the energy industry risk landscape, according to Willis Towers Watson(WTW) at the launch of its annual Mining Risk Review. This transformation is taking place against the...

 Boeing hid design flaws in 737 Max from pilots, regulators: US panel

by AIP Online Bureau | Sep 17, 2020 | International News, Non-Life, Risk Management, Technology

  Sweeping failures by Boeing Co. engineers, deception by the company and significant errors in government oversight led to the two fatal crashes of the 737 Max, congressional investigators have concluded. A 245-page report issued Wednesday provides the most...

Global coronavirus cases to soon surpass 30 million: Reuters tally

by AIP Online Bureau | Sep 16, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Pandemic

Global coronavirus cases are expected to pass 30 million on Thursday, according to a Reuters tally, with the pandemic showing no signs of slowing.India was firmly in focus as the latest epicentre, although North and South America combined accounted for almost half of...

India’s coronavirus cases jump by daily record of 97,894

by AIP Online Bureau | Sep 16, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic

BENGALURU: A record single-day increase of 97,894 infections pushed India's COVID-19 tally to over 51 lakh, while the number of people who have recuperated from the disease crossed 40 lakh on Thursday, according to the Union Health Ministry data. With 5.12 million...

Centre approved anti-viral medicines to treat COVID-19 patients, says SC

by AIP Online Bureau | Sep 16, 2020 | Eco/Invest/Demography, Health, Indian News, Pandemic, Policy

New Delhi: The Supreme Court on Wednesday said there was an approval by the Central government on use of Remdesivir and Fabiparivir as medicines to treat COVID-19. The top court was hearing a plea seeking registration of an FIR by the CBI against ten Indian...

Nifty50 ETFs’ assets base crosses Rs 1 trn, asset under management Rs 2 trn

by AIP Online Bureau | Sep 16, 2020 | Eco/Invest/Demography, Indian News

  New Delhi: The National Stock Exchange (NSE) on Wednesday said asset base of all the exchange-traded funds (ETFs) tracking Nifty 50 index in the country has crossed Rs 1 trillion, which indicates growing investors' interest in such products. Also, the total...

Airlines in India seek $1.5 bn in interest-free credit line, says govt

by AIP Online Bureau | Sep 16, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic

Airlines in India are seeking at least $1.5 billion as an interest-free credit line from the government, Civil Aviation Minister Hardeep Singh Puri said, as lockdowns and restrictions linked to the coronavirus pandemic hit demand for air travel. The carriers in what...

Despite market volatility, LIC made Rs 13k cr profit in equity till Aug: MD

by AIP Online Bureau | Sep 16, 2020 | Eco/Invest/Demography, Indian News, Life, Pandemic

  Mumbai: Life Insurance Corporation (LIC), which is preparing for its Initial Public Offer (IPO) despite volatility in the stock market, has already made a profit of Rs 13,000 crore from its equity portfolio till August this year, a top official said on...
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