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Moody’s cuts India outlook to negative, predicts ‘prolonged slower growth

by AIP Online Bureau | Nov 8, 2019 | Eco/Invest/Demography, Indian News, Risk Management

  New Delhi: India’s credit ratings outlook was cut to negative by Moody’s Investors Service, the first step toward a downgrade, as concerns mount the economic slowdown will be prolonged and debt will rise.   Moody’s projects a budget...

India registers 26.9 per cent decline in Maternal Mortality Rate since 2013: SRS Bulletin

by AIP Online Bureau | Nov 7, 2019 | Uncategorized

  NEW DELHI: India has registered a 26.9 per cent reduction in Maternal Mortality Ratio (MMR) since 2013, according to the Sample Registration System Bulletin-2016 released on Thursday. The decline in MMR has been from 77 to 72 per 100,000 live births among...

Global debt load surges to new all-time record high of $188 trn: IMF chief

by AIP Online Bureau | Nov 7, 2019 | Eco/Invest/Demography, International News, Risk Management

  Washington: The global debt load has surged to a new all-time record equivalent to more than double the world's economic output, IMF chief Kristalina Georgieva warned Thursday.   While private sector borrowing accounts for the vast majority of the...

Japan to suffer minimum $10bn economic loss from Typhoon Hagibis, according to Aon catastrophe report

by AIP Online Bureau | Nov 7, 2019 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

                                     CHICAGO: The latest Catastrophe Recap report by  Aon Plc reveals that Typhoon Hagibis made landfall in Japan’s Iza...

Govt not planning to help banks rescue DHFL: Report

by AIP Online Bureau | Nov 7, 2019 | Eco/Invest/Demography, Indian News, Life, Non-Life, Risk Management

  New Delhi: The government has no plans to participate in the rescue of Dewan Housing Finance Corporation Ltd, according to two sources involved in talks between bankers and officials over how to restructure the shadow bank's near ₹1 trillion ($14.08...

Underwater volcanic eruption creates new bigger island in Tongan archipelago

by AIP Online Bureau | Nov 7, 2019 | Disaster & Management, Eco/Invest/Demography, Facts

  Nuku'alofa (Tonga):  An undersea volcanic eruption in the Tongan archipelago has sunk one island and created another three times larger, according to a report by geologists released Thursday.   Taaniela Kula, of the Tonga Geological Service, said...

Facebook employing user data as a weapon against rivals: Report

by AIP Online Bureau | Nov 7, 2019 | Eco/Invest/Demography, International News, Risk Management, Technology

Leaked documents from a civil suit against Facebook show how the social network aimed to employ user data as a tool for bargaining and to manipulate competitors, NBC News reported on Wednesday.   Some 7,000 pages of documents reveal how Facebook chief Mark...

IMF wants govt to be more credible, transparent on fiscal numbers

by AIP Online Bureau | Nov 7, 2019 | Eco/Invest/Demography, Indian News, Risk Management

Mumbai: New Delhi needs to become more "transparent" on the fiscal numbers as it is a "laggard" among the G20 peers on this front, a senior official from the International Monetary Fund said here on Wednesday.   The government has been missing...

IRDA frames regulations on wellness benefits in health insurance products

by AIP Online Bureau | Nov 7, 2019 | Health

  Hyderabad: The insurance regulator IRDAI on Thursday has proposed guidelines, specifying the rewards that can be offered as wellness benefits in the health insurance products along with the requirement of disclosing in the policy contract about the...

IRDAI shuts down Anil Ambani’s health insurance co,merge it with Reliance General

by AIP Online Bureau | Nov 6, 2019 | Indian News, Non-Life, Regulation

  Hyderabad: In an unprecedented move, the insurance regulator IRDAI on Wednesday has directed Anil Ambani's Reliance Health Insurance Company(RHICL) to shut down its operations with immediate effect and transfer the entire policyholders’...
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