by AIP Online Bureau | Jul 18, 2019 | Eco/Invest/Demography, Indian News, Technology
New Delhi: Digital transaction volumes in India swelled to 3,133.58 crore in 2018-19, registering a growth of 51 percent over the previous year, and the government does not see any kind of "friction" in digital payments, Parliament was informed on July 18....
by AIP Online Bureau | Jul 17, 2019 | Eco/Invest/Demography, International News, Risk Management, Technology
Two years ago Nasdaq Inc. and Citigroup Inc. announced a new blockchain system they said would make payments of private securities transactions more efficient. Nasdaq Chief Executive Adena Friedman called it “a milestone in the global financial sector.”...
by AIP Online Bureau | Jul 17, 2019 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Shipping companies are hiring unarmed security guards for voyages through the Middle East Gulf as an extra safeguard after a wave of attacks in the region, security companies involved said. Relations between Iran and the West are increasingly strained after...
by AIP Online Bureau | Jul 17, 2019 | Indian News, Non-Life, Risk Management
NEW DELHI: Aviation regulator DGCA has conducted safety audits of Air India Express, SpiceJet, AirAsia, IndiGo and GoAir and it found the implementation of their safety management system "to be deficient", the government informed Rajya Sabha...
by AIP Online Bureau | Jul 17, 2019 | Indian News, Intermediaries
New Delhi: Telecom resources of 18.19 lakh unregistered telemarketers have been disconnected and 5.8 lakh were blacklisted by service providers since 2011 following consumer complaints on pesky telemarketing calls, Parliament was informed on July 17. Further, a...
by AIP Online Bureau | Jul 17, 2019 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security
NEW DELHI: Shrinking of unorganised sector is a "positive" indicator of development and the government will prepare a separate data on unorganised workers in India, Labour and Employment Minister Santosh Kumar Gangwar told the the Rajya Sabha on...
by AIP Online Bureau | Jul 17, 2019 | Indian News, Intermediaries
GURUGRAM,ATLANTA and NEW YORK: Ebix, Inc, a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. and Yatra Online, Inc. today announced that they have entered into a...
by AIP Online Bureau | Jul 17, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
New DelhI: India’s ambitious plan to take the leadership position among nations as one of largest producers of renewable energy may have run into some unfavorable weather. Freak climatic conditions are damaging renewable energy projects,...
by AIP Online Bureau | Jul 17, 2019 | International News, Non-Life, Risk Management
ASIA: Annual losses from cyberattacks averaged $4.7 million in the last fiscal year — with more than one in 10 firms losing over $10 million —according to a new report from The Cybersecurity Imperative, a global thought leadership program...
by AIP Online Bureau | Jul 17, 2019 | International News, Non-Life, Reinsurance, Risk Management
Harvard University is committing more capital to a strategy that backs plaintiffs in commercial disputes, delivering robust uncorrelated returns. The strategy is run by IMF Bentham Ltd., a publicly traded company which last week finished raising $500 million...
