by AIP Online Bureau | Jul 11, 2019 | Eco/Invest/Demography, International News, Pension & Social Security
Brasilia: Amid the gloom surrounding Brazil’s economy — shrinking growth forecasts, double-digit unemployment and rising public debt — Wednesday’s lower house vote to reform the pension system marks a significant step forward. In a 379...
by AIP Online Bureau | Jul 11, 2019 | Disaster & Management, Eco/Invest/Demography, International News
CHICAGO: Aon plc launched the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during June 2019. The report reveals that an outbreak of severe weather...
by AIP Online Bureau | Jul 11, 2019 | International News, Non-Life, Technology
Swedish truckmaker AB Volvo’s first commercial autonomous truck deal shows how it is bundling services to generate revenue from a technology that is years away from wide deployment. Driverless transportation has been hailed as a transformative revenue...
by AIP Online Bureau | Jul 11, 2019 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security
New Delhi: The Union Cabinet on Wednesday approved a bill that seeks to merge 13 central labour laws into a single code which would apply on all establishments employing 10 or more workers. The proposed Code on Occupational Safety, Health and Working...
by AIP Online Bureau | Jul 10, 2019 | Eco/Invest/Demography, Indian News
New Delhi: The Cabinet on Wednesday approved a Bill that increases punishment for illegal deposit schemes, aiming to protect the poor from fraud and retrieve their money. The Banning of Unregulated Deposit Schemes will replace the Banning of Unregulated Deposit...
by AIP Online Bureau | Jul 10, 2019 | Eco/Invest/Demography, Indian News, Life, Non-Life
New Delhi: Deposits in bank accounts opened under the Jan Dhan scheme, launched about five years ago by the Modi-government, have crossed the Rs 1 lakh crore mark. According to the latest Finance Ministry data, the total balance in over 36.06 crore...
by AIP Online Bureau | Jul 10, 2019 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: Domestic passenger vehicle (PV) sales declined by 17.54 per cent to 2,25,732 units in June from 2,73,748 units in the year-ago period. Domestic car sales were down 24.97 per cent to 1,39,628 units as against 1,83,885 units in June...
by AIP Online Bureau | Jul 9, 2019 | Indian News, Life, Regulation
New Delhi: The government on Tuesday appointed K Ganesh, 58, executive director, Life Insurance Corporation(LIC), as the member, Life , IRDAI. He will be the member, IRDAI, for three years or till he reaches the age of 62. The appointments...
by AIP Online Bureau | Jul 9, 2019 | Climate, Environment, Renewable Energy, Health, Indian News
New Delhi: Eighty city-centric action plans will be launched soon in line with the budget's focus on making "the earth green and the sky blue again", Union Minister Prakash Javadekar said July 9, highlighting that the Environment Ministry...
by AIP Online Bureau | Jul 9, 2019 | International News, Non-Life, Reinsurance, Risk Management
An estimated two million cyber attacks in 2018 resulted in more than $45 billion in losses worldwide as local governments struggled to cope with ransomware and other malicious incidents, a study showed July 9. The Internet Society's Online Trust Alliance,...