by AIP Online Bureau | Jul 9, 2019 | Indian News, Non-Life, Risk Management
New Delhi: There have been a few instances abroad of drones being used to target the public and some official establishments, the government said Tuesday, asserting that it is taking necessary action to counter the threat of these aerial vehicles. Union...
by AIP Online Bureau | Jul 9, 2019 | Non-Life, Regulation, Risk Management
New Delhi: Aviation regulator DGCA on Tuesday issued showcause notices to the directors of the Chennai and Ahmedabad airports after it found that some critical areas were not being maintained as per its safety standards, sources said. The inspection of...
by AIP Online Bureau | Jul 9, 2019 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security
New Delhi: Even as Finance Minister Nirmala Sitharaman in her maiden Budget for 2019/20, on July 5, said the government to consider relax FDI rules in the aviation, media, animation and insurance sectors, and ease rules for single-brand retailers, a government...
by AIP Online Bureau | Jul 8, 2019 | International News, Non-Life
London: Canopius today announces four appointments to its recently-established branch, Canopius Australia & Pacific in Sydney, which has also gained binding authority approval from Lloyd’s. The appointments support Canopius’ ambition to...
by AIP Online Bureau | Jul 8, 2019 | Eco/Invest/Demography, Indian News
Mumbai: Market benchmark BSE Sensex on Monday plummeted by 793 points or 2 per cent, its biggest single-day loss this year so far, due to heavy selling in financial, auto and oil stocks as investors turned edgy after the twin impact of budget tax proposals and a...
by AIP Online Bureau | Jul 8, 2019 | Eco/Invest/Demography, International News, Non-Life, Risk Management
London: British Airways-owner IAG is facing a record $230 million fine for the theft of data from 500,000 customers from its website last year under tough new data-protection rules policed by the UK’s Information Commissioner’s Office (ICO)....
by AIP Online Bureau | Jul 8, 2019 | International News, Non-Life, Risk Management
Grand Cayman, Cayman Islands: CCRIF SPC and the World Bank have announced that on July 1, the Facility issued the Caribbean Oceans and Aquaculture Sustainability FaciliTy (COAST) fisheries parametric insurance policy to two of its member governments...
by AIP Online Bureau | Jul 8, 2019 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
New Delhi: The government is considering making it mandatory for manufacturers to mix silicon with rubber to improve quality of tyres and use of Nitrogen in them to help prevent road accidents, Transport Minister Nitin Gadkari informed the Rajya Sabha on...
by AIP Online Bureau | Jul 7, 2019 | Eco/Invest/Demography, Indian News
New Delhi: The taxman will "suo motu" allot a fresh PAN to a person who files I-T returns with only Aadhaar as part of a new arrangement to link the two databases, the CBDT chief said after the Budget proposed that only the biometric ID is enough for...
by AIP Online Bureau | Jul 7, 2019 | Indian News, Risk Management, Technology
New Delhi: The government will launch a technology solution next month to enable detection of lost or stolen mobile phones that are operating in the country, an official said. The tracking system would make the detection of stolen mobile phones possible...
