by AIP Online Bureau | Jul 5, 2019 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life
New Delhi: Despite being opposed by the domestic insurance brokers, Finance minister Nirmala Sitharaman, in her maiden Budget on Friday, has announced raising the limit of foreign direct investment (FDI) from 49 per cent to 100 per cent in the Indian...
by AIP Online Bureau | Jul 4, 2019 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
New Delhi: Banks have reported a massive 73 percent increase in incidents of fraud worth Rs 71,543 crore in FY19, a senior Reserve Bank official said on July 4. Till March 2019, the top five, 10 and 100 cases of frauds cumulatively reported constituted 24 percent, 34...
by AIP Online Bureau | Jul 4, 2019 | Eco/Invest/Demography, Indian News, Risk Management, Technology
New Delhi: The latest Economic Survey has favoured the idea of Digital Locker to store all the documents that are critical in the life of every resident of India. These documents are most needed by those who depend on the state for welfare. They are...
by AIP Online Bureau | Jul 4, 2019 | Eco/Invest/Demography, Health, Indian News
New Delhi: The Economic Survey has suggested that a national health register, that maintains health records of citizens with all the necessary privacy safeguards can go a long way in enabling health analytics for predictive and prescriptive purposes. Such...
by AIP Online Bureau | Jul 4, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life
New Delhi: The country must emphasise on electric vehicles (EVs) as these represent the next generation in sustainable mobility and appropriate policy measures are needed to lower the overall lifetime ownership costs to make them an attractive alternative to...
by AIP Online Bureau | Jul 4, 2019 | Eco/Invest/Demography, Indian News, Life, Pension & Social Security
New Delhi: Rise in retirement age for most of India's working population from 60 years at present seems inevitable due to increase in life expectancy, according to the Economic Survey. India's population is expected to grow under 0.5 per cent during...
by AIP Online Bureau | Jul 4, 2019 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance
Zurich: Global insurance premiums passed the USD 5 trillion mark for the first time in 2018, equivalent to more than 6 per cent of world gross domestic product (GDP). This was based mostly on solid growth in the non-life sector, particularly...
by AIP Online Bureau | Jul 4, 2019 | Eco/Invest/Demography, Indian News
NEW DELHI: India needs to grow at 8 percent per annum to become a $5 trillion economy by FY25, says Economic Survey 2019, that is released day before Budget, analysing the economic situation of the country. India on Thursday forecast its annual...
by AIP Online Bureau | Jul 3, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts, Health
New York: An increase in heat stress at work linked to climate change is set to have a massive impact on global productivity and economic losses, notably in agriculture and construction, UN labour experts said on Monday. Highlighting that the...
by AIP Online Bureau | Jul 3, 2019 | International News, Non-Life, Risk Management
Amid pedophile clergy scandals, the Vatican has declared “unacceptable” any efforts by politicians or lawmakers to force priests violate their sacred obligation to keep secret what faithful tell them in confession. The Holy See’s...
