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Aadhaar Amendment Bill gets Cabinet nod, to be introduced in coming Parliament session

by AIP Online Bureau | Jun 12, 2019 | Eco/Invest/Demography, Indian News, Policy

  New Delhi: The Cabinet on Wednesday cleared a Bill to allow voluntary use of Aadhaar as identity proof for opening bank accounts and procuring mobile phone connections.   The Bill — which will be in form of amendment to Aadhaar Act 2016 and will...

Over Rs 2.05 lakh crore frauds in 11 years: ICICI Bank, SBI and HDFC among top victims

by AIP Online Bureau | Jun 12, 2019 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management

New Delhi: Of over 50,000 frauds that hit banks in India in the last 11 fiscal years, the ICICI Bank, State Bank of India (SBI) and HDFC Bank reported highest number of cases, according to an RBI data.   Of the total 53,334 cases of frauds reported during 2008-09...

US cyber insurance premiums see 10% increase to $2.03bn, Aon study

by AIP Online Bureau | Jun 12, 2019 | International News, Non-Life, Risk Management

                                  CHICAGO: Aon plc , in its fourth edition of its US Cyber Market Update report, has said cyber premiums in the US grew to $2.03 billion in 2018...

Exams for company directors: Modi govt finds a way to stop corporate frauds

by AIP Online Bureau | Jun 12, 2019 | Eco/Invest/Demography, Indian News, Risk Management

Narendra Modi, who recently won a second term as India’s prime minister, is looking to overhaul the nation’s corporate governance system that allowed a string of frauds to mar his first stint in office. Independent directors on company boards will soon...

Auto industry seeks govt support as PV sales see sharpest decline in 18 yrs

by AIP Online Bureau | Jun 11, 2019 | Eco/Invest/Demography, Indian News, Non-Life

New Delhi: Passenger vehicle wholesales in India witnessed the steepest decline in nearly 18 years, dropping by over 20 per cent in May, as continued weakness in retail offtake forced manufacturers to cut production in order to adjust to market demand.   The...

Life expectancy in India down by 2.6 years due to air pollution: Study

by AIP Online Bureau | Jun 11, 2019 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life

  NEW DELHI: Life expectancy in India has gone down by 2.6 years due to deadly diseases caused by air pollution, according to a recent report by an environment think tank.   The report by the environment organisation Centre for Science and Environment (CSE)...

Severe cyclonic storm likely to hit Gujarat on June 12 night: IMD

by AIP Online Bureau | Jun 11, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News

  AHMEDABAD/NEW DELHI: A severe cyclonic storm is likely to hit Gujarat on June 12 night with a wind speed of 130-140 kilometres per hour, the India Meteorological Department (IMD) said on Monday night.  The Cyclone Warning Division of the IMD said the deep...

Govt plans to re-introduce National Medical Commission Bill

by AIP Online Bureau | Jun 10, 2019 | Eco/Invest/Demography, Health, Indian News

  NEW DELHI: In the very first session of the new Lok Sabha starting June 17, the Union government plans to reintroduce a key bill which aims to usher in mega reforms in the medical education sector.  The National Medical Commission (NMC) Bill, which was...

In historic first, G20 weighs aging as global risk

by AIP Online Bureau | Jun 9, 2019 | Eco/Invest/Demography, International News, Life, Pension & Social Security, Technology

  Fukuoka, Japan: In historic first, G20 weighs aging as global riskBallooning healthcare costs, labor shortages and financial services for the elderly: for the first time Sunday, the world's top policymakers are tackling economic issues relating to aging and...

No New Cases of Nipah in Kerala, Infected Patient’s Condition Improving, Says Harsh Vardhan

by AIP Online Bureau | Jun 9, 2019 | Health, Indian News

New Delhi: Union Health Minister Harsh Vardhan on Sunday said no new case of Nipah virus infection has been reported in Kerala and informed that the clinical condition of the patient suffering from the disease, the only case this year, is improving.   A case of...
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