by AIP Online Bureau | Jan 17, 2019 | Eco/Invest/Demography, Indian News
NEW DELHI: The government plans to create a business enterprise register that will have details of all kind of businesses being run in the country as it gears up to conduct a nationwide economic census in 2019-20, a top official said Thursday. "We...
by AIP Online Bureau | Jan 17, 2019 | Health, Indian News, Non-Life
New Delhi: Microsoft co-founder Bill Gates has congratulated the Indian government for the successful completion of the first 100 days of the healthcare scheme Ayushman Bharat from its launch. The response from Gates came after Union Health Minister JP...
by AIP Online Bureau | Jan 17, 2019 | International News, Pension & Social Security, Risk Management
A group of trustees from some of America’s biggest public pensions are calling on companies to detail costs related to sexual harassment and any measures they’re taking to address the problem. “We don’t see how it could possibly...
by AIP Online Bureau | Jan 17, 2019 | Eco/Invest/Demography, International News, Reinsurance, Risk Management, Technology
The U.S. Federal Reserve is wary of giving “fintech” firms such as OnDeck Capital Inc. or Kabbage Inc. access to the country’s financial infrastructure, putting the central bank at odds with other regulators looking to bring them into the fold....
by AIP Online Bureau | Jan 17, 2019 | Articles, Banking & Bancassurance, Intermediaries
The privatisation of the insurance industry in the 2000s gave an overall boost to the insurance sector. However, till late 2012, banks were allowed to sell insurance products of just one insurancecompany, in each category. Thereafter, with the new regulation,...
by AIP Online Bureau | Jan 16, 2019 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Mumbai: According to the the World Economic Forum’s Global Risks Report, rising geopolitical and geo-economic tensions are the most urgent risk in 2019, with 90% of experts saying they expect further economic confrontation...
by AIP Online Bureau | Jan 16, 2019 | Indian News, Intermediaries, Technology
Mumbai: Tech-based platform Turtlemint, fast emerging as a leader in the insurance distribution space, has closed a USD 25 mn funding round – led by Sequoia India, with participation from existing investors Nexus Venture Partners and Blume Ventures....
by AIP Online Bureau | Jan 16, 2019 | Eco/Invest/Demography, Indian News
New Delhi: IT major Infosys has been selected to implement the next generation system for processing income tax return filings, with the Union Cabinet sanctioning an estimated Rs 4,241.97 crore for the project. The move will help in bringing down the...
by AIP Online Bureau | Jan 16, 2019 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security
New Delhi: With middle-class apathy on the rise, Finance Minister Arun Jaitley may double the income tax exemption threshold for the salaried from the present ₹250,000 to ₹500,000 while also reinstating tax-free status for medical expenses and transport...
by AIP Online Bureau | Jan 16, 2019 | Health, Indian News, Non-Life
Mumbai: Tata AIG General Insurance Company has introduced its new healthcare variant ‘MediCare’,a flexible and all-inclusive product offering life-long renewal benefit to its customers and offers a sum insured option of up to Rs 20 lacs...
