by AIP Online Bureau | Dec 22, 2018 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation
New Delhi: In a relief to the common man, the GST Council headed bu financeminister Arin Jaitley Saturday cut rates on 23 commonly used goods and services, including , third part motor ionsurance ,TV screens, movie tickets and power banks. The new...
by AIP Online Bureau | Dec 22, 2018 | Climate, Environment, Renewable Energy, International News, Non-Life, Reinsurance, Risk Management
Queensland: Dealing a blow, 10 of the world’s largest insurers and reinsurers, on serious environmental concerns,have refused to provide support for the development of Gautam Adani owned Adani Group’s $16.5bn Carmichael coal mine and rail...
by AIP Online Bureau | Dec 21, 2018 | Indian News, Risk Management, Technology
NEW DELHI: The Ministry of Home Affairs (MHA) has issued an order granting ten central intelligence and security agencies access to information stored, recieved or transmitted in computers. The notice, issued on Thursday, says the agencies can intercept,...
by AIP Online Bureau | Dec 21, 2018 | International News, Risk Management
Hackers working on behalf of China’s Ministry of State Security breached the networks of Hewlett Packard Enterprise and IBM, then used their access to hack into their clients’ computers, according to five sources familiar with the attacks. ...
by AIP Online Bureau | Dec 21, 2018 | Indian News, Risk Management
New Delhi: India’s drugs regulator has ordered Johnson & Johnson to stop manufacturing its Baby Powder using raw materials in two of its Indian factories until test results prove they are free of asbestos, a senior official said on Thursday.The...
by AIP Online Bureau | Dec 21, 2018 | International News, Technology
LONDON: More than $1.3 billion of InsurTech funding was completed during Q3 2018, double the figure from the previous quarter. While individual investment rounds were larger, the number of transactions reported declined 20% to 57, according to the new Quarterly...
by AIP Online Bureau | Dec 21, 2018 | Health, International News
Texas: A federal judge in Texas said on last Friday that the Affordable Care Act's individual coverage mandate is unconstitutional and that the rest of the law therefore cannot stand. Legal experts say the ruling won't immediately affect...
by AIP Online Bureau | Dec 20, 2018 | International News, Risk Management, Technology
Boston: Facebook users would require an average of more than $1,000 (Rs 70,000) to deactivate their account for one year, according to a study. The study, published in the journal PLOS ONE, assessed Facebook’s value to its users, in contrast to its market...
by AIP Online Bureau | Dec 20, 2018 | Data, Eco/Invest/Demography
Gujarat has emerged as the best performer in developing startup ecosystem for budding entrepreneurs, according to the ranking of states done by the department of industrial policy and promotion (DIPP). Other top performers that followed the western state...
by AIP Online Bureau | Dec 20, 2018 | Banking & Bancassurance, Indian News, Life
Mumbai: State-run Bank of India is looking to raise Rs 1,000-1,200 crore by selling its entire 28.96 percent stake in life insurance joint venture, Star Union Dai-Ichi Life Insurance, a source has said. The bank will soon float a request for proposal for...
