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Assam govt employees to face pay cut for neglecting parents, differently-abled siblings

by AIP Online Bureau | Jul 30, 2018 | Indian News, Pension & Social Security

  Gawahati: The Assam government is set to roll out a law from October 2 making it mandatory for state government employees to look after their aged and dependent parents and differently-abled siblings who do not have a source of income. Last year, the state...

Modicare:Guj & Chhtishgarh opt for hybrid model, Insurers to provide cover only for Rs 50k

by AIP Online Bureau | Jul 30, 2018 | Health, Indian News

  Mumbai: Even as the state of Nagaland has been awarded to Apollo Munich Health Insurance at Rs 444 per family, some states like Gujarat and Chhttishgarh have opted for a hybrid model-  mix of insurance and Trust model-  to implement the Modi...

AI system can identify your personality from eye movements

by AIP Online Bureau | Jul 29, 2018 | Facts, Technology

  Scientists have developed a new artificial intelligence system that can track a person's eye movements to identify their personality type. Researchers, including those from the University of Stuttgart in Germany and Flinders University in Australia used...

India: Flight cancellations hit over 1.08 lakh IndiGo passengers till May this year: Govt data

by AIP Online Bureau | Jul 29, 2018 | Data

  Over 1.08 lakh passengers were affected because of the large-scale flight cancellations by IndiGo, government data has revealed. During the first five months of the year, up to May, the no-frills carrier cancelled 1,824 flights, impacting 1,08,549 passengers,...

Desi parents work extra hours and borrow to put kids into varsities: Report

by AIP Online Bureau | Jul 29, 2018 | Eco/Invest/Demography, Indian News

  Mumbai: Nearly half of Indian parents sacrifice their holidays to take up extra work and borrow to fund their children's university education, says a report. As much as 49 percent Indian parents work extra hours and took a second job to pay for their...

10% GDP growth not possible without improving HDI: NITI Aayog CEO

by AIP Online Bureau | Jul 29, 2018 | Indian News

  New Delhi: Niti Aayog CEO Amitabh Kant has said the country needs to improve its human development index (HDI) to achieve a growth of around 10 per cent.   “We are growing at around 7.5 per cent and if our ambition is to grow at high rates like 10...

Rs 15,167 crore unclaimed money of policyholders lying with life insurers

by AIP Online Bureau | Jul 29, 2018 | Indian News

  New Delhi: As much as Rs 15,167 crore amount of policyholders is lying unclaimed with 23 life insurers, according to Irdai data. Insurance regulator Irdai has already asked insurers to take steps to identify the policyholders or beneficiaries and disburse the...

465 dead in 5 states due to rains, floods during monsoon

by AIP Online Bureau | Jul 28, 2018 | Indian News

  New Delhi: As many as 465 people have lost their lives due to floods and rains in five states during the current monsoon season so far.   According to the Home Ministry's National Emergency Response Centre (NERC), 138 people have died in Maharashtra,...

India to hold Top Spot for Economic Growth but Oil poses Risk

by AIP Online Bureau | Jul 28, 2018 | Indian News, Risk Management

  New Delhi: India will remain the fastest-growing major economy this year supported by increased government spending ahead of next year's general election, but rising oil prices pose the biggest downside risk, a Reuters poll of economists showed.   The...

GIC HF targets Rs 1lakh cr biz by 2030,to appoint a consultant to restructure its ops

by AIP Online Bureau | Jul 28, 2018 | Indian News

  Mumbai: Setting a target of Rs one lakh  crore of business by 2030, GIC Housing Finance(GIC HF), the housing subsidiary of  the state owned reinsurer GIC Re, is appointing a consultant to  restructure its operations.   Speaking to ...
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