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Life Insurnace Inustry sees new business premium rising by 10.78 percent to Rs 36,729.79 in Q1

by AIP Online Bureau | Jul 14, 2018 | Uncategorized

    Mumbai: Cumulatively, the gross new business premium of all life insurers rose by 10.78 percent to Rs 36,729.79 crore during April-June period of the current fiscal year.   For LIC, the new business during first three months of this fiscal was up by...

639 farmers ended lives in Maharashtra between March and May this year: State government 

by AIP Online Bureau | Jul 14, 2018 | Indian News

  MUMBAI: In Maharashtra, 639 farmers committed suicide between March and May this year due to crop failure, debt and inability to repay bank loans, the state government has said.  State Revenue Minister Chandrakant Patil gave this information in the...

India expected to be $10 trillion economy by 2030: Economic Affairs Secretary Garg

by AIP Online Bureau | Jul 14, 2018 | Indian News

  New Delhi: Indian economy is on a stage of "take off" and is expected to be the world's third largest by 2030 with GDP worth $10 trillion, Economic Affairs Secretary Subhash Chandra Garg said today. "Good days are ahead and lot of good work...

J&J ordered to pay $4.69 bn to talc cancer victims

by AIP Online Bureau | Jul 13, 2018 | Health, International News

  WASHINGTON: US pharmaceutical giant Johnson & Johnson was Thursday ordered to pay out $4.69 billion in damages in a lawsuit representing 22 women and their families who alleged a talc sold by the company contained asbestos and caused them to suffer...

Labour Ministry finalises Code on Industrial Relations, to seek Cabinet approval

by AIP Online Bureau | Jul 13, 2018 | Health, Indian News

  New Delhi: The Labour Ministry has finalised the Code on Industrial Relations (IR), one of the four codes being framed by consolidating over 44 labour laws, and will soon put before the Cabinet for approval, a top official said today.   The Ministry of...

Fewer severe natural disasters in the first half of the year; overall losses well below the average

by AIP Online Bureau | Jul 13, 2018 | International News

Munich: The first half of 2018 was fortunate in that natural disasters across the world caused significantly lower losses than usual.  According to provisional figures released by Munich Re, overall losses were around US$ 33bn, the lowest level since 2005 (US$...

China’s population would be 65% of India’s by 2050: analyst  

by AIP Online Bureau | Jul 13, 2018 | International News

  Beijing: A Chinese expert has called for an end to China’s controversial family planning policy, claiming the world’s second largest economy’s population will be only 65 per cent of India’s by 2050 due to the one child policy pursued by...

Setting up a social media hub will be like creating a surveillance state, says SC

by AIP Online Bureau | Jul 13, 2018 | Indian News, Risk Management

  New Delhi: The Supreme Court today took a strong note of the Information and Broadcasting Ministry's decision to set up a social media hub for monitoring online data, observing that it will be "like creating a surveillance state.   Bench issues...

Mitigating Cyber Risk via Captives

by AIP Online Bureau | Jul 13, 2018 | Articles, Risk Management

  Increasingly challenging The reality today is that virtually every individual and organization is vulnerable to a cyberattack, and the nature of the threat is continually evolving.The mayor of Atlanta, for example, was recently quoted as saying, “We are...

India, 6th largest economy, has long way to go as per capita income still low: Rajiv Kumar

by AIP Online Bureau | Jul 13, 2018 | Indian News

  New Delhi: Emergence of India as the sixth largest economy was very much expected but still there is a long way to go as the per capita income of the country is still low, Niti Aayog vice chairman Rajiv Kumar said today.    The country, Kumar said,...
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