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Car sales in March marginally up, passenger vehicles rise 6.38%: SIAM data

by AIP Online Bureau | Apr 10, 2018 | Data

  Domestic passenger vehicle sales were up 6.38 per cent at 300,722 units in March as against 282,698 units in the same month last year.   Car sales were marginally up at 191,082 units last month as against 190,236 units in March last year, according to the...

Allegations against ICICI Bank pose reputational risks: Fitch

by AIP Online Bureau | Apr 9, 2018 | Indian News, Risk Management

  Mumbai: Global Rating agency Fitch on Monday said that an investigation into allegations that India's ICICI Bankextended a loan with a potential conflict of interest raises questions over the bank's governance and creates reputational risks, says Fitch...

InsurTech M&As in Asia surge to US$460 million in 2017, three times that of 2016: Willis Study

by AIP Online Bureau | Apr 9, 2018 | International News, Technology

  Hong Kong: The total transaction volume of InsurTech M&As in Asia hit US$460 million in 2017, more than three times that of 2016, as industry incumbents and new entrants to the market pushed towards greater digitalisation, according to the fourth Quarterly...

Safety violations in Indian skies down in 2017

by AIP Online Bureau | Apr 9, 2018 | Data, Indian News, Non-Life, Reinsurance, Risk Management

“There are 352 number of violations of safety norms by airlines in 2016 whereas 269 numbers of violations were reported in 2017. Therefore, the number of safety violations has reduced in 2017 as compared to 2016,”Minister of State for Civil Aviation Jayant...

Adopt Clinical Establishment Act, Health Ministry urges states

by AIP Online Bureau | Apr 8, 2018 | Health, Indian News

  New Delhi:  The Union Health Ministry has urged states to adopt the Clinical Establishment Act, which aims to streamline healthcare services in India, stating they are the "most important partners" in rolling out of the free health insurance...

Indian investors concerned about data, confidentiality breach by investment adviser: Survey

by AIP Online Bureau | Apr 8, 2018 | Indian News, Risk Management

  Mumbai: Retail investors in the country have the strongest level of trust in the financial services industry, almost 30 percent higher than the global average, but are also concerned about data or confidentiality breach, with nearly 41 percent of them stating...

New lawsuit for infringing heart rate sensor technology in Apple Watch

by AIP Online Bureau | Apr 8, 2018 | International News

  SAN FRANCISCO: Apple is facing a lawsuit from a US-based start-up Omni MedSci that claimed the iPhone maker is infringing on its patented technology with the heart rate sensor in Apple Watch.   Michigan-based Omni MedSci develops near-infrared and...

FPIs stay bullish on India, invest over Rs 37 billion in debt markets

by AIP Online Bureau | Apr 8, 2018 | Data

Foreign investors have put in over Rs 37 billion in the Indian debt markets in the last five trading sessions as interest rates are not increasing in the US.   This comes following a net outflow of Rs 127.5 billion in the last two months (February-March) probably...

World Health Day: Visit a doctor every 6 months; use tech to track medication

by AIP Online Bureau | Apr 8, 2018 | Articles, Health

  NEW DELHI: Prevention is better than cure and this World Health Day on Saturday, take tangible steps to secure the health of yourself and your family.    Gowri Kulkarni, Head of Operations at DocsApp and clinical psychologist Mamta Harish Iyer share...

Want to protect your brain from ageing? Stay away from stressful life events

by AIP Online Bureau | Apr 7, 2018 | Facts, Health

  LOS ANGELES: Major midlife adverse events, such as divorce or death of a family member, accelerates ageing in the brain, a study has found.   “Having more midlife fateful life events, particularly relating to divorce/separation or a family death, was...
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