by AIP Online Bureau | Apr 2, 2018 | Climate, Environment, Renewable Energy, International News
LONDON: Weather extremes caused by climate change could raise the risk of food shortage globally, a study that looked at data from 122 countries suggests. Researchers led by the University of Exeter in the UK examined how climate change could affect the...
by AIP Online Bureau | Apr 2, 2018 | Indian News
New Delhi: In a bid to tighten the compliance of mandatory third party insurance of vehicles, which puts all road users at risk, the Supreme Court Committee on Road Safety has asked the insurance regulator IRDAI to offer mandatory third party three year...
by AIP Online Bureau | Apr 1, 2018 | Indian News
Mumbai: In a cheerful development, the Indian general insurance industry, with 33 players, is likely to strike a spectacular figure of Rs 1.5 trillion in premium income during 2017-18. By Feb 2018, with a growth of 18 per cent, the...
by AIP Online Bureau | Apr 1, 2018 | Data
Foreign portfolio investment (FPI) in stock markets more than halved to Rs 260 billion (Rs 26,000 crore) in 2017-18 on fears of faster than expected rate hike by the US Federal Reserve and higher valuations of Indian equities. In comparison, overseas...
by AIP Online Bureau | Apr 1, 2018 | Facts
Forget losing your job to a bot, it might be hiring and firing you next. A Russian startup has created a realistic looking robot that’s being used to interview prospective employees at several top international companies. Called Vera, the robot...
by AIP Online Bureau | Mar 31, 2018 | Indian News
Mumbai: New India Assurance (NIA), the largest general insurer in the country, has achieved a total global premium of Rs 26,000 crore, up 17 per cent during fy 2017-18. The general insurance multinational, having operations in 28 countries, had set...
by AIP Online Bureau | Mar 31, 2018 | Indian News, Policy
New Delhi: Several budget proposals including the reintroduction of the tax on long-term capital gains(LTCG) exceeding Rs 100,000 from the sale of shares will kick in from April 1, the beginning of the 2018-19 financial year. Besides, other tax proposals like...
by AIP Online Bureau | Mar 31, 2018 | Indian News, Regulation
Mumbai: For the first time, the insurance regulator IRDAI on Thursday has reduced third party motor premium rates on average between 10 per cent and 20 per cent for bikes, cars and taxis, effective April 1. IRDA, which had deregulated the pricing of...
by AIP Online Bureau | Mar 30, 2018 | Health, International News
Walmart is in talks to buy health insurer Humana, the Wall Street Journal reported. For Walmart, buying Humana would be another volley in its ongoing battle with online giant Amazon, which is reportedly considering selling prescription drugs. The Wall...
by AIP Online Bureau | Mar 30, 2018 | Data
MUMBAI: The domestic banking sector reported a total of 12,553 fraud cases worth Rs 18,170 crore in fiscal 2016-17, with state-run Bank of Maharashtra registering the highest number of such cases, says a report. While Bank of Maharashtra reported...
