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IRDAI forms panel to explore innovation in insurance

by AIP Online Bureau | Dec 7, 2017 | Indian News, Regulation

Hyderabad: The insurance regulator IRDAI has constituted a broad panel under Yegnapriya Bharath,chief general manager, IRDAI, on Thursday to examine how technological advancements particularly wearable and portable devices can be a part of a regulatory policy...

Finance ministry’s assurances on new FRDI Bill,won’t take away your money in the bank 

by AIP Online Bureau | Dec 7, 2017 | Indian News

  New Delhi: The FRDI Bill(Financial Resolution and Deposit Insurance Bill, 2017), under consideration of a joint parliamentary committee, is depositor friendly and provides more protection to them compared to existing provisions, the finance ministry said...

Ready to extend Aadhaar deadline to March 31, Centre tells SC

by AIP Online Bureau | Dec 7, 2017 | Indian News

New Delhi: The Centre on Thursday informed the Supreme Court that it was willing to extend till 31 March next year the deadline fixed for mandatory linking of Aadhaar for availing of various services and welfare schemes.   The Supreme Court will be setting up a...

Workplace technology key to market success: Adobe study

by AIP Online Bureau | Dec 7, 2017 | Facts

New Delhi: Organisations are strategically investing in workplace technology to improve success metrics and attract employees for whom cutting edge tech is more important than other office amenities, says a study.   According to Adobe's the Future of Work:...

RBI rationalises charges on debit card transactions

by AIP Online Bureau | Dec 6, 2017 | Indian News, Regulation

Mumbai: The Reserve Bank of India (RBI) today came out with differentiated merchant discount rates (MDR) for debit card transactions, prescribing separate caps for small and large tradersIn order to promote digital payments, the Reserve Bank of India (RBI) on...

‘Super Earth’ that may host alien life identified

by AIP Online Bureau | Dec 6, 2017 | Facts

  A little-known planet about 111 light years away could be a "scaled-up version of Earth" and may be able to host alien life, according to a study.   The exoplanet known as K2-18b has been described as being a potential 'Super-Earth'...

Apollo Hospitals launches Heart Disease Prevention & Reversal Program

by AIP Online Bureau | Dec 6, 2017 | Health, Indian News

New Delhi:   Apollo Hospitals, Asia's largest healthcare group, today launched the 'Healthy Heart' Program, tailored to help persons prone to heart diseases and patients already suffering from heart ailments,  to arrest and reverse the...

RBI keeps repo rate on hold at 6%, inflation forecast increased

by AIP Online Bureau | Dec 6, 2017 | Indian News

Mumbai: The Reserve Bank of India kept its policy rate unchanged on Wednesday, as widely expected, after inflation accelerated to a seven-month high and stronger economic growth reduced the need for monetary stimulus.The RBI also kept the reverse repo rate unchanged...

HDFC ERGO launches Solar energy shortfall cover

by AIP Online Bureau | Dec 6, 2017 | Indian News

Mumbai: HDFC ERGO General Insurance Company, India’s third largest non-life insurance provider in the private sector, has launched  the country’s first  ever Solar Energy Shortfall Insurance Policy.    This new policy is designed to...

Overall risk professionals salary continues steady climb in US & Canada:RIMS Survey

by AIP Online Bureau | Dec 6, 2017 | International News, Risk Management

NEW YORK:  Risk professionals at all levels and responsibilities in the United States experienced an average 3.5% base salary increase this year, while Canadian practitioners experienced an average 2.0% increase, according to RIMS 2017 Compensation Survey. The...
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