by AIP Online Bureau | Apr 8, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
IMF report suggested enhanced data coverage with better granularity for mapping climate-related financial risks in India It acknowledges India’s insurance sector is strong and growing with a significant presence in both life and general insurance. The sector has...
by AIP Online Bureau | Apr 8, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation, Technology
Flipkart Internet Pvt Ltd ( FIPL) is a registered corporate agent under composite category Hyderabad: The Indian insurance regulator IRDAI has slapped a fine of Rs 1,06 crore on prominent e-commerce company Flipkart, promoted by Binny Bansal and Sachin Banls, for...
by AIP Online Bureau | Apr 8, 2025 | International News, Risk Management
Boeing agreed in July to plead guilty to a criminal fraud conspiracy charge and pay a fine of up to $487.2 million. A judge set a June 23 trial date if no final agreement is reached. U.S. plane maker Boeing Co reached settlements with the families of two people who...
by AIP Online Bureau | Apr 8, 2025 | International News, Risk Management, Technology
While Berkshire didn’t describe the nature of the posts, the firm’s statement came amid circulation of an Instagram post claiming that the 94-year-old billionaire praised President Donald Trump’s economic policy. The video was posted March 13, but it circulated widely...
by AIP Online Bureau | Apr 8, 2025 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management
Overnight in Asia, the Markit Itraxx Asia ex-Japan index, comprising sovereign and company debt, rose about 26 basis points to its highest since August last year “If we see credit struggling, spreads widening out significantly, precious metals and other havens like...
by AIP Online Bureau | Apr 7, 2025 | Eco/Invest/Demography, Indian News, Regulation
The names of Ajay Sheth, who have been appointed as finance secretary just a few days back, Girdhar Armane, former Defense Secretary , Pankaj Jain, Petroleum secretary are still in the reckoning though it is unlikely that the government will now shift Sheth from the...
by AIP Online Bureau | Apr 7, 2025 | Data, Eco/Invest/Demography, Indian News, Non-Life, Technology
Two-wheeler sales during 2024-25 registered a higher growth rate at 7.71 per cent year-on-year to touch 1,88,77,812 units on the back of buoyant demand. Three-wheelers sales rose 4.54 per cent compared to the previous on driven by higher economic activity but...
by AIP Online Bureau | Apr 7, 2025 | Data, Eco/Invest/Demography, Non-Life
“Dealers noted weak market sentiment which specially continues in the entry level category, delayed conversions, challenging targets and stressed that OEMs should avoid overburdening dealers with excessive inventory — a practice that risks unmanageable...
by AIP Online Bureau | Apr 7, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
The 30-share BSE benchmark tumbled 3,939.68 points or 5.22 per cent to 71,425.01 in early trade. Mirroring the bearish trend in equities, the market capitalisation of BSE-listed firms declined sharply by Rs 20,16,293.53 crore to Rs 3,83,18,592.93 crore (USD 4.50...
by AIP Online Bureau | Apr 7, 2025 | Data, Eco/Invest/Demography, Health
Piyush Jain, Khushboo Jain, and Vikas Kaul, Co-founders of CarePal Group said, “Cancer is the single largest illness where patients face the highest financial distress. With over 30% of funds raised on Impact Guru going towards cancer treatments, crowdfunding...