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Boeing settles lawsuits with two 737 MAX crash victims’ families

Boeing settles lawsuits with two 737 MAX crash victims’ families

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...
Comments made by Warren Buffett on social media sites are false

Comments made by Warren Buffett on social media sites are false

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...

Global credit starts to wobble as market pain spreads

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...
Indian insurance industry waits for a new IRDAI chairman

Indian insurance industry waits for a new IRDAI chairman

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...

India’s car sales surge past 41.53 lakh mark during FY25

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...
Automobile retail sales drop 7 pc in Feb amid slowing demand FADA

Automobile retail sales drop 7 pc in Feb amid slowing demand FADA

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...
Bloodbath: Stock market crashes over 5%, investors poorer by Rs 20.16 lakh cr in morning trade

Bloodbath: Stock market crashes over 5%, investors poorer by Rs 20.16 lakh cr in morning trade

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...

Cancer remains most financially burdensome disease in India

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...
Rains add to challenge for Myanmar quake relief, toll at 3,471

Rains add to challenge for Myanmar quake relief, toll at 3,471

by AIP Online Bureau | Apr 6, 2025 | Eco/Invest/Demography, International News

In neighbouring Thailand, authorities said that country’s death toll from the quake had risen to 24. Of those, 17 died at the site of a skyscraper in the capital, Bangkok, that collapsed while under construction. A further 77 were still missing there. BANGKOK:...
FinMin to implement ‘One State-One RRB’ soon to achieve better efficiency

FinMin to implement ‘One State-One RRB’ soon to achieve better efficiency

by AIP Online Bureau | Apr 6, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Policy, Regulation

As of 31 March 2024, 43 RRBs are operating through a network of 22,069 branches in 26 States and 3 Union Territories (Puducherry, Jammu & Kashmir, Ladakh) covering 700 districts of the country. The pace of technology adoption has increased as more RRBs have...
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