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SC says no to plea for barring kids below 13 from using social media

SC says no to plea for barring kids below 13 from using social media

by AIP Online Bureau | Apr 4, 2025 | Indian News, Policy, Risk Management, Technology

A bench of Justices B R Gavai and Augustine George Masih, however, granted a liberty to the petitioner to make a representation to the authority concerned New Delhi: The Supreme Court on Friday refused to examine a plea seeking to prohibit children below 13 from using...
Govt appoints IRDAI’s Randip Jagpal and EPFO’s Sanjay Pandey as Members of PFRDA

Govt appoints IRDAI’s Randip Jagpal and EPFO’s Sanjay Pandey as Members of PFRDA

by AIP Online Bureau | Apr 4, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Regulation

Earlier in the week, the government appointed Deputy CAG S Ramann as Chairperson of PFRDA for a five-year term New Delhi: The government, on Thursday, has appointed Randip Singh Jagpal, executive director at IRDAI, and Sanjay Pandey, financial adviser and chief...
Has Health Insurance Become Unaffordable

Has Health Insurance Become Unaffordable

by AIP Online Bureau | Apr 4, 2025 | Articles, Health, Technology

Insurers are addressing the issue of cost push in health insurance by designing flexible policies that cater to diverse consumer needs, such as high-deductible plans, structured co-payment models, and tailored coverage for specific medical conditions Rakesh Jain, CEO,...
Global cyber insurance market to reach $ 16.3bn in 2025,says Munich Re

Global cyber insurance market to reach $ 16.3bn in 2025,says Munich Re

by AIP Online Bureau | Apr 4, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

Thomas Blunck, CEO, Reinsurance, Munich Re: “As digitalization advances, cyber protection against one of the biggest threats to economy and society is becoming more and more important. And yet, a large number of organizations lack adequate safeguards and coverage....
Narendra Bharindwal appointed as president of IBAI

Narendra Bharindwal appointed as president of IBAI

by AIP Online Bureau | Apr 4, 2025 | Indian News, Intermediaries, Life, Non-Life

Narendra Kumar Bharindwal, President, Insurance Brokers Association of India Led by US based Marsh, the largest re/insurance broker in the world, Indian re/insurance brokers manage almost over Rs50,000 crore of premiums annually. Over 95 per cent of premium is managed...
Chinese military conducts large-scale drills around Taiwan

Chinese military conducts large-scale drills around Taiwan

by AIP Online Bureau | Apr 3, 2025 | Eco/Invest/Demography, International News, Risk Management

China considers Taiwan a part of its territory, to be brought under its control by force if necessary, while most Taiwanese favor their de facto independence and democratic status. Any conflict could bring in the U.S., which maintains alliances in the region and is...

Developing countries’ climate targets at risk without enough finance from developed world India

by AIP Online Bureau | Apr 3, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

Together, BRICS nations account for 47 per cent of the world’s population and contribute around 36 per cent of global GDP in purchasing power parity terms. By 2050, BRICS will play a key role in the energy sector, with 54 per cent of global oil production, 53 per cent...
Announcements by US to have substantial implications for global trade: WTO DG

Announcements by US to have substantial implications for global trade: WTO DG

by AIP Online Bureau | Apr 3, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Risk Management

“While the situation is rapidly evolving, our initial estimates suggest that these measures, coupled with those introduced since the beginning of the year, could lead to an overall contraction of around 1 per cent in global merchandise trade volumes this year,...

Fitch cuts China’s credit rating on rising debt, weakening finances

by AIP Online Bureau | Apr 3, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management

“The downgrade reflects our expectations of a continued weakening of China’s public finances and a rapidly rising public debt trajectory during the country’s economic transition,” Fitch said in a statement Global ratings agency Fitch on...
Rising input costs to meet safety norms, consumer demand force carmakers to hike prices

Rising input costs to meet safety norms, consumer demand force carmakers to hike prices

by AIP Online Bureau | Apr 3, 2025 | Eco/Invest/Demography, Indian News

According to industry players, safety requirements like 3-point ELR seat belt and reinforcement of rear seats for luggage retention have added to the cost of passenger vehicles in India. New Delhi: Rising input costs to meet mandatory safety requirements as well as...
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