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Doha Insurance Group to set up reinsurance business in Gift City

Doha Insurance Group to set up reinsurance business in Gift City

by AIP Online Bureau | Dec 26, 2024 | Indian News, Non-Life, Regulation, Reinsurance

Doha Insurance Group(DIG) is currently working on completing the necessary procedures and obtaining the required regulatory approvals for Gift City project from the Qatar Central Bank and the other regulatory and supervisory authorities in the Republic of India, said...

FPI inflows into Indian equities drop sharply in 2024; rebound anticipated in 2025

by AIP Online Bureau | Dec 25, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

As of now, foreign portfolio investors (FPIs) have made a net investment of over Rs 5,052 crore in the Indian equity markets and Rs 1.12 lakh crore in the debt market (till December 24), as per data available with the depositories. This follows the extraordinary Rs...

Indian markets to deliver positive returns for 9th year in a row, outperform US

by AIP Online Bureau | Dec 25, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

A report by Motilal Oswal said that Indian equities have outperformed US markets over the past 35 years, as investments in the Indian equity markets growing by nearly 95 times since 1990. New Delhi: Driven by strong fundamental and robust economic growth, the domestic...
Plane with 67 passengers crashes in Kazakhstan, many killed

Plane with 67 passengers crashes in Kazakhstan, many killed

by AIP Online Bureau | Dec 25, 2024 | International News, Non-Life, Reinsurance

According to Russian news agency Tass, 32 people have survived the passenger plane crash near Aktau in Kazakhstan, the press service of the Kazakh Emergencies Ministry reported ASTANA: A passenger plane crashed near the city of Aktau in Kazakhstan on Wednesday and...

Study finds enrolling in Ayushman Bharat increased access to timely start of cancer treatment

by AIP Online Bureau | Dec 25, 2024 | Data, Eco/Invest/Demography, Health, Non-Life

“Our study recommends expanding AB PM-JAY cancer packages to include cost-effective treatments, increasing population coverage under screening programs and promoting e-RUPI to reduce financial constraints associated with diagnostic services to address delayed...

China’s CATL launches EV chassis, flagging safety as top selling point

by AIP Online Bureau | Dec 25, 2024 | Data, Risk Management, Technology

“Due to the extremely high crash speed and intensity, there has been no previous instance of any new energy vehicle daring to challenge a 120km/h frontal pole impact test,” said Ni Jun, CATL chief manufacturing officer. SHANGHAI: China’s CATL...

Spectee expands crisis management system to the Philippines following success in Japan

by AIP Online Bureau | Dec 25, 2024 | Data, Disaster & Management, Non-Life, Reinsurance, Technology

This system, designed to monitor and manage disasters like earthquakes, floods, typhoons, and criminal accidents, gathers real-time visual and textual information from social media platforms (SNS) and official sources Tokyo: Spectee, a Japanese crisis management...

NATHEALTH urges Govt to address healthcare gaps in Budget

by AIP Online Bureau | Dec 25, 2024 | Eco/Invest/Demography, Health, Indian News, Policy

“The upcoming Union Budget offers an unprecedented chance to address systemic gaps such as the acute shortage of medical specialists, escalating cancer care costs, and inadequate hospital infrastructure to meet the demands of a growing population,”...

NFRA penalises Deloitte Haskins & Sells LLP, finds deficiencies in BSR & Co’s Audit

by AIP Online Bureau | Dec 24, 2024 | Indian News, Regulation

The watchdog has imposed a monetary penalty of Rs 2 crore on Deloitte Haskins & Sells LLP New Delhi: The National Financial Reporting Authority (NFRA) has imposed a fine of Rs 2 crore on Deloitte Haskins & Sells LLP as well as penalties on two chartered...

Govt asks GSI to redefine TN tungsten mine block, exclude biodiversity site

by AIP Online Bureau | Dec 24, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

The statement came in the wake of Tamil Nadu Chief Minister M K Stalin urging Prime Minister Narendra Modi to cancel the award of tungsten mining rights in Madurai district. Stalin had asserted that the state government will not allow mining there considering aspects...
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