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Explainer: Draft DPDP Rules 2025 aim to protect citizens’ data

Explainer: Draft DPDP Rules 2025 aim to protect citizens’ data

by AIP Online Bureau | Jan 8, 2025 | Articles, Eco/Invest/Demography, Policy, Regulation, Technology

The Act provides consent-based personal data processing by digital platforms. This means digital platforms will have to inform and get consent from people in English or any of the 22 Indian languages listed in the Constitution, in the language of their choice. Digital...
Data protection rules may be refined further to protect children: Vaishnaw

Data protection rules may be refined further to protect children: Vaishnaw

by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

“We will refine it (DPDP Rules) further to take the power of technology to children while saving them from many harm,” Vaishnaw said. New Delhi: The Digital Personal Data Protection Rules will be refined further to connect children with technology while...
Modified scheme to provide cashless treatment for road accident victims nationwide: Gadkari

Modified scheme to provide cashless treatment for road accident victims nationwide: Gadkari

by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Technology

“The broad contours of the pilot programme are — victims entitled to cashless treatment up to a maximum of Rs 1.5 lakh per accident per person for a maximum period of 7 days from date of the accident,” Nitin Gadkari said while addressing a press...
Fintechs urged to innovate, comply: DFS Secy

Fintechs urged to innovate, comply: DFS Secy

by AIP Online Bureau | Jan 7, 2025 | Workplace/Employee Benefits

M Nagaraju,Secretary, Department of Financial Services The RBI also informed that various initiatives have been taken at their end, including developing an emerging tech and Fintech Repository for capturing baseline information in a secured and confidential manner and...
Toyota Motor Corp. plans to move 100 residents of a futuristic city at base of Mount Fuji

Toyota Motor Corp. plans to move 100 residents of a futuristic city at base of Mount Fuji

by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Facts, Technology

Akio Toyoda,Chairman,Toyota A key part of Toyota’s broader Woven initiative is a new software platform and vehicle operating system it calls Arene, which is designed to speed up car development and lower costs. It plans to deploy the system this year and make it a...
“Acquisitions in India remain an option if a compelling opportunity arises aligning with our long-term vision”

“Acquisitions in India remain an option if a compelling opportunity arises aligning with our long-term vision”

by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Interviews, Non-Life, Regulation, Reinsurance, Risk Management

Laurent Rousseau, CEO of Europe, IMEA and Global Capital Solutions, Guy Carpenter 33% of the overall Indiancapacity (premium) is still provided by cross boarder reinsurers(CBRs). CBRs play a critical role particularly in specialty lines (e.g. Terrorism,...

General Insurance industry premium degrows a bit in Dec

by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Indian News, Non-Life

In the first nine months(Apr-Dec)  of FY 23-24, the industry has grown by 7.83 per cent year on year(y-o-y) to Rs 2.30.181crore Mumbai: Post segregation of long- term business from monthly premium figures, the general insurance industry has slowed down a bit in...

Automobile retail sales rise 9 pc in 2024 despite multiple headwinds: FADA

by AIP Online Bureau | Jan 7, 2025 | Data, Eco/Invest/Demography, Policy, Technology

Two-wheeler registrations fell 18 per cent to 11,97,742 units as compared to 14,54,353 units in December 2023 On business outlook, FADA noted that in the two-wheeler segment, rising rural incomes, fresh model introductions and an eventual plateau in EV disruption...

India economy to grow 6.4 pc in 2024-25, slowest in 4 years: Govt data

by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Indian News, Policy

India’s economic growth rate is estimated to slip to a four-year low of 6.4 per cent in 2024-25, mainly on account of poor showing by the manufacturing and services sector, according to government data . New Delhi: The Indian economy is estimated to grow at 6.4...

HMPV Centre asks states to increase surveillance for respiratory diseases

by AIP Online Bureau | Jan 7, 2025 | Health, Indian News, Policy, Risk Management

During the meeting, it was reiterated that the data from IDSP does not indicate any unusual rise in influenza-like illness (ILI) and severe acute respiratory illnesses (SARI) cases anywhere in the country.This is also corroborated by the ICMR sentinel surveillance...
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