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Commerce min plans to expand food testing infrastructure to boost exports Official

by AIP Online Bureau | Jan 2, 2025 | Eco/Invest/Demography, Health, Indian News, Policy, Regulation, Risk Management

“Though we have taken a number of measures, we are doing a deeper analysis commodity and area-wise. We are trying to find out gaps in our food testing infrastructure. We hope that the study will be over in 2-3 months and after that we will come up with a full...

Brazil says workers at China’s BYD site are victims of human trafficking

by AIP Online Bureau | Jan 2, 2025 | Eco/Invest/Demography, International News, Policy, Regulation

The investigation also brings unwelcome attention to BYD when it is seeking to expand globally after having gained dominance in China, the world’s largest auto market, where it now takes up more than a third of the market of EVs and plug-in hybrids Chinese workers at...
Commercial aviation suffers deadliest year since 2018

Commercial aviation suffers deadliest year since 2018

by AIP Online Bureau | Jan 2, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology

The spike in fatalities marks a reversal from 2023, which became the safest year ever in aviation with no deaths among large passenger jetliners — typically planes made by Airbus SE and Boeing. Commercial aviation has suffered its deadliest year since 2018 after the...
FinMin asks banks, insurance firms to expedite public grievances resolution

FinMin asks banks, insurance firms to expedite public grievances resolution

by AIP Online Bureau | Jan 1, 2025 | Banking & Bancassurance, Indian News, Life, Non-Life, Policy, Regulation

M Nagaraju, Secretary, Department of Financial services At the outset, the Secretary reiterated the Prime Minister’s direction given in the Pragati meeting held on December 26, that all the Senior officers at the level of Chairman/ MD/ ED of PSBs/PSICs should...
Govt extends PMFSBY and RWBCIC till FY25-26, sets up Rs 824.77 crore technology fund for crop claim settlement

Govt extends PMFSBY and RWBCIC till FY25-26, sets up Rs 824.77 crore technology fund for crop claim settlement

by AIP Online Bureau | Jan 1, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Technology

Prime Minister Narendra Modi For large scale technology infusion in implementation of the scheme leading to increasing transparency and claim calculation and settlement, the Union Cabinet has also approved creation of Fund for Innovation and Technology (FIAT) with a...
2024 Insurance Amendment Bill: Ushering in a New Era in Indian Insurance

2024 Insurance Amendment Bill: Ushering in a New Era in Indian Insurance

by AIP Online Bureau | Dec 31, 2024 | Articles, Eco/Invest/Demography, Non-Life, Policy, Regulation, Reinsurance

Shailaja Lall & Shivangi Talwarer Some clarity has been provided on ‘services related or incidental to insurance business’ under the 2024 Amendment Bill which includes carrying on and transacting guarantee and indemnity business, managing, selling and realising...
Sebi issues clarification on cybersecurity norms, offers compliance extensions

Sebi issues clarification on cybersecurity norms, offers compliance extensions

by AIP Online Bureau | Dec 31, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Workplace/Employee Benefits

The framework is designed to ensure that Sebi-regulated entities (REs) maintain robust cybersecurity posture, remain equipped with adequate cyber resiliency measures and can withstand, respond to, and recover from cyber threats, effectively New Delhi: Sebi on Tuesday...

Year ender: Mutual fund industry’s AUM surges over 500 pc in a decade

by AIP Online Bureau | Dec 31, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Rural and semi-urban areas now account for 50 per cent of the total SIP accounts in the country. Meanwhile, AUM growth in B-30 (Beyond 30 cities) outpaced the top-30 cities during this period. New Delhi: Indian mutual fund industry’s assets under management (AUM) saw...

20th SIRC-Revolutionise(Re)Insurance

by AIP Online Bureau | Dec 31, 2024 | Features, Non-Life, Reinsurance

After Monte Carlo Rendez-Vous de Septembre and Baden Baden Reinsurance Meet, the global reinsurance industry has gathered in Singapore for 20th SIRC ,in the 1st week of November, to prepare itself for the Jan 1 renewals. Asia Insurance Post had prepared a special...

by AIP Online Bureau | Dec 31, 2024 | Workplace/Employee Benefits

SIRC-FDownload...
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