by AIP Online Bureau | Dec 31, 2024 | Data, Wealth Management/ Philanthropy
Gold price is hovering at Rs 79,350 per 10 grams in spot markets at present, and Rs 76,600 per 10 grams in futures trade on the Multi Commodity Exchange (MCX) NEW DELHI: Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising...
by AIP Online Bureau | Dec 31, 2024 | Eco/Invest/Demography, International News
The 0.9% increase in 2024 was a slight slowdown from 2023, when the world population grew by 75 million people. In January 2025, 4.2 births and 2.0 deaths were expected worldwide every second, according to the estimates New York: The world population increased by more...
by AIP Online Bureau | Dec 31, 2024 | Indian News, Policy, Risk Management, Technology
Maharashtra Chief Minister Devendra Fadnavis directed the state transport department to enforce policies for scrapping all vehicles above 15 years of age. The Maharashtra government has signed an agreement with Google, to increase the use of AI to strengthen the...
by AIP Online Bureau | Dec 30, 2024 | International News, Non-Life, Reinsurance
The aviation insurance industry could be looking at a claim for about $15-$20 million under the airline hull insurance policy, and total passenger liability claims of $120-$180 million due to the crash, according to Marcos Alvarez, managing director of global...
by AIP Online Bureau | Dec 30, 2024 | International News, Non-Life, Reinsurance, Risk Management
Investigators are examining bird strikes, whether any of the aircraft’s control systems were disabled, and the apparent rush by the pilots to attempt a landing soon after declaring an emergency as possible factors in the crash, fire and transportation officials have...
by AIP Online Bureau | Dec 30, 2024 | Indian News, Life, Non-Life, Technology
Bima Sugam India Federation, an unlisted company, incorporated on June 18, 2024, aims to create and operate a centralised marketplace of insurance products and services. It is currently in the process of mobilising over Rs 200 crore of capital from both life and...
by AIP Online Bureau | Dec 30, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
Details ranging from mobile number, and payment mode to travel itinerary need to be shared with the authorities 24 hours before the departure of an international flight New Delhi: Airlines will have to mandatorily share details of foreign travellers with the Indian...
by AIP Online Bureau | Dec 30, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
“We continue to secure and anchor public trust and confidence to support India’s aspirational goals. We remain committed to developing a modern financial system that is customer-centric, technologically leveraged and financially inclusive,” the new RBI...
by AIP Online Bureau | Dec 30, 2024 | Health, Indian News, Non-Life, Regulation
Insurers repudiated claims amounting to Rs 10,937.18 crore (9.34 per cent) while outstanding claims totalled Rs 7,584.57 crore (6.48 per cent), said the annual report 2023-24 of Insurance Regulatory and Development Authority of India New Delhi: Health insurers...
by AIP Online Bureau | Dec 30, 2024 | Eco/Invest/Demography, Features, Non-Life, Pension & Social Security, Policy, Regulation
The four labour codes on social security, industrial relations, wages, and Occupational Safety Health & Working Conditions (OSH) were passed by Parliament. These can be implemented across the country only when the Centre and states notify the respective rules...
