by AIP Online Bureau | Oct 27, 2024 | Indian News, Risk Management
In 14 days, more than 350 flights operated by the Indian carriers have received hoax bomb threats. Most of the threats were issued through social media At least two IndiGo flights were diverted following threats. Its flight 6E 133 (Pune to Jodhpur) was diverted to...
by AIP Online Bureau | Oct 27, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Technology, Wealth Management/ Philanthropy
Shantikanta Das,Governor, Reserve Bank of India “I am actually of the opinion that this is something which should not be allowed to dominate the financial system. Because it has huge financial stability risks, it has huge monetary stability risks, it also poses...
by AIP Online Bureau | Oct 27, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
“The expectation that surety bonds should be cheaper than bank guarantees is unsustainable for insurers. Issues related to pricing, reinsurance options, and lack of clarity on indemnity documents further hinder progress. The Indian Contract Act and Insolvency...
by AIP Online Bureau | Oct 27, 2024 | Eco/Invest/Demography, Indian News, Non-Life
The worst-hit districts include Kendrapara, Balasore and Bhadrak, while the human casualty “still stands at zero”. Whenever there is a disaster, people lose their houses and get compensation. This time, we want to bring a permanent solution to the problem and provide...
by AIP Online Bureau | Oct 27, 2024 | Eco/Invest/Demography, Indian News, Policy
The Department of Legal Affairs in the law ministry has invited comments on the draft Arbitration and Conciliation (Amendment) Bill, 2024, saying “the aim and purpose is to provide further boost to institutional arbitration, reduce court intervention in...
by AIP Online Bureau | Oct 27, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology
Narendra Modi, Prime Minister “There is no legal system called digital arrest; it’s purely fraud, deceit, a criminal enterprise by those who are enemies of society. Various investigative agencies, in collaboration with state governments, are actively...
by AIP Online Bureau | Oct 27, 2024 | Eco/Invest/Demography, Health, Indian News, Policy
VK Paul,member,Niti Aayog “Under PM-ABHIM, in every block in the country, Blocks Public Health units and labs will be made. In 600 districts, Integrated Public Health Units are being planned. The National Centre for Disease Control will have 30 branches across...
by AIP Online Bureau | Oct 27, 2024 | Data, Eco/Invest/Demography, Health, Risk Management, Technology
“Yesterday, Lahore was declared the most polluted city in the world. We have taken several initiatives to address the matter and now we are planning for artificial rain in the city,” Punjab Information Minister Azma Bokhari said during a press briefing on Tuesday...
by AIP Online Bureau | Oct 27, 2024 | Indian News, Policy, Risk Management
“Helmets save lives, but only if they are of good quality. This initiative is crucial in removing unsafe helmets from the market and educating consumers about the importance of BIS-certified products. We urge all stakeholders to actively participate in this...
by AIP Online Bureau | Oct 27, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Wealth Management/ Philanthropy
Looking ahead, the trajectory of global events like geopolitical developments and interest rate movements will play a crucial role in shaping future foreign investment in Indian equities, Himanshu Srivastava, Associate Director, Manager Research, Morningstar...
