by AIP Online Bureau | Oct 3, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Wealth Management/ Philanthropy
According to market experts, the domestic market took a sharp downturn following Iran’s launch of ballistic missiles at Israel, sparking fears of retaliation and escalation into war. This could potentially drive up oil prices and lead to inflationary pressures, they...
by AIP Online Bureau | Oct 3, 2024 | Health, Indian News, Life, Non-Life
Siddarth Mohanty, MD &CEO, LIC Siddartha Mohanty, MD &CEO, LIC, said, “Yes , we are now actively searching for an Indian health insurer where we can pick up a large stake but less than 50 per cent. We will not run the company on day- to- day basis but...
by AIP Online Bureau | Oct 2, 2024 | Eco/Invest/Demography, Indian News
German carrier Lufthansa on Wednesday cancelled its flights from Hyderabad to Frankfurt (LH753/01) and from Mumbai to Frankfurt (LH757/01) due to current situation in West Asia New Delhi: Amid escalating tensions in West Asia, some flights from Europe to India have...
by AIP Online Bureau | Oct 2, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Regulation
As per a recent Crisil Ratings report, Indian companies use the Red Sea route through the Suez Canal to trade with Europe, North America, north Africa, and part of the Middle East. The country’s overall merchandise trade (exports and imports combined) in FY23 was Rs...
by AIP Online Bureau | Oct 2, 2024 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Indian News, Non-Life, Policy
Electric two-wheeler sales were 0.90 lakh units, a rise from 0.64 lakh units in the same month last year. The electric three-wheeler segment saw 0.63 lakh unit sales, compared with 0.58 lakh units in September 2023, as per the data New Delhi: In a boost for the...
by AIP Online Bureau | Oct 2, 2024 | Eco/Invest/Demography, International News, Risk Management
Neighbouring countries have closed their airspace and airline crews are navigating alternative routes to avoid the escalating conflict DUBAI: Several airlines operating in the Gulf have adjusted their flight routes to ensure passenger safety following Iran’s...
by AIP Online Bureau | Oct 2, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy
In a letter to states and Union territories on Tuesday, the ministry said that according to the Van (Sanrakshan Evam Samvardhan) Adhiniyam, 1980, and related guidelines, certain forestry activities can be carried out in forest areas in emergency situations, such as...
by AIP Online Bureau | Oct 2, 2024 | Indian News, Non-Life, Reinsurance
The helicopter belonging to the Delhi-based Heritage Aviation, a private firm, took off from the Oxford County Golf Course helipad in Pune and was heading to Juhu in Mumbai when it crashed at 7.40 am, they said. The reason for the crash is yet to be ascertained Pune:...
by AIP Online Bureau | Oct 2, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy
The Centre has released more than Rs14,958 crore to 21 states this year, said the MHA.This includes Rs9,044.80 crore from the SDRF to 21 states, Rs4,528.66 crore from the NDRF to 15 states, and Rs1,385.45 crore from the State Disaster Mitigation Fund (SDMF) to 11...
by AIP Online Bureau | Oct 1, 2024 | Health, Intermediaries, International News, Non-Life
“With the sale of Tranzact, we are exiting this direct-to-consumer market and accelerating our progress toward our long-term free cash flow margin goals,” WTW CEO Carl Hess said Willis Tower Watson said Tuesday it would sell its direct-to-consumer insurance...
