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2 PMJAY beneficiaries die after angioplasty Gujarat govt orders probe

by AIP Online Bureau | Nov 13, 2024 | Workplace/Employee Benefits

Relatives of these 19 patients, in a video which they made outside the hospital on Monday night, alleged the medical facility conducted the procedures in a haste and kept everyone in the dark just to take undue benefit under the Ayushman Bharat scheme Ahmedabad: The...

Over 5 lakh elderly above 70 enroll for Ayushman cards; highest from MP, Kerala

by AIP Online Bureau | Nov 13, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

Madhya Pradesh had the highest number of applications for enrollment (1.66 lakh) followed by Kerala (1.28 lakh), Uttar Pradesh (69,044), and Gujarat (25,491) New Delhi: More than five lakh senior citizens who are 70 and above have been enrolled for Ayushman cards...
Sensex crashes 984 points, loses 1,795 points in 3 trading sessions

Sensex crashes 984 points, loses 1,795 points in 3 trading sessions

by AIP Online Bureau | Nov 13, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

Equity investors suffered an erosion of Rs 13 lakh crore in market valuation in two days of crash in the BSE benchmark Sensex which lost over 2 per cent during this period Mumbai: The Indian stock market closed on a bearish note on Wednesday with significant declines...

Assessing AI: 73% of enterprises have launched AI, 52% of deployments achieving business value, Infosys Survey

by AIP Online Bureau | Nov 13, 2024 | Data, Eco/Invest/Demography, Risk Management, Technology

Sumit Virmani, EVP and Global Chief Marketing Officer, Infosys, said: “CMOs face the dual challenge of fueling growth in the short-term while articulating the value of their brand investments in the medium term. They recognize AI’s, especially generative...

Indian patent office cautions people against fraudsters seeking money to facilitate IP applications

by AIP Online Bureau | Nov 13, 2024 | Eco/Invest/Demography, Indian News, Technology

“It is, therefore, advised to all the stakeholders who are applying or may have applied for any type of IP applications (i.e. Patents, Designs, Trade Marks, GIs (geographical indications), Designs or Copyright) that they should not fall prey to such false claims...
Passenger vehicle wholesales up marginally at 3,93,238 units in Oct: SIAM

Passenger vehicle wholesales up marginally at 3,93,238 units in Oct: SIAM

by AIP Online Bureau | Nov 13, 2024 | Data, Eco/Invest/Demography, Non-Life

Passenger vehicles posted its highest-ever sales of October in 2024 at 3.93 lakh units, with a growth of 0.9 per cent, albeit on a high base of last October. The two-wheeler segment also posted the highest-ever sales of October in 2024, SIAM Director General Rajesh...

East India better insured to take on retired life than other regions: Max Life Study

by AIP Online Bureau | Nov 12, 2024 | Eco/Invest/Demography, Features, Pension & Social Security

Notably, East India also led in National Pension System (NPS) ownership, with nearly one in four holding an NPS account. Financial product awareness among the respondents from the region was also high, with 97 per cent of individuals aware of life insurance and about...
Next GST Council meet on Dec 21-22, Decision on lower GST rate on health and life insurance

Next GST Council meet on Dec 21-22, Decision on lower GST rate on health and life insurance

by AIP Online Bureau | Nov 12, 2024 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life

Union Finance Minister Nirmala Sitharaman The 55th GST Council meeting would be held during one of these two days in which the much awaited decision on exemption or lower GST rate on health and life insurance would be taken New Delhi: Union Finance Minister Nirmala...

Shriram General in pact to enable Muthoot Securities customers to purchase covers

by AIP Online Bureau | Nov 12, 2024 | Briefs, Non-Life, Wealth Management/ Philanthropy

Shriram General Insurance Company (SGIC) has entered into a partnership with The Muthoot Group as part of which it will enable Muthoot Securities’ customers to purchase general insurance covers. An agreement was signed between Ragesh GR, CEO, Muthoot Securities,...
GIC Re’s net profit up 16% to Rs 1861 crore in Q2FY25

GIC Re’s net profit up 16% to Rs 1861 crore in Q2FY25

by AIP Online Bureau | Nov 12, 2024 | Indian News, Life, Non-Life, Reinsurance

N Ramaswamy, CMD, GIC Re Though the largest Indian reinsurer has cut down its gross premium by 21 per cent to Rs 8,413 crore in the reporting quarter, it has improved its combined ratio, underwriting losses and incurred claims during the period “Our continuous...
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