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OpenAI faces new copyright case, from global book publishers in India

by AIP Online Bureau | Jan 24, 2025 | Indian News, Risk Management, Technology

The case was filed on behalf of all the federation’s members, who include publishers like Bloomsbury, Penguin Random House, Cambridge University Press and Pan Macmillan, as well as India’s Rupa Publications and S.Chand and Co, said New Delhi-based...

China guides mutual funds, insurers to invest more in stocks

by AIP Online Bureau | Jan 23, 2025 | Eco/Invest/Demography, International News, Policy, Regulation, Wealth Management/ Philanthropy

China will commence the second stage of a trial program for insurers’ long-term equity investments in the first half of this year, with an amount of at least 100 billion yuan ($13.7 billion), Wu also said at the briefing. China is guiding local mutual funds and...
MFs, insurers and retail investors buy $8 billion of Indian equities in Jan as FIIs sell

MFs, insurers and retail investors buy $8 billion of Indian equities in Jan as FIIs sell

by AIP Online Bureau | Jan 23, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Wealth Management/ Philanthropy

A greater participation of mutual funds, insurance firms and retail investors in the Indian stock market has made India one of the top five markets globally despite waning ownership of foreigners New Delhi: The Indian equity market’s reliance on domestic investors has...
NHRC faults probe of Foxconn hiring, orders new inquiry

NHRC faults probe of Foxconn hiring, orders new inquiry

by AIP Online Bureau | Jan 23, 2025 | Indian News, Regulation, Risk Management, Technology, Workplace/Employee Benefits

“The commission has no hesitation in stating that the authorities concerned have failed to identify and understand the core issue” said NHRC NEW DELHI: India’s powerful human rights watchdog has admonished labor officials for failure to adequately...
CCPA issues notice to Apple over iPhone performance issues

CCPA issues notice to Apple over iPhone performance issues

by AIP Online Bureau | Jan 23, 2025 | Indian News, Regulation, Technology

The notice seeks Apple’s explanation regarding reported technical issues with the software update. The complaints have been received on the National Consumer Helpline regarding the performance issues of iPhones New Delhi: Consumer Affairs Minister Pralhad Joshi...
South Korea to change airport design after deadly Jeju air crash

South Korea to change airport design after deadly Jeju air crash

by AIP Online Bureau | Jan 22, 2025 | International News, Regulation, Risk Management

Runway end safety areas at nine airports will be lengthened to 240 meters (787 feet), or the structure holding the so-called localizer — an instrument used to guide landing plane — will be changed to an easily breakable material, Korea’s transport ministry said in a...

Go Digit Q3 net profit surges nearly 3-fold to Rs 119 crore

by AIP Online Bureau | Jan 22, 2025 | Data, Indian News, Non-Life

The insurer’s combined Ratio for Q3 2025 is 108.1%, as compared to 110.3% in Q3 2024 New Delhi: General insurance firm Go digit on Wednesday reported a nearly three-fold rise in its net profit at Rs 119 crore in the three months ended December 2024. The...
Employee medical plan costs: Aon forecasts 11.1% increase for businesses in Asia Pacific

Employee medical plan costs: Aon forecasts 11.1% increase for businesses in Asia Pacific

by AIP Online Bureau | Jan 22, 2025 | Articles, Eco/Invest/Demography, Health, Non-Life, Reinsurance, Risk Management

“The high medical trend rate can also be attributed to a higher incidence of cancer and chronic conditions than before the COVID-19 pandemic. Managing the impact of medical inflation therefore should be a top priority for all southeast Asia markets and...
India expands Russian insurers’ pool after US sanctions

India expands Russian insurers’ pool after US sanctions

by AIP Online Bureau | Jan 22, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

As well as extending approvals for some sanctioned providers, India’s Directorate General of Shipping authorized Soglasie Insurance Co. to provide insurance for vessels entering Indian ports until February 2026, according to to the regulator’s website. As Soglasie...

Budget FY25-26 : Taxpayers seek income tax cuts – Survey

by AIP Online Bureau | Jan 22, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Grant Thornton Bharat, Partner, Akhil Chandna said an increase in NPS tax deduction limits and more flexible NPS withdrawal rules would certainly promote retirement savings in the hands of taxpayers New Delhi: As many as 57 per cent of individual taxpayers want taxes...
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