by AIP Online Bureau | Aug 18, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Reinsurance, Risk Management
“As of now, the spread is not rampant, but looking into the infection, the exporters are definitely concerned, hoping it will not spread,” Federation of Indian Export Organisations (FIEO) Director General Ajay Sahai said The bilateral trade of India with...
by AIP Online Bureau | Aug 18, 2024 | Health, Indian News, Non-Life, Reinsurance
T Babu Paul, executive director,National Insurance Company “Medical treatment costs have increased by 5-20 per cent, and to bridge the cost gap, an industry-wide tariff revision is expected this year. Our average claim amount has jumped to Rs 41,000 from Rs...
by AIP Online Bureau | Aug 18, 2024 | Indian News, Intermediaries, Life
LIC has 13,90,920 agents across the country. Among the larger states, Uttar Pradesh had the maximum number of LIC agents at over 1.84 lakh with an average monthly income of Rs 11,887. Maharashtra had more than 1.61 lakh LIC agents with an average monthly income of Rs...
by AIP Online Bureau | Aug 17, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology
Earlier this year, Moraes ordered X to block certain accounts, as he investigates so-called “digital militias” that have been accused of spreading fake news and hate messages during the government of far-right former President Jair Bolsonaro. Media...
by AIP Online Bureau | Aug 17, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Reinsurance
Eligible beneficiaries can avail of cashless and paperless healthcare services related to hospitalisation across more than 29,000 empanelled hospitals in the country The top speciality care treatments availed by beneficiaries to date are general medicine, infectious...
by AIP Online Bureau | Aug 17, 2024 | Health, Indian News, Policy, Regulation, Workplace/Employee Benefits
The IMA has also demanded a Central Act (Central Protection Act for Doctors) protecting medical professionals from violence at workplaces. It was observed that 26 states have already passed legislation for the protection of healthcare workers in their respective...
by AIP Online Bureau | Aug 17, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy
Nirmala Sitharaman, Finance Minister Addressing the third Voice of Global South Summit virtually, Sitharaman said that recent reports reveal that the implementation of many SDGs in developing economies is stagnating, with some indicators even regressing New Delhi:...
by AIP Online Bureau | Aug 17, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology, Workplace/Employee Benefits
This is for the first time, the government has advertised to hire a private sector professional as a joint secretary, Digital Economy, Fin Tech and Cyber Security along with another financial sector expert, who will also join as a joint secretary, Investment, for the...
by AIP Online Bureau | Aug 17, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Regulation
In a consultation paper released on Friday, Sebi proposed that issuers, in addition to existing green debt securities, be allowed to raise funds through issuance of social bonds, sustainable bonds, and sustainability-linked bonds. These bonds will collectively be...
by AIP Online Bureau | Aug 17, 2024 | Health, Indian News, Policy, Wealth Management/ Philanthropy
Senior IT officials told that transactions over Rs 2 lakh in cash were required to be reported through a statement of financial transaction (SFT) by financial institutions but that was not happening. The department identified some of the businesses, such as hotels,...