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Insurers face business interruption claims after global tech outage

by AIP Online Bureau | Jul 22, 2024 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Risk Management

“Some cyber insurance policies exclude non-malicious events, and there are waiting periods and deductibles that businesses will have to consider before making a claim with their insurance carriers,” said Nir Perry, CEO at CyberWrite, a cyber insurance risk...

Lung diseases’ burden much higher than Lancet’s projection: Doctors

by AIP Online Bureau | Jul 21, 2024 | Eco/Invest/Demography, Facts, Health, Non-Life, Policy, Risk Management

“It is going to remain the number one killer and disabling disease with continued bad lifestyle and increasing stress. Yet, there is a lack of understanding of the exact mechanism of formation of these blockages (in the heart’s blood vessels). Till we...

‘India staring at infertility crisis may alter population dynamics ‘ says top IVF chain Founder

by AIP Online Bureau | Jul 21, 2024 | Eco/Invest/Demography, Facts, Technology

“This silent epidemic, affecting one in six couples, is rapidly evolving into a national emergency with far-reaching consequences for India’s societal structure and economic prospects,” Dr Ajay Murdia, Founder and Chairman of Indira IVF, said...

Elderly population in India likely to double by 2050: UNFPA India chief

by AIP Online Bureau | Jul 21, 2024 | Data, Eco/Invest/Demography, Health, Pension & Social Security, Policy

She said as the number of individuals, aged 60 and above, is projected to double to 346 million by 2050, there is a pressing need for increased investment in healthcare, housing and pension schemes New Delhi: India’s elderly population is expected to double by...

1 dead from Nipah virus in Kerala, 60 identified as high-risk

by AIP Online Bureau | Jul 21, 2024 | Eco/Invest/Demography, Health, Indian News

Nipah, which comes from fruit bats and animals such as pigs, can cause a lethal, brain-swelling fever in humans. It is classified as a priority pathogen by the World Health Organization (WHO) because of its potential to trigger an epidemic. There is no vaccine to...
LIC stock gives highest return among top 10 firms by market cap in last one year

LIC stock gives highest return among top 10 firms by market cap in last one year

by AIP Online Bureau | Jul 21, 2024 | Eco/Invest/Demography, Indian News, Life

LIC, nation’s biggest insurer has given the highest returns of 74 per cent in the last one year among the top 10 firms by market capitalization and the only non-sensex stock followed by the telecom major Bharti Airtel Ltd with the gain of 68.20 per cent, the country’s...

FPIs invest Rs 30,772 cr in equities in July so far on sustained growth

by AIP Online Bureau | Jul 21, 2024 | Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy

The anticipation of a reform-oriented budget has also lifted investor sentiment, Himanshu Srivastava, Associate Director – Manager Research at Morningstar Investment Research India, said New Delhi: Foreign investors injected Rs 30,772 crore into Indian equities...

Commercial vehicle sales surge amid rapid urbanisation, economic growth in India

by AIP Online Bureau | Jul 21, 2024 | Data, Eco/Invest/Demography, Technology

According to Nishant Arya, Vice Chairman and Managing Director, JBM Group, the global transportation sector accounts for approximately 24 per cent of direct CO2 emissions from fuel combustion and, therefore, “it becomes our shared responsibility to address this...

100 crore new jobs to be created globally in 20 years, India to have 25 pc share, says NSDC chief

by AIP Online Bureau | Jul 21, 2024 | Data, Eco/Invest/Demography, Policy

As many as 12.5 crore jobs were created during the fiscal years of 2014-24, marking a four-fold jump from the 2004-2014 period, which saw the creation of about 2.9 crore jobs New Delhi:The world is likely to see a huge addition of 100 crore new workers in the global...

UPI adding up to 60 lakh new users every month, global adoption surge

by AIP Online Bureau | Jul 21, 2024 | Data, Eco/Invest/Demography, Risk Management, Technology

According to the latest National Payments Corporation of India (NPCI) data, the number of transactions on the UPI platform went up 49 per cent year-on-year to 13.9 billion in June and the transaction value rose 36 per cent to Rs 20.1 trillion. Also, the average daily...
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