by AIP Online Bureau | Jun 30, 2024 | Data, Eco/Invest/Demography, Pension & Social Security, Policy
The report also showed that the gross addition of members of Employees’ State Insurance Corporation (ESIC) also dipped to 16,760,672 in 2023-24 from 16,773,023 in 2022-23 New Delhi: Retirement fund body EPFO’s gross new subscribers addition declined by...
by AIP Online Bureau | Jun 30, 2024 | Facts, Health, Risk Management
Earlier this year, Florida and Alabama banned the sale of cultivated meat and seafood, which is grown from animal cells. Other states and federal lawmakers also are looking to restrict it, arguing the product could hurt farmers and pose a safety risk to the public...
by AIP Online Bureau | Jun 30, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Currently, the Indian equity market is the fifth largest stock market in the world with a market capitalisation of $5 trillion Mumbai: Indian stock indices gave a stellar performance in the June quarter of FY 2024-25. During the April- June period, Indian stock market...
by AIP Online Bureau | Jun 30, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Annually, India witnesses 80 lakh to 1 crore weddings, outstripping countries like China and the US, where wedding numbers rank much lower. In comparison, the US wedding industry is valued at USD 70 billion, and China’s at USD 170 billion, while India’s...
by AIP Online Bureau | Jun 29, 2024 | Indian News, Pension & Social Security, Policy
N Chandrababu Naidu,Chief Minister,Andhra Pradesh Over 65 lakh beneficiaries under 28 categories will benefit. The new government has also increased pensions to eligible specially-abled persons from Rs 3,000 per month to Rs 6,000 per month Amaravati (Andhra Pradesh):...
by AIP Online Bureau | Jun 29, 2024 | Indian News, Risk Management
As per the Ministry of Civil Aviation sources, the canopy broke during the maintenance work to push out water accumulated in the canopy. No one was injured in the incident Rajkot: A day after the canopy collapsed at Delhi’s Indira Gandhi International Airport,...
by AIP Online Bureau | Jun 29, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News
According to the World Bank, the reforms are expected to result in the production of at least 450,000 metric tonnes of green hydrogen and 1,500 MW of electrolysers per year from FY25/26 onwards, said the World Bank New Delhi: The World Bank on Saturday approved $1.5...
by AIP Online Bureau | Jun 29, 2024 | Eco/Invest/Demography, Indian News, Policy
The issues cast a harsh spotlight on Modi’s building spree, which officials are leaning on to boost development in the world’s fastest-growing major economy. According to Bloomberg Economics, 44.4 trillion rupees ($532 billion) worth of new infrastructure will become...
by AIP Online Bureau | Jun 29, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology, Workplace/Employee Benefits
Foxconn hiring agents and HR sources interviewed by Reuters cited family duties, pregnancy and higher absenteeism as reasons why Foxconn did not hire married women at the plant. The story has sparked debates on TV channels and newspaper editorials New Delhi: The...
by AIP Online Bureau | Jun 28, 2024 | Eco/Invest/Demography, Features, Health, Intermediaries, Main Menu, Non-Life, Policy, Regulation, Risk Management
The journey towards widespread insurance coverage begins with informed individuals and families. India’s insurance penetration rate for 2023-24 is anticipated to be 3.8%, with life insurance penetration expected to be 2.9%. These figures underscore the pressing...