by AIP Online Bureau | Jun 22, 2024 | Data, Eco/Invest/Demography, Pension & Social Security
The government pension scheme achieved a growth of 24 per cent in gross enrolments at the end of FY 23-24 standing at 64.4 million. APY is rapidly gaining popularity among women and youth. In FY24, out of the total enrolments, 52 per cent were women and out of the...
by AIP Online Bureau | Jun 22, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life
Officials in the Ministry of Finance have discussed proposals to reduce taxes for consumers with the highest propensity to spend, the people said, asking not to be identified because the talks are private Prime Minister Narendra Modi’s government is considering...
by AIP Online Bureau | Jun 21, 2024 | International News, Non-Life, Reinsurance, Risk Management
Insurance industry sources said on Wednesday there was also mounting concern over the use of attack drone boats by the Houthis Urgent action must be taken in the Red Sea to stop attacks on merchant shipping by Yemen’s Houthis, leading industry groups said on...
by AIP Online Bureau | Jun 21, 2024 | Articles, Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology
Erich Fischer, a climate scientist at ETH Zurich, has been trying to do for heat something similar to what US researchers want to do for precipitation. His work in recent years has helped demonstrate that temperature records around the world are falling by greater and...
by AIP Online Bureau | Jun 21, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
Moscow’s influence over the company was found to pose a significant risk, Commerce Secretary Gina Raimondo said on a briefing call with reporters on Thursday.The software’s privileged access to a computer’s systems could allow it to steal sensitive...
by AIP Online Bureau | Jun 21, 2024 | International News, Risk Management, Technology
Chief Cabinet Secretary Yoshimasa Hayashi confirmed the attacks, stating that JAXA has been investigating the extent of the breaches, ensuring no classified data was compromised Tokyo:Japan’s space agency, JAXA, has faced numerous cyberattacks since the previous...
by AIP Online Bureau | Jun 21, 2024 | Health, Indian News, Non-Life, Policy, Regulation
A policyholder can access information on unclaimed amounts with any insurer in one place at https://bimabharosa.irdai.gov.in/Home/Unclaimed Amount Commenting on the new regulations, Rakesh Jain, CEO, Reliance General Insurance, said, “A key feature in the...
by AIP Online Bureau | Jun 21, 2024 | Eco/Invest/Demography, Health, Indian News, Policy
Uttar Pradesh is the worst-affected having reported 37 deaths followed by Bihar, Rajasthan and Odisha, according to the data compiled under the National Heat-Related Illness and Death Surveillance by the National Centre for Disease Control (NCDC). “The data may not be...
by AIP Online Bureau | Jun 21, 2024 | Eco/Invest/Demography, Indian News, Life, Regulation, Wealth Management/ Philanthropy
Insurers will have to specifically state that market-linked insurance plans are different from traditional endowment policies and carry risks New Delhi: The Insurance Regulatory and Development Authority of India (IRDAI) has issued a master circular barring the...
by AIP Online Bureau | Jun 21, 2024 | Workplace/Employee Benefits
“This policy-based loan will help fill the gaps in policy, legislative, and institutional governance and structures and contribute to India’s goal of providing universal access to quality and affordable health care services to strengthen pandemic preparedness and...