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,...
by AIP Online Bureau | Aug 16, 2024 | Banking & Bancassurance, Health, Indian News, Pension & Social Security, Policy
Nagaraju Maddirala, Secretary-Designate, Department of Financial Services A few issues concerning the insurance industry, Maddirala will look into, with priority, soon after taking over as the secretary are- pending reforms measures which need amendments of various...
by AIP Online Bureau | Aug 16, 2024 | Health, Indian News, Workplace/Employee Benefits
Late on Thursday, the Indian Medical Association, the country’s largest grouping of medics, said it would implement a nationwide shutdown of most departments, except essential services, for 24 hours from Saturday morning, the largest such strike in at least a...
by AIP Online Bureau | Aug 16, 2024 | Health, Indian News, Risk Management
Thoughts of self-harm or suicide in the last 12 months were reported by 16.2 per cent MBBS students while the number was recorded at 31 per cent in MD/MS students, according to the report by the National Task Force on Mental Health and Well-being of Medical Students...
by AIP Online Bureau | Aug 16, 2024 | Eco/Invest/Demography, Health, International News, Regulation
WHO said there have been more than 14,000 cases and 524 deaths in more than a dozen countries across Africa this year, which already exceed last year’s figures Pakistan has detected three patients with the mpox virus, the health department in Khyber Pakhtunkhwa...
by AIP Online Bureau | Aug 15, 2024 | Eco/Invest/Demography, Health, International News, Non-Life, Policy, Regulation, Reinsurance
Biden’s signature Inflation Reduction Act, signed into law in 2022, was the first to allow Medicare to negotiate prices for some of the most costly drugs that the program covers for 66 million people. The new prices will go into effect in 2026 LARGO,...
by AIP Online Bureau | Aug 15, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Jeff Waters, director, North Atlantic Hurricane Models at Moody’s, said, “Hurricane Debby should not be a major event for the (re)insurance market. Debby made landfall just 10 to 15 miles (16 to 24 kilometers) from last year’s Hurricane Idalia’s Florida landfall as a...
by AIP Online Bureau | Aug 15, 2024 | Eco/Invest/Demography, International News, Technology, Workplace/Employee Benefits
Among those deploying automation rapidly are the traditional and regulated industries such as banking and insurance, Rodney Zemmel, senior partner and head of the McKinsey’s digital business said McKinsey & Co. is seeing an increase in the number of clients...
