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General Insurance Agents’ body urges FM and GST Council to reduce 18% GST to 5% on retail health covers

by AIP Online Bureau | Jun 18, 2024 | Eco/Invest/Demography, Health, Indian News, Policy

In a memorandum submitted to FM, the Confederation had pointed out that though the gross premium during last five years had almost doubled, leading to the growth of health insurance business in the country, the virtual number of lives covered and number of policies...

Sanlam to buy majority stake in financial wing of top African media group

by AIP Online Bureau | Jun 18, 2024 | Eco/Invest/Demography, International News, Life, Non-Life

The deal gives Sanlam an opportunity to further expand its insurance and financial services business across Africa, the companies said. Opportunities outside South Africa will be facilitated through its SanlamAllianz business JOHANNESBURG: South African insurer Sanlam...
Consumer Affairs Secy cautions e-commerce on ‘unfair’ dark patterns

Consumer Affairs Secy cautions e-commerce on ‘unfair’ dark patterns

by AIP Online Bureau | Jun 18, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

Nidhi Khare, Secretary, Consumer Affairs “Various ways to refrain from using such deceptive designs or improving user interface were suggested such as relying upon consumer feedback, consumer satisfaction, repeat user rate, using in-built app/features to...

Bengal train mishap again brings ‘Kavach’ safety system under spotlight

by AIP Online Bureau | Jun 18, 2024 | Disaster & Management, Indian News, Risk Management, Technology

Senior Northeast Frontier Railway (NFR) official said, “Kavach has not been installed yet in the section where the accident occurred. However, this is part of the High-Density Network (HDN) and Highly Used Network (HUN) routes identified for the implementation of...

Centre takes action against electricity KYC update scam, blocks 392 mobile phones

by AIP Online Bureau | Jun 18, 2024 | Data, Technology

The Department of Telecommunications (DoT) utilised the ‘Chakshu’ portal for reporting and analysing fraudulent activities, initially identifying five suspect numbers.The portal’s AI-driven analysis revealed that 392 handsets linked to 31,740 mobile numbers were...
US Surgeon General calls for social media warning labels to protect adolescents

US Surgeon General calls for social media warning labels to protect adolescents

by AIP Online Bureau | Jun 18, 2024 | Eco/Invest/Demography, Facts, Policy, Regulation, Risk Management, Technology

Vivek Murthy, Surgeon General,US US Surgeon General Murthy wrote in the New York Times on Monday that a warning label alone will not make social media safe for young people but that it can increase awareness and change behavior as shown in evidence from tobacco...
India’s ‘heat trap’ cities make summers worse, says government official

India’s ‘heat trap’ cities make summers worse, says government official

by AIP Online Bureau | Jun 17, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Policy

“The emission of greenhouse gases has gone up. The permeable spaces have gone down considerably. The cities actually have become heat traps.As a result, nights are nearly as uncomfortable as days,Krishna S. Vatsa, a member of the National Disaster Management...

CBIC urges public to discern modus operandi of fraudsters

by AIP Online Bureau | Jun 17, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology

The Ministry of Finance has referred to various news portals and social media platforms that have highlighted a disturbing trend where fraudsters are duping the public into paying money under the false pretence of avoiding legal penalties New Delhi: The Central Board...
13 people killed and 30 injured as Sealdah-bound Kanchanjungha Express collides with a goods train

13 people killed and 30 injured as Sealdah-bound Kanchanjungha Express collides with a goods train

by AIP Online Bureau | Jun 17, 2024 | Disaster & Management, Indian News, Non-Life

“Unfortunate accident in NFR zone. Rescue operations going on at war footing. Railways, NDRF and SDRF are working in close coordination. Injured are being shifted to the hospital. Senior officials have reached site,” posted Union Railway Minister Ashwini...
Budget FY24-25: Sitharaman to hold pre-budget meeting with industry chambers on Jun 20, GST Council to meet on June 22

Budget FY24-25: Sitharaman to hold pre-budget meeting with industry chambers on Jun 20, GST Council to meet on June 22

by AIP Online Bureau | Jun 16, 2024 | Eco/Invest/Demography, Indian News, Policy

The 2024-25 Budget is likely to lay out Modi 3.0 government’s economic agenda.The finance minister will have to look at measures to boost growth without hurting inflation as well as look for resources to meet the coalition government’s compulsion New...
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