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Severe solar storm brings dazzling Aurora, threatens to trigger blackouts

by AIP Online Bureau | May 11, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

The danger is that the storms can inject direct current into alternating current transmission lines, as well as sending low pulses of electricity through things like railroad tracks and pipelines. Some GPS signals may be lost during the event A severe solar storm this...

10,000 new cases of Thalassemia patients reported each year in India: Health secy

by AIP Online Bureau | May 11, 2024 | Data, Eco/Invest/Demography, Health

Union Health Secretary also advocated for inclusion of compulsory Thalassemia testing in the existing reproductive and child health (RCH) programs under NHM as a means to curtail the prevalence of the disease New Delhi: Apurva Chandra, secretary, Ministry of Health...

Insurance Councils and Panchayat Raj ministry to identify gram panchayats for rural sector business: IRDAI

by AIP Online Bureau | May 10, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life

After the finalisation of the first gram panchayat for each insurer, the council should share the list with the Insurance Regulatory and Development Authority of India New Delhi: With the objective to meet insurance for all by 2047, the sector regulator Irdai on...

Bombay HC allows maternity benefits for third child

by AIP Online Bureau | May 10, 2024 | Health, Indian News, Policy, Workplace/Employee Benefits

“The right to reproduction and childrearing has been recognised as an important facet of a person’s right to privacy, dignity and bodily integrity under Article 21. Article 42 enjoins the State to make provisions for securing just and humane work...

Phi Commerce to manage payment solutions for Reliance Nippon Life Insurance

by AIP Online Bureau | May 10, 2024 | Briefs, Life, Technology

Omnichannel payment solution provider Phi Commerce will manage payment solutions for Reliance Nippon Life Insurance Company (RNLICL) for streamlining the insurer’s payment processes, including premium collections, a company statement said. The arrangement will seek to...
Financial and other constraints prevent almost half of seniors from seeking medical care, study Finds

Financial and other constraints prevent almost half of seniors from seeking medical care, study Finds

by AIP Online Bureau | May 10, 2024 | Data, Eco/Invest/Demography, Health, Risk Management

The NGO said that 48.6 per cent of elderly respondents of the survey in urban areas did not visit doctors regularly due to financial constraints and logistical challenges and the corresponding figure for rural areas was 62.4 per cent A new study that surveyed elderly...

India poised to become world’s third largest consumer market by 2026 outpacing Germany, Japan

by AIP Online Bureau | May 10, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Euromonitor data reveals that in 2023, around 40 million individuals, constituting 4 per cent of the population aged 15 years and above, belonged to the affluent category, with an annual income exceeding USD10,000 India is set to solidify its position as a global...

ICMR releases dietary guidelines, says 56% diseases in India liked to diet

by AIP Online Bureau | May 10, 2024 | Eco/Invest/Demography, Health, Indian News, Risk Management

”A significant proportion of premature deaths can be averted by following a healthy lifestyle,” it said, adding that the upsurge in the consumption of highly processed foods laden with sugars and fats, coupled with reduced physical activity and limited...

ICICI Bank raises stake in ICICI Lombard General Insurance

by AIP Online Bureau | May 10, 2024 | Briefs, Wealth Management/ Philanthropy

Sunil Bharti Mittal-promoted Bharti Enterprises on Thursday offloaded shares of ICICI Lombard General Insurance Company for Rs 663 crore through open market transactions at an average price of Rs 1,722.5 apiece. Bharti Enterprises Ltd sold 38.50 lakh shares, amounting...

Household savings decline due to rising home, auto, personal loans

by AIP Online Bureau | May 9, 2024 | Data, Eco/Invest/Demography, Policy

Chief Economic Advisor V Anantha Nageswaran attributed the decline to a shift in portfolio where savings were being channelised to real assets NEW DELHI: Household savings are estimated to have declined for the third year in a row in FY24 as liabilities on account of...
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