by AIP Online Bureau | May 7, 2024 | Briefs, Health, Non-Life, Technology
In partnership with Red Health, ACKO, the tech-first insurer, has added a unique feature of booking an ambulance on its mobile app. The feature is currently available in Bangalore, and will go live in Delhi, Mumbai, Chennai, Hyderabad, and Kolkata in coming weeks. The...
by AIP Online Bureau | May 7, 2024 | Briefs, Life, Wealth Management/ Philanthropy
ICICI Prudential Life Insurance on Monday said it has come out with its first unit-linked product which aligns distributor payouts to their customers’ fund value. Customers can choose from an array of 21 funds under this product, comprising 13 equity and four...
by AIP Online Bureau | May 6, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Policy, Risk Management
Exxon, Shell, TotalEnergies, and Eni have all sought to leave Nigeria’s oil-rich Niger delta in recent years citing security concerns, including theft and sabotage, to focus on deepwater drilling. However, their exits have been delayed by regulatory hurdles. Major oil...
by AIP Online Bureau | May 6, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Policy
The November 2015 dam collapse at the Samarco iron ore mine near the town of Mariana, Minas Gerais, caused a vast flow of mud and mining waste that buried a nearby village, killing 19 people, leaving hundreds homeless and polluting the Doce River, a major river that...
by AIP Online Bureau | May 6, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
It was the fourth such environmental disaster in a year, following floods in July, September and November 2023 that killed 75 people in total Heavy rains in the southern Brazilian state of Rio Grande do Sul killed 39 people, with another 68 still missing, the state...
by AIP Online Bureau | May 6, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The disruptions cause ripple effects across several other container freight routes, particularly from Asia to the east and west coasts of South America, Maersk’s spokesperson said, adding that the Red Sea situation was complex and continued to evolve Disruption to Red...
by AIP Online Bureau | May 6, 2024 | Eco/Invest/Demography, Indian News, Policy, Technology
Nirmala Sitharaman,Finance Minister GST, which was rolled out on July 1, 2017, had subsumed 17 taxes and 13 cesses into a 5-tier structure, thereby simplifying the tax regime. The turnover threshold for registration rose to Rs 40 lakh for goods and Rs 20 lakh for...
by AIP Online Bureau | May 6, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Regulation, Technology
“We have leveraged the existing merchant infrastructure on the UPI to facilitate CBDC transactions…while the number of transactions have reached a high of 1 million (10 lakh) a day, we still see preference for UPI among the retail users. We of course hope that this...
by AIP Online Bureau | May 6, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Technology, Wealth Management/ Philanthropy
“This new solution set, powered by Microsoft, will help provide better and faster market and product intelligence to financial advisors and banking professionals, enabling them to deliver more personalised and timely service to clients,” Suzanne Dann, CEO of Americas...
by AIP Online Bureau | May 6, 2024 | Data, Eco/Invest/Demography, International News, Policy
According to the IǪVIA Institute report, India has long been a critical source of affordable medicines for the United States. Ninety percent of all medicines prescribed for Americans are generic, and 47 percent of those prescriptions are filled with products produced...
