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States, UTs urged to link ABHA IDs with health portals: Health Secretary

by AIP Online Bureau | Apr 29, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Reinsurance

As per the Ayushman Bharat Digital Mission (ABDM) dashboard, total ABHA IDs created in the country as on April 3, 2024 is 5,894.60 lakhs, Health Secretary Apurva Chandra said Under the ABDM, citizens can create their ABHA numbers, to which their digital health records...

Over 500 relocated to safety as sinking land threatens homes in Ramban, J-K

by AIP Online Bureau | Apr 29, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy

A total of 100 households were affected as 58 houses got completely damaged due to the land subsidence, the official said, adding that so far 500 people have been evacuated and provided shelter at safer places. Jammu: More than 500 people have been relocated to safer...
Kusal Roy to become CEO of Jio Finance

Kusal Roy to become CEO of Jio Finance

by AIP Online Bureau | Apr 29, 2024 | Banking & Bancassurance, Indian News

Kushal Roy,Standard Chartered Plc’s India country manager Jio Financial, the holding company of Jio Finance also plans to launch a mutual fund and an insurance business in addition to a payments business. It has applied to the Reserve Bank of India to convert to a...
IRDAI slaps a Rs 20 lakh fine against Edelweiss Tokio Life Insurance for violating shareholding norms  

IRDAI slaps a Rs 20 lakh fine against Edelweiss Tokio Life Insurance for violating shareholding norms  

by AIP Online Bureau | Apr 29, 2024 | Indian News, Life, Regulation

In an order signed by two members, BC Patnaik, Life and RK Sinha, Finance and Investment , the regulator has alleged that the insurer has carried out changes in the shareholding pattern of the joint venture, without its prior approval and also the company has not...
Indian Navy rescues Panama-flagged crude oil tanker after missile assault

Indian Navy rescues Panama-flagged crude oil tanker after missile assault

by AIP Online Bureau | Apr 29, 2024 | International News, Risk Management

”A mission deployed Indian Naval destroyer INS Kochi responded to a maritime security incident involving the attack on Panama-flagged crude oil tanker MV Andromeda Star on April 26,” the Indian Navy said New Delhi: The Indian Navy swiftly assisted a...
Focus on preventing occupational accidents, diseases: WHO

Focus on preventing occupational accidents, diseases: WHO

by AIP Online Bureau | Apr 28, 2024 | Eco/Invest/Demography, International News, Non-Life, Regulation, Risk Management, Technology, Workplace/Employee Benefits

A safe and healthy working environment supports mental health, and good mental health of course enables people to work productively. Issues such as depression and anxiety are pervasive in workplaces, impacting productivity and performance. When left untreated, the...

Foreign investors withdraw Rs 6,300 crore from Indian stocks in April amid rising US bond yields

by AIP Online Bureau | Apr 28, 2024 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy

“The positive factor is that all FPI selling in the equity markets is getting absorbed by DIIs, HNIs and retail investors. This is the only factor that may reign in FPI selling,” said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services After...
Elon Musk visits China as Tesla seeks self-driving technology rollout

Elon Musk visits China as Tesla seeks self-driving technology rollout

by AIP Online Bureau | Apr 28, 2024 | International News, Technology

The U.S. electric vehicle maker rolled out Full Self-Driving, or FSD, the most autonomous version of its Autopilot software, four years ago but has yet to make it available in China, its second-largest market globally, despite customers urging it to do so...
RCap lenders urge Hinduja Group arm to resolve IRDAI’s concerns early

RCap lenders urge Hinduja Group arm to resolve IRDAI’s concerns early

by AIP Online Bureau | Apr 28, 2024 | Indian News, Life, Non-Life, Regulation

According to the sources, the lenders expressed concerns over the slow progress towards the implementation of RCAP resolution plan, as IIHL is yet to receive the crucial IRDAI approval on the resolution plan.The IRDAI has raised multiple queries and concerns over the...
Cholamandalam General Insurance reports a PBT of Rs 444 crore in FY 24

Cholamandalam General Insurance reports a PBT of Rs 444 crore in FY 24

by AIP Online Bureau | Apr 28, 2024 | Indian News, Non-Life

V. Suryanarayanan, MD&CEO, Cholamandalam General Insurance The insurer has recorded a gross written premium of Rs 7,598 crore for the financial year ending March 31, 2024.The company said due to the impact of natural calamities like Cyclone ‘Biparjoy’,...
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