by AIP Online Bureau | Apr 28, 2024 | Eco/Invest/Demography, Indian News, Policy
“While a record Rabi crop will help in moderating cereal prices, the increasing occurrence of weather shocks poses an upside risk to food prices. Geopolitical tensions and their effect on oil prices add to this risk. However, Kharif crop prospects look bright at...
by AIP Online Bureau | Apr 28, 2024 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Life, Non-Life, Policy, Risk Management
A working group, that included insurance regulator IRDAI, went into issues related to the insurance sector during 2022-23 fiscal and the revised guidelines laid “special stress” for generating alerts in cases of frauds experienced by the insurance firms...
by AIP Online Bureau | Apr 28, 2024 | Eco/Invest/Demography, Features, Technology
Tang Daosheng, a senior executive from Chinese tech giant Tencent, joined Toyota’s presentation at the auto show, saying the company would provide big data and cloud computing services for Toyota vehicles and connect its ubiquitous WeChat messaging and e-payment...
by AIP Online Bureau | Apr 27, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology
S Krishnan,Secretary,Ministry of Electronics and Information Technology “With this space (cyber security) getting critical, national risks are also huge. It is not at the individual level but even at the national level, the cyber security risks are huge. What we...
by AIP Online Bureau | Apr 27, 2024 | Banking & Bancassurance, Indian News, Non-Life
Kishore Kumar Poludasu,MD and CEO,SBI General Insurance “The retail business led by Motor and Health have shown strong growth. SBI General Insurance continues to be No. 1 in the Personal Accident segment in the private market, along with its strong presence in...
by AIP Online Bureau | Apr 27, 2024 | Indian News, Regulation, Risk Management
MDH and Everest spices are among the most popular in India and are also sold in Europe, Asia and North America. India’s food regulator, the Food Safety and Standards Authority of India (FSSAI), is now checking the quality standards of the two companies,...
by AIP Online Bureau | Apr 27, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Al-Houthi also claimed that his group had attacked 102 vessels linked to Israel since the onset of the Israel-Hamas conflict on October 7, 2023, adding that “successful strikes against Israeli-affiliated ships, occurring at a rate of approximately one every two...
by AIP Online Bureau | Apr 27, 2024 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation, Reinsurance, Risk Management, Technology
Debasish Panda,chairman,IRDAI The industry’s preparedness for transitioning towards Risk-Based Supervision, Risk Based Capital frameworks and convergence to International Financial Reporting Standards (Ind-AS) took center stage of the latest Bima Manthan, with...
by AIP Online Bureau | Apr 27, 2024 | International News, Risk Management, Technology
Pilots declared an emergency so the flight could be be routed quickly back to the airport, and the plane landed and taxied to a gate under its own power, according to the airline.There were 176 passengers, two pilots and five flight attendants on board the flight,...
by AIP Online Bureau | Apr 27, 2024 | Eco/Invest/Demography, Health, International News, Policy
One person, a Texas farm worker, has been confirmed to have bird flu and suffered conjunctivitis in the current outbreak following exposure to dairy cows. Both the Centers for Disease Control and Prevention and the World Health Organization said on Friday the current...