by AIP Online Bureau | Jun 4, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation
Insurers have been advised to settle claim payments/on account payments at the earliest and also encourage policyholders to use electronic communication wherever possible for correspondence Hyderabad: As the cyclone Remal have caused widespread loss of lives, property...
by AIP Online Bureau | Jun 4, 2024 | Workplace/Employee Benefits
India’s robust economic growth, driven by record-beating figures, together with strong tax revenues, expanding digital infrastructure, and a resilient manufacturing sector, provides the new government a platform to launch next-generation reforms that could...
by AIP Online Bureau | Jun 4, 2024 | Indian News, Risk Management, Wealth Management/ Philanthropy
The Nifty index dropped as much as 5.43% to 22,000.60 points while the BSE index fell to a low of 72,337.34 points, down 5.4% on the day. That was the biggest fall since April 2020 and pulled stocks sharply away from records highs struck a day earlier “If there...
by AIP Online Bureau | Jun 3, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Risk Management, Technology
The ministry ordered Toyota, Mazda and Yamaha to suspend shipments of some vehicles. It said it will conduct an on-site inspection at Toyota’s central Aichi prefecture headquarters on Tuesday Tokyo: A safety test scandal at Japanese automakers widened on Monday, with...
by AIP Online Bureau | Jun 3, 2024 | Eco/Invest/Demography, Indian News, Policy
“A faster-than-anticipated pace of fiscal consolidation could pave the way for a sooner-rather-than-later sovereign rating upgrade for India,” the analysts said New Delhi: Strong growth and a narrower fiscal deficit can lead to a sovereign rating upgrade...
by AIP Online Bureau | Jun 3, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Risk Management
“Judicial notice is taken of the fact that as recent as on May 30, the official temperature recorded in Delhi was 52.3 degrees Celsius. It is not far to see the day when this city may be only a barren desert, in case the present generation continues an apathetic...
by AIP Online Bureau | Jun 3, 2024 | Data, Regulation, Risk Management, Technology
“Our portfolio of India 2.0 cars will offer six airbags as standard across the line-up. With this, we are showcasing our commitment towards safer mobility,” Brand Director at Volkswagen Passenger Cars India Ashish Gupta said Mumbai:German premium car maker...
by AIP Online Bureau | Jun 3, 2024 | Indian News, Intermediaries, Non-Life, Regulation, Reinsurance
IRDAI has clarified that premium retroceded by the branches of foreign reinsurers and Indian reinsurers to CBRs, premiums ceded to CBRs for the government schemes such as PMFBY, PMJAY, PMJJBY, PMSBY and If total premium ceded by an insurer to CBRs is up to Rs 75...
by AIP Online Bureau | Jun 3, 2024 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The Sensex surged by 1859.88 points, opening at a record 75,821.19. Similarly, the Nifty jumped 603.85 points, starting the day at 23,134.55.The buoyant market sentiment was further bolstered by India’s impressive Q4FY24 GDP growth of 7.8 per cent, surpassing...
by AIP Online Bureau | Jun 2, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management
Porinju Veliyath, Founder – Equity Intelligence noted that there might be intense buying on Monday, pushing the Index to new highs, but future corrections are also expected. The short covering by foreign investors could push Nifty above the 25,000 mark. Mumbai:...
