by AIP Online Bureau | Mar 25, 2024 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Risk Management
Indian oil refiners — Moscow’s second-biggest customers after China since the 2022 invasion — will no longer accept tankers owned by state-run Sovcomflot PJSC because of the risk posed by sanctions. The Russian oil-export machine funding the Kremlin’s war in Ukraine...
by AIP Online Bureau | Mar 25, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
The European Union law, effective from March 7, aims to challenge the power of the tech giants by making it easier for people to move between competing online services like social media platforms, internet browsers and app stores. That should in turn open up space for...
by AIP Online Bureau | Mar 25, 2024 | Eco/Invest/Demography, International News, Policy, Regulation
China will continue to open up high-level areas of industry and finance and create more market opportunities, and will firmly safeguard a multilateral trading system with the WTO at its core, Vice Commerce Minister Guo Tingting said . Beijing: China pledged on Monday...
by AIP Online Bureau | Mar 25, 2024 | Indian News, Non-Life, Regulation, Reinsurance, Risk Management
Now, the insurers can change terms, conditions, clauses, warranties, policy and endorsement wordings applicable to certain classes of business such as Fire, Engineering, Motor, Workmen’s Compensation and other classes of insurances which were not allowed earlier....
by AIP Online Bureau | Mar 25, 2024 | Data, Eco/Invest/Demography, Pension & Social Security
A noticeable aspect of the data is the dominance of the 18-25 age group, constituting a significant 56.41 per cent of the total new members added in January 2024 indicating the majority of individuals joining the organized workforce are youth, primarily first-time job...
by AIP Online Bureau | Mar 25, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts, Policy
Global warming could add up to 3.2 percentage points to food inflation every year in a decade’s time, and will affect the Global South more than high-income countries, according to a new international research.The researchers said that Africa and South America...
by AIP Online Bureau | Mar 25, 2024 | Data, Non-Life
The complainant is justified to claim of Rs 30 lakh with an interest rate of 6 per cent from the date of repudiation (June 5, 2019) till its actual realisation, the commission said. It directed the bank and the insurance firm to issue the claim jointly and...
by AIP Online Bureau | Mar 25, 2024 | Eco/Invest/Demography, Features, Technology
With a population set to start shrinking from 2030, Tokyo will nearly double to 335 million yen ($2.2 million) its budget for marriage-support services in the fiscal year starting next month. Nearly one-third of Tokyo men in their 50s have never been married, while...
by AIP Online Bureau | Mar 25, 2024 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography
Earlier this month, the government approved an electric-vehicle policy, under which duty concessions will be given to companies setting up manufacturing units in the country with a minimum investment of USD 500 million, a move aimed at attracting major global players...
by AIP Online Bureau | Mar 25, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
That in turn could inspire watchdogs around the world to pile on, as evidenced in the growing number of antitrust probes in various countries following the opening of EU and U.S. cases. Since AT&T was broken up exactly 40 years ago, no company has faced the...
