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Banks asked to check mis-selling of insurance products, safeguard account holders’ interest: DFS Secy

Banks asked to check mis-selling of insurance products, safeguard account holders’ interest: DFS Secy

by AIP Online Bureau | Mar 17, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Policy

Vivek Joshi ,Financial Services Secretary Banks have been sensitised on the matter, as the Department of Financial Services (DFS) regularly gets complaints that fraudulent and unethical practices are being adopted by banks and life insurance companies for procuring...

Election Commission to use two laws counter-narrative to curb misinformation during Lok Sabha polls

by AIP Online Bureau | Mar 16, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

“Tackling misinformation in today’s digital age is complex. We have put certain measures in place to ensure misinformation is nipped in the bud. We will be proactive in debunking fake news. Originators of fake news will be dealt with severely as per extant...

Bankers in India to get higher salary increases than Singapore, Hong Kong

by AIP Online Bureau | Mar 16, 2024 | Data, Eco/Invest/Demography, Indian News

Investment bankers can already earn more in India’s major urban centers such as Mumbai and GIFT city, the nation’s free market zone, than in Singapore and Hong Kong. The average base salary is 4.5 per cent higher than in Hong Kong and 7.7 per cent more than in...

WHO and UNICEF launch free online course to address children’s environmental health

by AIP Online Bureau | Mar 16, 2024 | Eco/Invest/Demography, Facts, Health

The course provides an in-depth exploration of children’s environmental health, covering key topics of global concern such as air pollution, climate change, e-waste, lead, pesticides and other hazards affecting children’s well-being. Participants will gain...

Neurological conditions now leading cause of ill health and disability globally: Lancet study

by AIP Online Bureau | Mar 16, 2024 | Data, Eco/Invest/Demography, Health, Risk Management

The top 10 contributors to neurological health loss in 2021 were stroke, neonatal encephalopathy (brain injury), migraine, Alzheimer’s disease and other dementias, diabetic neuropathy (nerve damage), meningitis, epilepsy, neurological complications from preterm...

Age, sex, location could be important to antibiotic resistance, study finds

by AIP Online Bureau | Mar 16, 2024 | Data, Eco/Invest/Demography, Health

Antibiotic, or antimicrobial, resistance is a global public health threat and occurs when disease-causing germs evolve and develop a resistance to the very drugs designed to kill them, rendering these drugs ineffective Age, sex and location could be important in...
European regulator says it would pull Boeing approval if needed

European regulator says it would pull Boeing approval if needed

by AIP Online Bureau | Mar 16, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

European Union Aviation Safety Agency’s (EASA) acting executive director, Luc Tytgat, gave the first public indication that international cooperation underpinning global airplane production was being tested as rarely before by the ongoing crisis over...
Govt approves 17 % wage hike for LIC employees

Govt approves 17 % wage hike for LIC employees

by AIP Online Bureau | Mar 15, 2024 | Indian News, Life

The revision incorporates an enhancement in National Pension System( NPS) contribution from 10% to 14% for a better future of nearly 24,000 employees, who had joined after Apr, 2010 Mumbai: After banking, the government has approved a 17 per cent hike in the wages of...

FSIB to select CMDs of New India and United India on Mar 20-21, AIC’s Girija S top contender for NIA

by AIP Online Bureau | Mar 15, 2024 | Indian News, Non-Life, Policy

This is also for the first time that a serving CMD of a PSU entity is again appearing for the interview to be selected as a CMD of another PSU insurer. Earlier, there were instances, where CMD of one PSU general insurer had been shifted another PSU general insurer...
US prosecutors probing Gautam Adani and his group over potential bribery

US prosecutors probing Gautam Adani and his group over potential bribery

by AIP Online Bureau | Mar 15, 2024 | Eco/Invest/Demography, Indian News, Risk Management

Gautam Adani, chairman, Adani Group In addition to being a monolithic presence in its home country, with ports, airports, power lines and highway developments, Adani Group attracts capital from around the world. US law allows federal prosecutors to pursue foreign...
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