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Moody’s raises India’s 2024 GDP forecast to 6.8% from 6.1%, India to remain fastest growing G-20 nation ,

by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, Indian News, Policy

“Robust goods and services tax collections, rising auto sales, consumer optimism and double-digit credit growth suggest urban consumption demand remains resilient. On the supply side, expanding manufacturing and services PMIs add to evidence of solid economic...
Malaysia may renew search for lost MH370 decade after it vanished

Malaysia may renew search for lost MH370 decade after it vanished

by AIP Online Bureau | Mar 4, 2024 | International News, Non-Life, Reinsurance, Risk Management, Technology

MH370 vanished on March 8, 2014, on its way to Beijing from Kuala Lumpur with 239 people on board. Investigators concluded the plane deliberately left its planned flightpath, looped back over Malaysia and headed out to sea Malaysian authorities are considering...
Aon appoints its Asia CFO Rishi Mehra as India chief

Aon appoints its Asia CFO Rishi Mehra as India chief

by AIP Online Bureau | Mar 4, 2024 | Indian News, Intermediaries, Non-Life, Reinsurance

Rishi Mehra, India chief, Aon Working closely with Jon Pipe, CEO and principal officer of Aon India Insurance Brokers and Nitin Sethi, CEO of Aon Consulting Private Limited, Mehra will bring together the collective capabilities across Risk, Health,Wealth and Talent...
UN chief appeals for greater support for small islands fighting climate change

UN chief appeals for greater support for small islands fighting climate change

by AIP Online Bureau | Mar 3, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management

“We must have stronger support from the international community – what we call climate justice – which means adequate financing at low cost, quickly decided, in order to allow for all these works that we have been seeing to protect the island against the...

Rising interest rates prompting more people to go in for term deposits:RBI Data

by AIP Online Bureau | Mar 3, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

”Rising return on term deposits has been driving the compositional shift in bank deposits: the share of term deposits in total deposits increased to 60.3 per cent in December 2023 from 57.2 per cent in March 2023,” it said New Delhi: Rising interest rates...
Spending on paan, tobacco, intoxicants increased in last one decade, says Govt Survey

Spending on paan, tobacco, intoxicants increased in last one decade, says Govt Survey

by AIP Online Bureau | Mar 3, 2024 | Eco/Invest/Demography, Health, Indian News

The survey also stated that spending on beverages and processed food has increased to 10.64 per cent in urban areas in 2022-23 from 8.98 per cent in 2011-12. New Delhi: Consumption of paan, tobacco and other intoxicants has increased with people spending a bigger...
Social media platforms need Govt nod to launch AI models in India

Social media platforms need Govt nod to launch AI models in India

by AIP Online Bureau | Mar 3, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

“It is reiterated that non-compliance to the provisions of the IT Act and/or IT Rules would result in potential penal consequences to the intermediaries or platforms or its users when identified, including but not limited to prosecution under IT Act and several...
ICMR study shows COVID vaccine not responsible for heart attacks: Mansukh Mandaviya

ICMR study shows COVID vaccine not responsible for heart attacks: Mansukh Mandaviya

by AIP Online Bureau | Mar 2, 2024 | Eco/Invest/Demography, Health, Indian News

Union Health Minister Mansukh Mandaviya According to a peer-reviewed ICMR study that came out in November last year, vaccines administered for COVID-19 did not increase the risk of sudden death among young adults in India but it was the post-Covid hospitalisation,...
Alok Rungta appointed as MD &CEO of Future Generali India Life Insurance

Alok Rungta appointed as MD &CEO of Future Generali India Life Insurance

by AIP Online Bureau | Mar 2, 2024 | Indian News, Life

Alok Rungta, Managing Director & CEO designate,Future Generali India Life Insurance With an extensive background spanning over two decades in the insurance industry’s diverse markets, Alok is currently the deputy CEO and CFO of the company. Before this, he held...
India eliminates extreme poverty: Brookings article

India eliminates extreme poverty: Brookings article

by AIP Online Bureau | Mar 2, 2024 | Data, Eco/Invest/Demography, Policy

Report said India should now graduate to a higher poverty line, which would then provide an opportunity to redefine existing social protection programs in order to give greater support to the genuine poor New Delhi: India has now officially eliminated ‘extreme...
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