by AIP Online Bureau | Feb 19, 2024 | Briefs, Eco/Invest/Demography, Intermediaries, Life
Bajaj Allianz Life, and Satin Creditcare Network , a non-banking finance company – Micro Finance Institution (NBFC – MFI), announced their strategic partnership with insurance broker Coverfox, to improve financial inclusion in rural India. Now customers of...
by AIP Online Bureau | Feb 19, 2024 | Eco/Invest/Demography, Policy, Risk Management, Technology
“In the course of activities undertaken to keep the Aadhaar database updated, intimations are issued from time to time to Aadhaar number holders. In this connection, it is clarified that no Aadhaar number has been cancelled,” UIDAI said New Delhi: Unique...
by AIP Online Bureau | Feb 19, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology
Social media companies face mounting legal risks from claims that they use algorithms to get teenagers and adolescents addicted to their platforms. Meta was sued by the attorneys general of more than 30 states over similar claims in October. A month later, a judge in...
by AIP Online Bureau | Feb 19, 2024 | International News, Policy, Regulation, Simple, Technology
The European Union’s Digital Services Act (DSA), which applies to all online platforms since Feb. 17, requires in particular very large online platforms and search engines to do more to tackle illegal online content and risks to public security The European...
by AIP Online Bureau | Feb 19, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
People will be able to flag deepfakes by sending it to the WhatsApp chatbot which will offer multilingual support in English and three regional languages (Hindi, Tamil, Telugu) New Delhi: The Misinformation Combat Alliance (MCA) and Meta have announced that a...
by AIP Online Bureau | Feb 19, 2024 | Eco/Invest/Demography, Health, Indian News, Pension & Social Security, Policy
More than 75 per cent of elderly people in India suffer from chronic diseases and these figures indicate the potential of the home-based care market in India. As per the report, the size of the home healthcare market in India was estimated at USD 6.2 billion (Rs 50,...
by AIP Online Bureau | Feb 19, 2024 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
”The fact that the crucial Buffet Ratio (market cap to GDP) is signalling very high valuation at above 120 per cent is a matter of concern. But this is unlikely to halt the bull run in the near-term since flows into the market from domestic individual investors...
by AIP Online Bureau | Feb 19, 2024 | Eco/Invest/Demography, International News, Technology
As AI technology continues to evolve and proliferate, experts warn of the growing sophistication and speed of deepfake production, outpacing traditional verification processes employed by election authorities. It is hard for the authorities to combat deepfake...
by AIP Online Bureau | Feb 18, 2024 | Briefs, Non-Life, Regulation, Reinsurance
Star Health and Allied Insurance Company said that it has received a tax demand order for Rs 170 crore, along with a penalty of Rs 8.7 crore on non-payment of GST liability on the re-insurance commission received by the company during the period April 2018 to March...
by AIP Online Bureau | Feb 18, 2024 | Data, Eco/Invest/Demography, Policy, Risk Management
Also, the latest selling could be attributed to the uncertainty surrounding the interest rate environment, both domestically as well as globally, Himanshu Srivastava, Associate Director Manager Research, Morningstar Investment Research India, said New Delhi: Foreign...