by AIP Online Bureau | Feb 8, 2024 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy
The flow in January was the highest since March 2022, when equity-oriented mutual funds witnessed an inflow of Rs 28,463 crore. Also, the latest flow marks the 35th consecutive month of net inflows in equity funds New Delhi: Equity mutual funds experienced a net...
by AIP Online Bureau | Feb 8, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology
To enhance the security of AePS(Aadhaar Enabled Payment System ) transactions, it is proposed to streamline the onboarding process, including mandatory due diligence, for AePS touchpoint operators, to be followed by banks. Additional fraud risk management requirements...
by AIP Online Bureau | Feb 8, 2024 | International News, Life, Pension & Social Security, Technology, Wealth Management/ Philanthropy
Doug Brown, CEO Insurance, Wealth & Retirement, Aviva said,“Extending this strategic partnership will improve how we serve our customers, further simplify our operations and support our growth ambitions. It will allow us to rationalize our systems and improve...
by AIP Online Bureau | Feb 8, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
Monetary policy must continue to be actively disinflationary, RBI Governor Shaktikanta Das said in his statement MUMBAI: India’s key rate was left unchanged for a sixth straight meeting on Thursday, as inflation remained above the central bank’s 4%...
by AIP Online Bureau | Feb 7, 2024 | Eco/Invest/Demography, International News, Technology
A report in November showed that cybercrime group “Black Basta” had extorted at least $107 million in bitcoin, with much of the laundered ransom payments making their way to the sanctioned Russian cryptocurrency exchange Garantex Payments from...
by AIP Online Bureau | Feb 7, 2024 | Indian News, Non-Life, Reinsurance
`Our results during the quarter are more or less as per expectations. Domestic premium this quarter has come down due to our decreasing agricultural business. Combined ratios have gone up in domestic due to two natural catastrophic events in the quarter,” said N...
by AIP Online Bureau | Feb 7, 2024 | Indian News, Policy
Prime Minister Narendra Modi People’s confidence is improving in PSU shares, the Prime Minister said, as he shared some key facts and inputs in the Upper House to buttress his views that LIC and HAL are making progress in what contradicts the claims of the opposition...
by AIP Online Bureau | Feb 7, 2024 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation
Insurance business pertaining to Government social security schemes such as Pradhan Mantri Awas Yojana, Pradhan Mantri Suraksha Bima Yojana (PMSBY),Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJY), etc. where total/ partial premium is paid by the Government,...
by AIP Online Bureau | Feb 7, 2024 | International News, Risk Management, Technology
The incident has become the biggest crisis for Boeing since its entire fleet of Max jets was grounded worldwide in 2019 following two fatal crashes A dramatic accident on an Alaska Airlines flight last month was apparently triggered by a door plug that hadn’t been...
by AIP Online Bureau | Feb 7, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Regulation, Risk Management
Under the agreement, ESG ratings providers based in the EU “will need to obtain an authorization” from the European Securities and Markets Authority, the Council said A provisional agreement in the European Union setting guardrails around the ESG [environmental,...
