by AIP Online Bureau | Jan 9, 2024 | Eco/Invest/Demography, Indian News, Policy
Elaborating on the GIFT-IFSC, Gujarat Chief Minister Bhupendra Patel said there are 580 operational entities in the International Financial Services Centre (IFSC). Notable large-scale investments have already been flowing in GIFT-IFSC, including global players like...
by AIP Online Bureau | Jan 9, 2024 | International News, Regulation, Risk Management, Technology
The Federal Aviation Administration said planes would remain grounded “until operators complete enhanced inspections which include both left and right cabin door exit plugs, door components, and fasteners.” WASHINGTON/CHICAGO: Boeing’s latest 737 MAX...
by AIP Online Bureau | Jan 9, 2024 | Eco/Invest/Demography, Risk Management
Globally, 5.6% of total value added comes from sectors using chips as direct inputs — nearly $6 trillion. Total market cap for the top 20 customers of chip giant Taiwan Semiconductor Manufacturing Co. is around $7.4 trillion. The Taiwan Strait is one of the world’s...
by AIP Online Bureau | Jan 8, 2024 | International News, Risk Management, Technology
Writers Nicholas Basbanes and Nicholas Gage told the court in a proposed class action that the companies infringed their copyrights by including several of their books as part of the data used to train OpenAI’s GPT large language model OpenAI and its financial backer...
by AIP Online Bureau | Jan 8, 2024 | Briefs, Life
Pramerica Life Insurance on Monday announced the launch of its inspiring brand campaign, “This is My Climb.” This powerful campaign, featuring two short films, aims to celebrate the diverse stories of purpose, aspirations, and resilience that define our...
by AIP Online Bureau | Jan 8, 2024 | Indian News, Life, Regulation
In a regulatory filing, LIC said the board has cleared the proposal to invest in a new company, promoted by the NHB, for residential mortgage-backed securities, through equity contribution up to 10 per cent of the share capital Mumbai: Life Insurance Corporation of...
by AIP Online Bureau | Jan 8, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance, Risk Management
Higher global freight and insurance rates, possible upside risk to oil and global trade and re-emergence of potential supply chain would mean cost push inflation pressures New Delhi: India may see around $30 billion shaved off its total exports in the current fiscal...
by AIP Online Bureau | Jan 8, 2024 | Indian News, Life, Reinsurance
Pramod Kumar Arora, member, Actuary, IRDAI Though, the government had advertised for the post sometime back, it decided afterwards to give extension to Arora, who was also managing Reinsurance Department at the IRDAI New Delhi: The government has given two...
by AIP Online Bureau | Jan 8, 2024 | Data, Eco/Invest/Demography, Non-Life
The overall domestic automobile retail sales stood at 2,38,67,990 units in the 2023 calendar year as compared to 2,14,92,324 units in 2022 New Delhi: Aided by robust demand, automobile retail sales in India rose by 11 per cent last year as compared to 2022,...
by AIP Online Bureau | Jan 8, 2024 | Data, Eco/Invest/Demography, Policy, Regulation, Wealth Management/ Philanthropy
The industry saw net inflows of Rs 2.7 trillion in 2023 as compared to an inflow of over Rs 71,000 crore in the preceding year. The huge inflow could be on the back of sustained investor interest in equity funds, arbitrage funds, and index funds & ETFs Mumbai: The...
