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Mcap of BSE-listed firms hits new peak at Rs 3.91 lakh cr; investors add Rs 2.20 lakh cr

Mcap of BSE-listed firms hits new peak at Rs 3.91 lakh cr; investors add Rs 2.20 lakh cr

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...

Deepfakes surge ahead of general elections in S. Korea

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...

Star Health gets GST notice of Rs 170 cr on reinsurance deals

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...

FPIs cautious on equities; take out Rs 3,776 cr in Feb so far on spike in US bond yields

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...

Policybazaar Insurance Brokers gets reinsurance license

by AIP Online Bureau | Feb 18, 2024 | Briefs, Intermediaries, Non-Life, Reinsurance

Policybazaar Insurance Brokers (Policybazaar), PB Fintech’s wholly-owned subsidiary, has received the nod from the IRDAI ) to upgrade its license from a direct insurance broker to a composite insurance broker. A composite insurance broker can also intermediate...
RBI action on Paytm Payments Bank has drawn fintechs’ attention to compliance of laws: Chandrasekhar

RBI action on Paytm Payments Bank has drawn fintechs’ attention to compliance of laws: Chandrasekhar

by AIP Online Bureau | Feb 18, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

“I think it has drawn the attention of fintech entrepreneurs, to the fact that you also have to know how to comply with the law. Regulatory compliance is not an optional thing for any country in the world, certainly not in India, and it is something that they...

Follow scientific advice, not treatment claims based on traditional medicine: Eye doctors’ body

by AIP Online Bureau | Feb 18, 2024 | Eco/Invest/Demography, Facts, Health, Risk Management

There has been a spurt in advertisements in the media urging people to stop their established therapies for eye diseases and luring them to switch to unscientific treatment modalities.This is leading to an alarming situation. It’s essential to rely on validated,...
CDSCO issues sampling guidelines to ensuring quality and efficacy of drugs cosmetics

CDSCO issues sampling guidelines to ensuring quality and efficacy of drugs cosmetics

by AIP Online Bureau | Feb 18, 2024 | Eco/Invest/Demography, Health, Indian News, Policy, Regulation

This guidelines will be useful for effective surveillance for quality and efficacy of drugs and cosmetics available in the market by adopting uniform drug sampling methodology for drug inspectors under drug regulatory authorities of state and central governments, the...
“Doctor on Wheels”: the first-of-its-kind, state-of-the-art, AI driven free Mobile Telemedicine Clinic launched in J&K

“Doctor on Wheels”: the first-of-its-kind, state-of-the-art, AI driven free Mobile Telemedicine Clinic launched in J&K

by AIP Online Bureau | Feb 18, 2024 | Eco/Invest/Demography, Health, Indian News, Technology

The obstacles like quality of services, specialised doctor, distance of travelling and cost of consultation/treatment are targeted and solved efficiently through this facility. Ordinarily, a metro hospital will cost a patient very heavily and may take two to three...

Approximately 60 per cent of prostate cancer diagnosis occur in individuals aged 65 or above: Experts

by AIP Online Bureau | Feb 17, 2024 | Facts, Health

There is a concerning rise in the number of prostate cancer cases, alongside breast, lung, cervical, and oral cancer. The likelihood of developing prostate cancer rises with age, particularly after reaching 50 years old. S.K Raghunath, Uro-Oncologist, HCG Hospital...
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