by AIP Online Bureau | Jan 2, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management
Under the Bharatiya Nyaya Sanhita (BNS), set to replace the Indian Penal Code, drivers who cause serious road accidents due to negligent driving and run away without informing authorities face up to 10 years in prison or a fine of Rs 7 lakh Mumbai/ New Delhi:...
by AIP Online Bureau | Jan 2, 2024 | Indian News, Non-Life, Policy
The five GMs are –BS Rahul, Agriculture Insurance Company(AIC), Sunita Gupta, Oriental insurance Company(OIC), Hitesh Joshi along with two of his other colleagues V Balkrishna and his spouse Jayshree Bala from GIC Re Rahul will only be considered for UII and NIA...
by AIP Online Bureau | Jan 2, 2024 | International News, Non-Life, Reinsurance
All the 367 passengers plus eight toddlers and 12 crew on board the Airbus SE A350-900 plane were safely evacuated, an airline spokesperson said by telephone. Flight JL516, operated by a 2 year old Airbus A350-900 jet, took off from New Chitose airport near Sapporo at...
by AIP Online Bureau | Jan 2, 2024 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy
“We expect an eventual rise to USD 2,400 in 2024, and if the rupee is to be stable, gold is likely to reach around Rs 70,000 levels. As India faces elections, the rupee could weaken as Foreign Institutional Investors (FIIs) are expected to lighten up their...
by AIP Online Bureau | Jan 2, 2024 | Data, Eco/Invest/Demography, Risk Management
The researchers said that while these social media giants may claim to be able to self-regulate their practices in reducing harm to young people, they are yet to do so. Social media giants like Instagram, X (formerly Twitter) and Snapchat collectively gained nearly...
by AIP Online Bureau | Jan 1, 2024 | Data, Eco/Invest/Demography, Health
Ten states and Union territories have so far detected the presence of the JN.1 sub-variant of the virus New Delhi: A total of 196 cases of COVID-19 sub-variant JN.1 have been detected in the country so far, with Odisha joining the list of states that have detected the...
by AIP Online Bureau | Jan 1, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Risk Management
Apprehending that this frequent change in trajectory might impact the economic structure of the hills and plains of north Bengal to a great extent in the coming days, the irrigation department has decided to conduct a thorough “morphology survey” of the river Kolkata:...
by AIP Online Bureau | Jan 1, 2024 | Eco/Invest/Demography, Indian News, Life, Policy, Regulation
LIC will file an appeal before the Commissioner (Appeals), Mumbai, against the said order within the prescribed timeline. The total includes GST worth Rs 365.02 crore, penalty of Rs 404.7 crore and interest of Rs 36.5 crore New Delhi: The Life Insurance Corporation of...
by AIP Online Bureau | Jan 1, 2024 | Facts, Risk Management, Technology
Earlier this year, AirTag helped a passenger to track his lost wallet, even after American Airlines could not find it. The passenger shared the incident on X, mentioning that after realising that he lost his wallet, he contacted American Airlines and they said that...
by AIP Online Bureau | Jan 1, 2024 | Data, Eco/Invest/Demography, Policy, Regulation, Wealth Management/ Philanthropy
The year 2023 has witnessed massive investment by FPIs, thanks to the sharp uptick in inflows of Rs 66,134 crore in December. Going forward, FPI flows are expected to be robust. However, their allocation is likely to be selective, said Kislay Upadhyay –...