by AIP Online Bureau | Feb 16, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology
Legal academic Liza Lovdahl Gormsen, who is bringing the case on behalf of around 45 million Facebook users in the UK, says users were not properly compensated for the value of personal data they had to provide London: Facebook must face a collective lawsuit valued at...
by AIP Online Bureau | Feb 16, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
Rule 33 of the Delhi Fire Service Regulations mandates to obtain a Fire NOC prior to operating a factory within any building, however, the factory, which claimed lives on Thursday, running in the narrow lanes did not even have any permission. Sources in the Fire...
by AIP Online Bureau | Feb 16, 2024 | Indian News, Life, Wealth Management/ Philanthropy
Siddharth Mohanty(L), Chairman, LIC, Vivek Joshi(R), Secretary, Department of Financial Services, at the launching ceremony of LIC’s Amritbaal The plan is specifically designed to have an adequate corpus to meet the higher education and other needs of a child...
by AIP Online Bureau | Feb 16, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
As per a January 31 order of the central bank, PPBL was asked to stop further deposits, credit transactions, or top-ups in any customer accounts, prepaid instruments, wallets, FASTags, and National Common Mobility Cards, after February 29 Mumbai: The banking regulator...
by AIP Online Bureau | Feb 16, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology
Union IT and Railways Minister Ashwini Vaishnaw “In a global-first move, the Indian startup ecosystem will come together at the milestone launch to challenge the technological, commercial and distribution monopoly of global players, and democratise the Android app...
by AIP Online Bureau | Feb 16, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Workplace/Employee Benefits
”A lingering agitation will cause Rs 500 crores economic loss daily and will have an impact on Q4 Gross State Domestic Product (GSDP) of northern states majorly Punjab, Haryana and Delhi,” said Sanjeev Agrawal, President, PHD Chamber of Commerce and...
by AIP Online Bureau | Feb 16, 2024 | International News, Non-Life, Reinsurance
“We achieved all our financial targets in a year that was characterised by geopolitical turbulence and continued economic uncertainty. Improved price adequacy in our property and casualty businesses following strong renewals and our underwriting discipline...
by AIP Online Bureau | Feb 16, 2024 | Eco/Invest/Demography, Features
As an Indian traveller, getting travel insurance protects you in case of emergencies like medical problems, lost luggage, lost travel funds, or missed flights, to name a few. In addition, travellers must choose a sum insured according to their opinion to cover the...
by AIP Online Bureau | Feb 16, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Many suppliers sign export deals on a cost, insurance and freight basis, making them responsible for any increases in freight and insurance costs New Delhi: Atul Jhunjhunwala, an exporter in the Indian eastern city of Kolkata, is tearing his hair out, having just lost...
by AIP Online Bureau | Feb 16, 2024 | Data, Eco/Invest/Demography, Risk Management, Technology, Workplace/Employee Benefits
”Without the use of governance tools, AI can expose companies to data privacy issues, legal complications, and ethical dilemmas – cases of which we have already seen plaguing many across the world,” Sandip Patel, Managing Director, IBM India and South...
