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LIC board clears proposal to setup branch office in GIFT City

LIC board clears proposal to setup branch office in GIFT City

by AIP Online Bureau | Dec 27, 2023 | Indian News, Life

Many insurers have set up operations in the GIFT City. HDFC Life International, India First Life and Tata AIA Life have already ventured into the City while SUD Life, ICICI Pru Life Insurance, Care Health and Star Health Insurance have sought licenses to operate from...
Centre issues advisory to social media intermediaries with focus on curbing deepfakes

Centre issues advisory to social media intermediaries with focus on curbing deepfakes

by AIP Online Bureau | Dec 26, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

“A formal advisory has been issued incorporating the ‘agreed to’ procedures to ensure that users on these platforms do not violate the prohibited content in Rule 3(1)(b),” Minister of State for Electronics and IT, Rajeev Chandradekhar said New Delhi: The...
No one wants used EVs, making new ones a tougher sell too

No one wants used EVs, making new ones a tougher sell too

by AIP Online Bureau | Dec 26, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Risk Management, Technology

The problems are expected to intensify in 2024, when many of the 1.2 million EVs sold in Europe in 2021 will come off their three-year leasing contracts and enter the second-hand market. How companies tackle this problem will be key for their bottom lines, consumer...

Hapag-Lloyd to decide on Wednesday about Red Sea routes

by AIP Online Bureau | Dec 26, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The world’s top shipping firms, including Maersk and Hapag Lloyds, stopped transiting the Red Sea after Yemen’s Houthi militant group starting targeting vessels earlier in December, disrupting global trade through the Suez Canal Germany’s Hapag-Lloyd...
‘Will find attackers of merchant navy ships even from depths of seas’, says Defence Min Rajnath Singh

‘Will find attackers of merchant navy ships even from depths of seas’, says Defence Min Rajnath Singh

by AIP Online Bureau | Dec 26, 2023 | Eco/Invest/Demography, Indian News, Policy, Risk Management

“The Indian government has taken the drone attack on MV Chem Pluto and attack on MV Sai Baba in the Red Sea seriously. We will find those who executed the recent attacks on merchant navy ships even from the depths of the seas and take strict action against...

More people are affected by tropical cyclones in Asia than any other region

by AIP Online Bureau | Dec 26, 2023 | Data, Disaster & Management, Eco/Invest/Demography

The study estimates that 6 to 12 per cent of the global population is exposed to tropical cyclones each year, with a large portion of exposure occurring at lower wind velocities The number of people globally impacted by tropical cyclones has nearly doubled from 2002...

New AI model may predict human lifespan, researchers say

by AIP Online Bureau | Dec 25, 2023 | Facts, Technology

“Even though we’re using prediction to evaluate how good these models are, the tool shouldn’t be used for prediction on real people,” says Tina Eliassi-Rad, a professor at Northeastern University, US Researchers have developed an artificial...

COVID-19: India records 628 fresh cases, active caseload at 4,054

by AIP Online Bureau | Dec 25, 2023 | Health, Indian News, Policy

A total of 63 cases of COVID-19 sub-variant JN.1 have been reported in India till Sunday, December 24 New Delhi: India recorded a single-day rise of 628 new COVID-19 cases while the active caseload jumped to 4,054, according to Union Health Ministry data. The total...

Cyber risks biggest threat faced by Indian orgnaisations, says survey

by AIP Online Bureau | Dec 24, 2023 | Data, Eco/Invest/Demography, Risk Management, Technology

Sivarama Krishnan, Partner and Leader, Risk Consulting, PwC India said that the 2023 Global Risk Survey shows that Indian business leaders are not only demonstrating an increased appetite for taking risks but are also doing a reasonable job of identifying...
Litmus test for humans as GenAI starts taking away entry-level jobs

Litmus test for humans as GenAI starts taking away entry-level jobs

by AIP Online Bureau | Dec 24, 2023 | Eco/Invest/Demography, Features, Technology

More than one-third (37 per cent) of business leaders say AI has already replaced workers this year, according to a recent report from ResumeBuilder. According to Asana’s ‘State of AI at Work 2023’ report, employees say that 29 per cent of their work tasks are...
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