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Law Commission recommends amendments in Prevention of Damage to Public Property Act

by AIP Online Bureau | Feb 3, 2024 | Eco/Invest/Demography, Indian News, Risk Management

The panel said that destruction of public property has continued undiminished and the scale of destruction has only increased over the years causing gargantuan losses to the public exchequer and inconvenience to the general public New Delhi: The 22nd Law Commission,...
IRDAI asks insurers to put in place Climate Risk Management framework by Apr 1

IRDAI asks insurers to put in place Climate Risk Management framework by Apr 1

by AIP Online Bureau | Feb 2, 2024 | Health, Indian News, Life, Non-Life, Regulation, Risk Management

As part of the Board’s internal governance practices, the Board has to consider and adopt appropriate steps and measures towards succession planning through a process of proper identification and nurturing of individuals for taking up directorship and KMP (Key...
Insurers need not seek its prior-approval for going public: IRDAI

Insurers need not seek its prior-approval for going public: IRDAI

by AIP Online Bureau | Feb 2, 2024 | Health, Indian News, Life, Non-Life, Policy, Regulation

The IRDAI will soon provide more clarity on capital structure of the applicants seeking new registration and provide more clarity on applicability of requirement of prior- approval for transfer of shares Hyderabad: Announcing  some key measures, Indian insurance...
Defamation should be retained as an offence in criminal laws: Law Panel

Defamation should be retained as an offence in criminal laws: Law Panel

by AIP Online Bureau | Feb 2, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management

In its report on the law on criminal defamation submitted to the government on Thursday, the panel asserted that it is important to keep in mind that the right to reputation flows from Article 21 of the Constitution, and being a facet of right to life and personal...

14.1 lakh new cancer cases, 9.1 lakh deaths in India during 2022: WHO

by AIP Online Bureau | Feb 2, 2024 | Data, Eco/Invest/Demography, Health

In India, the risk of developing cancer before turning 75 was calculated to be 10.6 per cent, while the risk of dying from cancer by the same age was found to be 7.2 per cent. Globally, these risks were 20 per cent and 9.6 per cent, respectively New Delhi: In 2022,...
Auto makers start 2024 on high note, report growth in Jan sales

Auto makers start 2024 on high note, report growth in Jan sales

by AIP Online Bureau | Feb 2, 2024 | Data, Eco/Invest/Demography, Non-Life

Maruti Suzuki India’s total vehicle sales increased by 15.5 per cent at 1,99,364 units in January from 1,72,535 units in the same month last year, the company said in a statement on Thursday New Delhi: Automobile makers in the country started the New Year on a...
“60 ships, 12 aircraft out at sea every day”, says Coast Guard DG Rakesh Pal on countering rising piracy

“60 ships, 12 aircraft out at sea every day”, says Coast Guard DG Rakesh Pal on countering rising piracy

by AIP Online Bureau | Feb 2, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

On being asked about how the Indian Coast Guard (ICG) is keeping the Exclusive Economic Zone safe amid increased drone and piracy attacks the ICG Director General said that the ICG ships are there practically every 100 to 150 miles away from each other so the response...

Foreigners turn cautious on India stocks as selling crosses $3 bn

by AIP Online Bureau | Feb 2, 2024 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

In 2023, global investors bought $21.4 billion of Indian shares on a net basis, the largest total in three years, with over 40 per cent of foreign inflows coming during the last two months of the year Mumbai: Foreign investors’ January sale of Indian stocks reached...

Budget 2024: WHO and experts hail govt plan to open more medical colleges, boost cervical cancer vaccination for girls

by AIP Online Bureau | Feb 2, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

“The initiatives announced today – upgrading existing hospital infrastructure to increase medical colleges, harmonization of maternal and child care implementation, introduction of HPV vaccination for cervical cancer prevention, and the expansion of the...
Over 35 million new cancer cases predicted in 2050, a 77% increase from 2022

Over 35 million new cancer cases predicted in 2050, a 77% increase from 2022

by AIP Online Bureau | Feb 2, 2024 | Data, Eco/Invest/Demography, Health

Lung cancer was the most commonly occurring cancer worldwide with 2.5 million new cases accounting for 12.4% of the total new cases. Female breast cancer ranked second (2.3 million cases, 11.6%), followed by colorectal cancer (1.9 million cases, 9.6%), prostate cancer...
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