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FTX used Python code to fake its insurance fund figure: Co-founder

by AIP Online Bureau | Oct 9, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy

FTX’s insurance fund was designed to protect user losses in case of huge, sudden market movements Washington: The collapsed crypto exchange FTX used hidden Python code to misrepresent the value of its insurance fund, according to court testimony by FTX...

India had world’s highest number of preterm births in 2020: Lancet study

by AIP Online Bureau | Oct 9, 2023 | Data, Eco/Invest/Demography, Health, Policy

The high numbers of preterm births in these countries and areas are, in part, a reflection of their large population sizes, high numbers of total births, and weaker health systems that are unable to deliver high-quality family planning, antenatal care, and childbirth...

28 IPOs worth Rs 38,000 crore to hit the street in second half of FY24

by AIP Online Bureau | Oct 9, 2023 | Data, Eco/Invest/Demography, Technology, Wealth Management/ Philanthropy

According to marketmen, the pack is led by OYO which is said to be looking to mop up over Rs 8,300 crore and Go Digit Insurance Mumbai: After a record 31 initial share sales in the first half of this fiscal, the IPO pipeline looks strong with 28 firms eyeing to raise...

“Social media chat rooms being used to recruit terrorists,” says Special IB Director

by AIP Online Bureau | Oct 9, 2023 | Indian News, Policy, Risk Management, Technology

“The IB official said that the anti-social elements are using social media to promote separatism and that social media chat rooms are being used to recruit terrorists,” Dehradun: Special Director of the Intelligence Bureau on Sunday said that social media...

Casino giant MGM expects $100 million hit from hack that led to data breach

by AIP Online Bureau | Oct 9, 2023 | International News, Risk Management, Technology, Workplace/Employee Benefits

The MGM data breach, which the FBI is investigating, is a vivid example of how large organizations remain vulnerable to cybercrime. Analysts who have tracked Scattered Spider say more and more organizations have been falling for the group’s skilled social engineering...
Experts call for limiting number of vehicles per family to curb air pollution, related ailments

Experts call for limiting number of vehicles per family to curb air pollution, related ailments

by AIP Online Bureau | Oct 9, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life

The long-term effects of air pollution include respiratory diseases and lung cancer, and the worst part is that in a city like Delhi. Our children are growing up with poor lung conditions which will result in severity of lung disorders and make India an unhealthy...
Ayushman Bharat covers treatment for mental wellness, says Nirmala Sitharaman

Ayushman Bharat covers treatment for mental wellness, says Nirmala Sitharaman

by AIP Online Bureau | Oct 8, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Regulation

Finance Minister Nirmala Sitharaman Noting that stress among students comes mainly from maniacal competition and pressure of public opinion, the Finance Minister said that counselling facilities are being provided at even district levels, as the Centre takes mental...

Israel-Hamas conflict: Indian exporters may face higher risk premiums, shipping costs

by AIP Online Bureau | Oct 8, 2023 | Indian News, Non-Life, Policy, Reinsurance, Risk Management

”For merchandise exports of India, the war may lead to higher insurance premiums and shipping costs. India’s ECGC may charge higher risk premiums from Indian firms exporting to Israel,” think tank Global Trade Research Initiative (GTRI) said on...

One in three Indian investment advisors are not registered, says Sebi

by AIP Online Bureau | Oct 8, 2023 | Data, Eco/Invest/Demography, Regulation

“There are large numbers, 35% of investment advisers still not registered. The regulator is powerless as many people who provide research and advice to investors have chosen to ignore basic compliance of having themselves registered.,” Madhabi Puri Buch, chairman at...

Drinking dark tea might regulate blood sugar, minimise risk of diabetes: Research

by AIP Online Bureau | Oct 8, 2023 | Facts, Health

“The substantial health benefits of tea, including a reduced risk of cardiovascular disease and type 2 diabetes, have been reported in several studies over recent years, but the mechanisms underlying these benefits have been unclear”, notes the...
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