by AIP Online Bureau | Oct 5, 2023 | Banking & Bancassurance, Data, Eco/Invest/Demography, Indian News, Technology
The UDGAM portal has been developed by RBI for use by members of the public to facilitate and make it easier for them to search their unclaimed deposits across multiple banks at one place Mumbai: The Reserve Bank of India (RBI) has brought 30 banks on board its...
by AIP Online Bureau | Oct 5, 2023 | Indian News, Non-Life, Policy, Risk Management, Technology
India is making progress in the field of timely prediction of natural calamities like cloudbursts and earthquakes and the country will soon be able to accurately predict these and avoid large scale damage, Kiren Rijuju Union Minister of Earth Sciences Pune: Union...
by AIP Online Bureau | Oct 5, 2023 | International News, Risk Management, Technology
Google’s advertising business has been criticized by advertisers and website publishers for a lack of transparency, with both accusing Google of siphoning off too much revenue. The testimony on advertising is a change from previous testimony that has focused on...
by AIP Online Bureau | Oct 5, 2023 | Banking & Bancassurance, Data, Eco/Invest/Demography, Regulation, Technology
The sector witnessed significant growth in specific segments with alternative lending, banking tech and RegTech emerging as top performers in the first half this year Bengaluru: India’s fintech sector saw a 68 per cent surge in funding in the July-September period...
by AIP Online Bureau | Oct 5, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management, Technology
Disasters are causing average losses of $732 billion-$845 billion each year to infrastructure and buildings, equal to 14% of growth in global gross domestic product in 2022, estimated the Coalition for Disaster Resilient Infrastructure (CDRI) Climate-fuelled disasters...
by AIP Online Bureau | Oct 5, 2023 | Eco/Invest/Demography, Policy, Risk Management, Technology
U.S. Treasury Secretary Janet Yellen The U.S. would face national security concerns without a robust semiconductor sector of its own, she said, adding that last year’s Chips and Science Act will help reverse that trend. U.S. Treasury Secretary Janet Yellen said...
by AIP Online Bureau | Oct 5, 2023 | Data, Eco/Invest/Demography, Policy
Singapore has a 10-year “certificate of entitlement” (COE) system, introduced in 1990, to control the number of vehicles in the small country, which is home to 5.9 million people and can be driven across in less than an hour To own a car in Singapore, a...
by AIP Online Bureau | Oct 4, 2023 | Banking & Bancassurance, Breaking News!, Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation
In a fresh Letter of Urgency, Torrent Investment has stated that during the pendency of its appeals before the SC, the Committee of Creditors (COC) of Reliance Capital have not only conducted the second round of auction, but approved the resolution plan of IIHL and...
by AIP Online Bureau | Oct 4, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Workplace/Employee Benefits
“Earthquake that hit Nepal might be a cause of flash floods in Sikkim. The lake was already vulnerable and was spread across 168 hectares. Its area has now reduced 60 hectares, so about 100 hectares of volume of water has breached the level,” a senior official at the...
by AIP Online Bureau | Oct 4, 2023 | Indian News, Intermediaries, Non-Life, Reinsurance, Risk Management
The combined capabilities of Global Insurance Brokers and Aon will allow us to better serve our clients across India in new geographies and industries. This acquisition will reinforce our commitment to helping our clients navigate volatility and make better decisions...