by AIP Online Bureau | Sep 22, 2023 | Disaster & Management, Indian News, Policy
Additionally, in case of an untoward incident, Rs 1.5 lakh will be paid in case of death which was earlier Rs 15,000. Amount for grievous injury has been revised to Rs 50,000 from Rs 5,000 for grievous injury and compensation for a simple injury has been revised from...
by AIP Online Bureau | Sep 22, 2023 | Eco/Invest/Demography, Indian News
India has received 780.3 mm of rain during this monsoon season so far, compared to a normal of 832.4 mm. Rainfall between 94 per cent and 106 per cent of the long-period average (LPA) is considered normal. Normally, the country receives an average of 870 mm of...
by AIP Online Bureau | Sep 22, 2023 | Eco/Invest/Demography, Indian News, Policy, Workplace/Employee Benefits
A key driver in this transformation is likely to be the window of a demographic dividend that opened up in 2018 and will probably last till the 2040s, going by fertility and mortality rates,” Reserve Bank Deputy Governor Michael D Patra said Mumbai: India will...
by AIP Online Bureau | Sep 22, 2023 | Banking & Bancassurance, Briefs, Life
Max Life Insurance Company has entered into a bankassurance alliance with AU Small Finance Bank (AU SFB), This collaboration will allow AU SFB’s digitally inclined customers to access the full spectrum of life insurance plans offered by Max...
by AIP Online Bureau | Sep 22, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Risk Management
”They are here because they are making higher returns here… So I don’t see any reason for them to back out because of the current situation, which hopefully we will sort out,” the official said. According to a report by think tank GTRI, Canadian...
by AIP Online Bureau | Sep 22, 2023 | International News, Non-Life, Technology
”We’re incredibly excited about the transformative potential of AI in reshaping the USD 800 billion auto insurance market and are going to be unwavering in our focus to build Roadzen as the leader at the intersection of AI, mobility and insurance,”...
by AIP Online Bureau | Sep 21, 2023 | Features, Health
Condom makers would follow other global firms in chasing India’s growth in disposable income. World Bank data showed that, in 2021, per capita gross domestic product crossed $2,000 – a threshold at which, in China in 2006, consumption jumped BENGALURU:...
by AIP Online Bureau | Sep 21, 2023 | Data, Eco/Invest/Demography, Health
In India, people with Alzheimer’s are possibly between 5.3 million to 8.2 million. Because of the usage of curcumin, a powerful anti-oxidant that possess anti-inflammatory properties which helps fight the disease, Indians have substantially managed the increase of...
by AIP Online Bureau | Sep 21, 2023 | Indian News, Non-Life
Bhargava Dasgupta, MD & CEO, ICICI Lombard General insurance Dasgupta has tendered his resignation, to pursue a career opportunity outside the country, said the company on Thursday.Dasgupta said the company has grown revenues six times and net profit 78 times over...
by AIP Online Bureau | Sep 21, 2023 | Data, Eco/Invest/Demography, Policy
A score closer to 10 indicates a higher level of economic freedom. According to the report, Singapore topped the index. It was followed by Hong Kong, Switzerland, New Zealand, the US, Ireland, Denmark, Australia, the UK, and Canada India slips one notch to 87th out of...