by AIP Online Bureau | Aug 9, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Insurance for ships heading to Russia’s Black Sea ports currently costs tens of thousands of dollars in additional premiums daily, the three sources said, with rates ticking higher following Russia’s attacks on Ukraine’s other waterways through the Danube in recent...
by AIP Online Bureau | Aug 9, 2023 | Facts, Technology, Workplace/Employee Benefits
Zoom, the video conferencing pioneer, is asking employees who live within a 50-mile radius of its offices to work onsite two days a week, a company spokesperson confirmed in an email. Newyork: The company whose name became synonymous with remote work is joining the...
by AIP Online Bureau | Aug 9, 2023 | Health, International News, Non-Life, Pandemic
“We don’t detect a change in severity of EG.5 compared to other sublineages of Omicron that have been in circulation since late 2021.Collectively, available evidence does not suggest that EG.5 has additional public health risks relative to the other...
by AIP Online Bureau | Aug 9, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography
Central Electricity Authority data shows that non-fossil fuel-based power – including hydro, nuclear and renewable energy – accounted for 25.3% of India’s total power generation in the fiscal year that ended in March, up from 24.6% three years...
by AIP Online Bureau | Aug 9, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
”The surge in retail investors’ interest in mutual funds has translated into impressive inflow across scheme categories. The star performer this month has been SIP, with an impressive over 33 lakh new SIP accounts registered and a record Rs 15,215 crore of...
by AIP Online Bureau | Aug 9, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Risk Management, Technology, Workplace/Employee Benefits
Rajeev Chandrasekhar,Minister of State for Electronics and IT “On being notified by the customer, the bank shall credit (shadow reversal) the amount involved in the unauthorised electronic transaction to the customer’s account within 10 working days from the date of...
by AIP Online Bureau | Aug 9, 2023 | Indian News, Non-Life, Policy, Regulation
The company has already deposited an amount of Rs 104 crore as GST under protest, without accepting any liability in this regard and would be filing its response against the notice within the prescribed timelines New Delhi: ICICI Lombard General Insurance has become...
by AIP Online Bureau | Aug 9, 2023 | Health, Indian News, Policy, Workplace/Employee Benefits
“Female government servant and single male govt servants appointed to the civil services and posts in connection with affairs of the Union, are eligible for child care leave (CCL) under Rule 43-C of the Central Civil Services (Leave) Rules, 1972 for a maximum...
by AIP Online Bureau | Aug 9, 2023 | Data, Disaster & Management
“Analyzing the trends over the past 20 years reveals a sharp drop in train accidents, plummeting from 473 during the fiscal year 2000-01 to merely 48 in the fiscal year 2022-23,” Union Minister Arjun Munda said New Delhi: Union Minister Arjun Munda on...
by AIP Online Bureau | Aug 9, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Severe convective storms – storms associated with thunder, lightning, heavy rain, hail, strong winds and sudden temperature changes – caused USD 35 billion (nearly 70%) in insured losses worldwide in the first half of 2023. This means that insured losses are almost...
