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Tax department notifies ‘Angel Tax’ rules for valuing investments in startups

by AIP Online Bureau | Sep 26, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology

“These changes offer taxpayers a broader range of valuation methods to choose from, including internationally recognized approaches, thereby attracting foreign investments and fostering clarity. Moreover, the notified final rule introduces an additional...
OpenAI CEO says possible to get regulation wrong, but should not fear it

OpenAI CEO says possible to get regulation wrong, but should not fear it

by AIP Online Bureau | Sep 26, 2023 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management

Sam Altman, CEO,ChatGPT “Models that are like 10,000 times the power of GPT4, models that are like as smart as human civilization, whatever, those probably deserve some regulation,” The CEO of ChatGPT maker OpenAI said on Monday that it was possible to get regulation...

Cipla introduces drone-powered critical medicine delivery in Himachal

by AIP Online Bureau | Sep 26, 2023 | Health, Indian News, Technology

The Mumbai-based firm aims to deliver medicines for cardiac, respiratory and other essential chronic therapies as part of the initiative. The use of drones will support on-time deliveries of the company’s medicines to chemists and clinics in remote areas while...

AI, robots and satellite sensors are helping in the fight against wildfires

by AIP Online Bureau | Sep 26, 2023 | Eco/Invest/Demography, Features, Risk Management, Technology

“It’s a huge game changer for the fire service,” says Schneider of the technology created by Pano AI, which acts as a second set of eyes looking out for fires. While AI alone won’t completely ease the burden of wildfire management, it’s one of a growing number of...

US energy regulator recommends revising reliability standards for extreme weather

by AIP Online Bureau | Sep 26, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Regulation

FERC said the report recommends completing cold weather reliability standard revisions from Winter Storm Uri in 2021 – which resulted in the largest controlled blackout in U.S. history – and making U.S. natural gas infrastructure more reliable The Federal Energy...

Metal-mining pollution impacts 23 mn people globally: Study

by AIP Online Bureau | Sep 26, 2023 | Climate, Environment, Renewable Energy, Features, Health, Risk Management

“Our new method for predicting the dispersal of mine waste in river systems worldwide provides governments, environmental regulators, the mining industry and local communities with a tool that, for the first time, will enable them to assess the offsite and...

SBI General Insurance recognised as a Great Place To work

by AIP Online Bureau | Sep 26, 2023 | Briefs, Non-Life

SBI General Insurance has been recognised as a Great Place To Work® Certified™ in India from September 2023 to September 2024 period. “It is a confirmation of SBI General’s s commitment to supporting its workforce and delivering top-notch service to its...

Every minute 177 Ayushman Bharat cards made, 30 hospital admissions undertaken: Health Ministry

by AIP Online Bureau | Sep 26, 2023 | Eco/Invest/Demography, Health, Non-Life, Policy

Under PM-JAY around 5.59 crore hospital admissions have been undertaken. Around 27,343 hospitals have been empanelled under Ayushman Bharat, providing both cashless and portable treatment facilities. 44 per cent of hospitalisations are of women beneficiaries, whereas...

“Without citing any evidence or basis”: Centre rebuffs Moody’s “baseless” opinions on Aadhar

by AIP Online Bureau | Sep 26, 2023 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

The UIDAI issued a strong rebuttal to Moody’s Investors Service which claimed that the Aadhaar system often results in service denials and the reliability of biometric technologies, especially for manual labourers, in hot and humid climates is questionable New...
ONDC to launch insurance products in its network this week

ONDC to launch insurance products in its network this week

by AIP Online Bureau | Sep 25, 2023 | Indian News, Intermediaries, Non-Life, Technology

Providing massive opportunties to the insurance industry, the platform will initially launch Motor, Health, Marin and will add more insurance products going ahead, according to an official Mumbai: After launching credit products, the government-backed Open Network for...
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