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No reason for Canadian pension funds to back out from India: Official

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...

Indian auto insurance technology startup listed on Nasdaq

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,”...

Condom-shy India arouses interest of global contraceptive makers

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:...

5-8 million Indians suffering from Alzheimer’s

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...
Bhargava Dasgupta quits as MD & CEO of ICICI Lombard, to join ADB as vice-president,Market Solutions

Bhargava Dasgupta quits as MD & CEO of ICICI Lombard, to join ADB as vice-president,Market Solutions

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...

India slips one notch to 87th out of 165 countries on economic freedom index: Report

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...
DGCA implements new rest regulations for air traffic controllers at 57 airports

DGCA implements new rest regulations for air traffic controllers at 57 airports

by AIP Online Bureau | Sep 21, 2023 | Data, Eco/Invest/Demography, Policy

“The regulation is modelled on ICAO regulations and is based on our national, social and cultural contexts coupled with scientifically valid, optimal limits for ATCO’s. This will ensure our skies become safe and will also take care of health, physical and...

Lloyd’s and the UN team up to get insurance to climate vulnerable countries

by AIP Online Bureau | Sep 21, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

After the initial focus on the Pacific, the partnership will seek to roll out the model to Asia and parts of Africa LONDON: Lloyd’s of London is teaming up with the United Nations Capital Development Fund (UNCDF) to try and improve access to insurance for...
“No distress”, people investing in other fin products: FinMin on dip in household savings

“No distress”, people investing in other fin products: FinMin on dip in household savings

by AIP Online Bureau | Sep 21, 2023 | Eco/Invest/Demography, Policy

Overall household savings (current prices) – which include financial, physical and jewellery – has grown at a Compound Annual Growth Rate (CAGR) of 9.2 per cent between 2013-14 and 2021-22 (8 years) and the nominal GDP has grown at a CAGR of 9.65 per cent...

Google sued after man drives his car off collapsed bridge following Google Maps

by AIP Online Bureau | Sep 21, 2023 | International News, Risk Management, Technology

Philip Paxson drowned after his vehicle plunged off a bridge in Hickory, North Carolina that collapsed in 2013, reports USA Today. San Francisco: A family in the US has sued Google after a man belonging to the family died after driving his car off a collapsed bridge...
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