by AIP Online Bureau | Sep 5, 2023 | Data, Eco/Invest/Demography, Policy, Technology
”If you look at today’s digital commerce in the country, it is limited to 10 per cent and just 2-3 per cent on the buyer side, so we need to broaden and expand the participation so that the current levels can go up to 25-30 per cent in the next few...
by AIP Online Bureau | Sep 5, 2023 | Data, Eco/Invest/Demography, Policy
More than 2.45 crore refunds have already been issued, it noted, adding it was committed to processing the remaining Income Tax returns in a speedy and efficient manner New Delhi: The Income Tax Department has so far processed more than 6 crore tax returns for the...
by AIP Online Bureau | Sep 5, 2023 | Eco/Invest/Demography, Indian News, Regulation, Technology, Wealth Management/ Philanthropy
”We are working on the question of misselling that may happen by a mutual fund distributor or an agent or by someone who is the responsibility of the mutual fund,” Madhabi Puri Buch said while speaking at the fourth Global Fintech Fest Sebi has proposed a...
by AIP Online Bureau | Sep 5, 2023 | Policy, Risk Management, Technology
Europe and the U.S. have concerns that Chinese involvement in critical infrastructure could compromise security. Beijing and Huawei reject such suggestions Chinese technology giant Huawei has filed a lawsuit with a Lisbon court against a resolution by Portugal’s...
by AIP Online Bureau | Sep 5, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Analysts at S&P Global and Moody’s also told media briefings on Tuesday that they expected rates to rise further in 2024, after reinsurers took the brunt of catastrophe losses in recent years S&P Global has raised its view of the global reinsurance sector to...
by AIP Online Bureau | Sep 5, 2023 | Non-Life, Technology
Reliance General Insurance has tied-up with OLA Electric for its Extended Warranty Product of Two-Wheelers . The Extended Warranty Product addresses customer concerns around battery life and performance. The battery cover offers to protect the battery life beyond the...
by AIP Online Bureau | Sep 5, 2023 | International News, Non-Life, Reinsurance
This appointment follows the continued development and expansion of TMK’s business in the Asia Pacific region, where it has operated since 2007. Other recent new hires include special risks underwriter, Cindy Gunawan, and cyber underwriter, Sam Bye Singapore: Tokio...
by AIP Online Bureau | Sep 5, 2023 | Indian News, Policy, Technology
Union Finance Minister Nirmala Sitharaman asked fintech companies to invest in cybersecurity and said that trust is very important Mumbai: India’s financial ecosystem has made a giant stride from being conventional to fintech-driven and the new solutions have...
by AIP Online Bureau | Sep 5, 2023 | Articles, Health, Non-Life
“Understanding the customer’s mindset regarding their health insurance needs is crucial. It is important to know how they evaluate their options and what gaps they want their insurers to fill. The ACKO Health Insurance Index has identified these gaps when it...
by AIP Online Bureau | Sep 5, 2023 | Data, Eco/Invest/Demography, Non-Life
The total retail sales across segments rose to 18,18,647 units last month, up 9 per cent, from 16,74,162 units in August 2022. Passenger vehicle registrations increased by 7 per cent to 3,15,153 units last month from 2,95,842 units in August 2022 New Delhi: Automobile...