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Mahila Samman Savings Certificate: 14.8 lakh accounts opened just in few months

by AIP Online Bureau | Aug 2, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

MSSC account may be opened by women of any age group including the girl child with a minimum deposit of Rs 1000 and a maximum deposit of Rs 2 lakhs for a period of two years New Delhi: Around 14.8 lakh accounts under Mahila Samman Savings Certificate Scheme have been...

EU companies get new ESG rules aimed at addressing climate risks

by AIP Online Bureau | Aug 2, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

Companies will have to disclose whether they have climate transition plans and also report relevant social factors, including human rights violations, as part of the larger plan to highlight the investment risks and opportunities presented by ESG factors Companies...
Aircraft lessors set for June 2024 trial over Russia insurance claims

Aircraft lessors set for June 2024 trial over Russia insurance claims

by AIP Online Bureau | Aug 2, 2023 | International News, Non-Life

Lessors are suing dozens of insurers around the world for billions of dollars after more than 400 planes were unable to leave Russia due to Western sanctions in response to Moscow’s invasion of Ukraine that forced the termination of their leases Some of the world’s...
Urgent need to introduce data protection law to curb cybercrime menace: Par Panel

Urgent need to introduce data protection law to curb cybercrime menace: Par Panel

by AIP Online Bureau | Aug 2, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Risk Management, Technology

In its submission to the panel, the Ministry of Electronics and IT representative said that any entity that takes consent which is beyond what is necessary for the stated, specified purpose, will be considered illegal ”Just like an illegal contract is no...

Health ministry’s e-initiative clocks 14.17 cr teleconsultations since April 2021

by AIP Online Bureau | Aug 1, 2023 | Data, Eco/Invest/Demography, Health, Technology

The telemedicine application provides doctor-to-doctor and patient-to-doctor consultations, Mandaviya said responding to a question. The application, launched on April 13, 2021, works on a hub and spoke model where doctors, including specialists, provide services to...

No paucity of funds, asking states to increase expenditure on health and related infra: Mandaviya

by AIP Online Bureau | Aug 1, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

Minister of Health and Family Welfare Mansukh Mandaviya said the government is spending Rs 64,000 crore under the Ayushman Bharat Health Infrastructure Mission to strengthen the healthcare infrastructure in five years On an average, Rs 100 crore would be spent in a...

Social media marketing most effective when it motivates consumers to start posting: Study

by AIP Online Bureau | Aug 1, 2023 | Facts, Technology

The conventional belief has been that social media allows marketers to influence the purchase behavior of their followers directly. New research from the University of Notre Dame analyzes data from the motion picture industry, which often relies on social media...

India sees 7 pc drop in gold demand in Apr-Jun qtr due to record high prices: WGC

by AIP Online Bureau | Aug 1, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

“We remain cautious about gold demand as it faces uncertainties due to elevated local prices and slowdown in discretionary spending,” said Somasundaram PR, regional chief executive officer of WGC’s Indian operations Gold demand in 2023 could fall 10%...

Shriram General Insurance net profit jumps 37 % to Rs 98cr in Q1

by AIP Online Bureau | Aug 1, 2023 | Indian News, Non-Life, Technology

“Our physical approach is the main driver during the quarter. While we remain focussed on existing business streams, we believe newer areas like EV insurance and developing a stream of combo insurance plans will help the market and drive growth for us,”...
India orders drugmaker linked to Cameroon cough syrup deaths to stop manufacturing

India orders drugmaker linked to Cameroon cough syrup deaths to stop manufacturing

by AIP Online Bureau | Aug 1, 2023 | Breaking News!, Health, Regulation

The move comes as Indian regulators step up inspections at drugmakers after cough syrups made in the country were linked to the deaths of dozens of children overseas, denting India’s image as the “pharmacy of the world” New Delhi: The Indian...
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