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India climbs eight places to 127 in global gender index, says WEF report

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

”While there have been encouraging signs of recovery to pre-pandemic levels, women continue to bear the brunt of the current cost of living crisis and labour market disruptions,” said WEF Managing Director Saadia Zahidi In India, while there has been...

by AIP Online Bureau | Jun 21, 2023 | Workplace/Employee Benefits

Aon, Lloyd’s and VIG in pact to commit to Ukraine insurance

by AIP Online Bureau | Jun 21, 2023 | International News, Non-Life, Reinsurance, Risk Management

The commitment follows an announcement earlier in the day by British Prime Minister Rishi Sunak on a new framework for war risk insurance FRANKFURT: Aon PLC, Lloyd’s and Vienna Insurance Group will join forces to provide coverage for Ukraine to support its...

Indian government likely to offer assured pensions to its employees

by AIP Online Bureau | Jun 21, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

Government will likely assure its employees a minimum pension of 40%-45% of their last drawn salary by altering the current market-linked pension The current National Pension Scheme requires employees to contribute 10% of their basic salary and the government 14%. The...
Ghosn to fight ‘to the end’ as sues Nissan in Lebanon

Ghosn to fight ‘to the end’ as sues Nissan in Lebanon

by AIP Online Bureau | Jun 21, 2023 | International News

Carlos Ghosn,Former Nissan chairman Carlos Ghosn, once a titan of the global car industry, was arrested in Japan in late 2018 and charged with financial misconduct. He denied the charge and said his detention was part of a plot by Nissan executives to block a merger...

US Slips in supply-chain ranks after child-labor violations

by AIP Online Bureau | Jun 21, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Regulation, Risk Management

The downgrade follows months of revelations first reported by the New York Times that companies have been employing children as young as 12 to work in dangerous conditions The composition of supply chains is set to play an increasingly important role for businesses...

TATA AIA announces its highest ever Bonus of INR 1,183 crores for policyholders

by AIP Online Bureau | Jun 21, 2023 | Workplace/Employee Benefits

Tata AIA Life Insurance (Tata AIA) has declared a bonus of Rs 1,183 crore for 7,49,229 eligible participating(Par) policyholders for the FY2022-23. The company has been paying bonuses to its eligible policyholders over the years, and the FY23 bonus was 37 per cent...
Analysis- Record plane orders raise the stakes in India’s aviation boom

Analysis- Record plane orders raise the stakes in India’s aviation boom

by AIP Online Bureau | Jun 21, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

With a total of almost 1,000 jet orders between them, IndiGo and Air India are betting an economic boom and growing middle class will spur demand for domestic air travel, and new jets will help them grab a bigger share of international traffic The number of domestic...
Flood situation worsens in Assam, over 34,000 hit

Flood situation worsens in Assam, over 34,000 hit

by AIP Online Bureau | Jun 21, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life

At present, 523 villages are under water and 5,842.78 hectare of crop area has been damaged across Assam, ASDMA said Guwahati: The flood condition in Assam deteriorated marginally on Tuesday, with nearly 34,000 people reeling under the impact of the deluge across nine...

Exercise may cause strokes in persons who have blocked arteries: Study

by AIP Online Bureau | Jun 21, 2023 | Facts, Health, Workplace/Employee Benefits

Researchers from the Indian Institute of Technology Kharagpur found that an elevated heart rate can induce a stroke in patients with highly blocked carotid arteries Contrastingly, for healthy patients and those with only slightly blocked arteries, exercise is...
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