by AIP Online Bureau | Jun 15, 2023 | Indian News
Tarun Agarwal, director, Kirloskar Institute of Advanced Management Studies He is likely to join the institute on July 17 Tarun Agarwal has more than 25 years experience in different fields. The post of director at NIA, Pune had fallen vacant after G Srinivasan, had...
by AIP Online Bureau | Jun 15, 2023 | Data, Disaster & Management, Eco/Invest/Demography, Non-Life
India, with a total coastal area of 7,516 km, is exposed to around 8 per cent of the world’s tropical cyclones. Nearly 32 crore people in 9 coastal states — Tamil Nadu, Andhra Pradesh, Odisha and West Bengal on the east coast and Kerala, Karnataka,...
by AIP Online Bureau | Jun 15, 2023 | Indian News, Life
UTI Mutual fund is promoted by the State Bank of India (SBI), Life Insurance Corporation of India (LIC), Punjab National Bank (PNB) and Bank of Baroda (BoB), having a combined holding of 45.21 per cent in the paid-up capital New Delhi: Sponsors of UTI Mutual Fund,...
by AIP Online Bureau | Jun 15, 2023 | Eco/Invest/Demography, Indian News, Policy, Risk Management
“As jewellers, real estate agents, chartered accountants, and company service providers have been made reporting entities under PMLA, lawyers will be brought under the money laundering law next,” one of the sources said NEW DELHI: The government is...
by AIP Online Bureau | Jun 15, 2023 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology
The measure, first proposed in 2021, will govern any product or service that uses an artificial intelligence system. The act will classify AI systems according to four levels of risk, from minimal to unacceptable. Riskier applications, such as for hiring or tech...
by AIP Online Bureau | Jun 15, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Debasish Panda, Chairman, IRDAI Four new firms have entered the nation’s insurance sector in the last year, and a few more are in various stages of enrollment, indicating the business environment is favorable, according to Debasish Panda, Chairman, IRDAI. Assets under...
by AIP Online Bureau | Jun 15, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Workplace/Employee Benefits
Ransomware attacks soared last year, pushing demand for coverage after the pandemic-induced work-from-home era also made remote workers more vulnerable to digital attacks. Those attacks also spurred companies and individuals to adopt more robust cybersecurity measures...
by AIP Online Bureau | Jun 15, 2023 | Data, Eco/Invest/Demography, Health, Policy
Medical tourism is a recognised export from two BIMSTEC members — India and Thailand Kolkata: India generated an income of USD 7,400 million through medical tourism over the last decade, and the figure is expected to rise to USD 43,500 million in the next 10...
by AIP Online Bureau | Jun 15, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy
Niramala Sitharaman,Union Finance Minister ”MDs from the banks & insurance companies provided a detailed update on the precautionary measures for the #CycloneBiparjoy. During the meeting, Smt @nsitharaman stated that all Disaster Management protocols should...
by AIP Online Bureau | Jun 14, 2023 | Eco/Invest/Demography, International News
Fed Chair Jerome Powell The Fed has raised its benchmark rate by a substantial 5 percentage points since March of last year — the fastest pace of increases in 40 years. WASHINGTON: The Federal Reserve kept its key interest rate unchanged Wednesday after having raised...
