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by AIP Online Bureau | Jun 8, 2023 | Workplace/Employee Benefits

Meghalaya extends 100% subsidy in premium for crop insurance to state’s farmers

by AIP Online Bureau | Jun 8, 2023 | Indian News, Non-Life

The estimated amount of premium support by the Government of Meghalaya of Rs. 4.4 crores is based on the enrolment target of 27,000 number of farmers for Kharif season 2023 and 10,000 number of farmers for the Rabi season 2023-24.With over 80% of the population of the...
RBI holds rates but signals tight monetary policy ahead

RBI holds rates but signals tight monetary policy ahead

by AIP Online Bureau | Jun 8, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation

Shaktikanta Das, Governor, RBI The RBI maintained its policy stance of “withdrawal of accommodation” to ensure inflation progressively aligns with the committee’s target while remaining supportive of growth, Governor Shaktikanta Das said while...

AI outperforms standard risk model for predicting breast cancer: Study

by AIP Online Bureau | Jun 8, 2023 | Facts, Health, Technology

”Recent advances in AI deep learning provide us with the ability to extract hundreds to thousands of additional mammographic features,” A. Arasu, from Kaiser Permanente Northern California, US said in a statement Artificial intelligence (AI) algorithms...

Raising awareness about brain tumour symptoms imperative for better treatment, say docs

by AIP Online Bureau | Jun 8, 2023 | Facts, Health, Policy, Technology, Workplace/Employee Benefits

Dr Manish Vaish, senior director of neurosurgery at Max Super Speciality Hospital in Vaishali said brain tumours constitute approximately two per cent of all malignancies globally and present a formidable health challenge. ”In India alone, an estimated 40,000...

EU Commission allocates $1.3 bln to tackle mental health ‘silent epidemic’

by AIP Online Bureau | Jun 8, 2023 | Health, International News, Workplace/Employee Benefits

The Commission said mental health problems already impacted around 84 million people before the COVID-19 pandemic with an economic cost of about 600 billion euro a year, or 4% of the bloc’s GDP Brussles: The European Commission said on Wednesday it would...

Andhra Pradesh Cabinet approves Guaranteed Pension Scheme, regularisation of 10,000 contract staff

by AIP Online Bureau | Jun 8, 2023 | Indian News, Pension & Social Security, Policy, Workplace/Employee Benefits

Under the GPS scheme, eligible employees will receive 50 per cent of their last drawn salary as pension, including receiving dearness relief (DR) on the lines of the Central Government declaring dearness allowance and DR twice a year Amaravati: Approving Guaranteed...
RBI expands scope of TReDS, includes insurers as participants

RBI expands scope of TReDS, includes insurers as participants

by AIP Online Bureau | Jun 8, 2023 | Indian News, Non-Life, Regulation

”Apart from MSME sellers, buyers and financiers, insurance companies are permitted to participate as ”fourth participant” in TReDS,” it said in a circular Financiers place their bids on the TReDS platforms keeping in view the credit rating of...

TPG backed Insurtech PolicyBoss closes Series B funding

by AIP Online Bureau | Jun 7, 2023 | Briefs

InsurTech PolicyBoss, announced that it has closed its series B round of investment with a consortium of investors’ including India SME Investments and Madhav Mirani, (Ex-Co-founder–Ugam Solutions) and prominent Angel Investor – Jitendra Gupta, amidst continued...

New York tops the world’s 20 most expensive cities for expats in 2023

by AIP Online Bureau | Jun 7, 2023 | Eco/Invest/Demography, Facts

Soaring inflation and rising accommodation costs were cited as reasons for New York topping ECA International’s Cost of Living Rankings for 2023, while Geneva and London remained in third and fourth places New York has leapfrogged Hong Kong as the world’s most...
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