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Inflow in equity mutual funds hit 6-month low of Rs 3,240 cr in May on profit booking

by AIP Online Bureau | Jun 9, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

”Profit booking in rising market along with probable expenses towards vacation, education could have led to lower investments in mutual funds in May,” Manish Mehta, National Head and Sales, Marketing and Digital Business at Kotak Mahindra Asset Management...
IRDA gives license to Go Digit Life, 4th new insurer in a year

IRDA gives license to Go Digit Life, 4th new insurer in a year

by AIP Online Bureau | Jun 9, 2023 | Indian News, Life, Regulation

Prem Watsa, founder, chairman, and chief executive of Fairfax Financial Holdings IRDAI in its 122nd board meeting held on 2nd June, has granted Certificate of Registration to Go Digit Life Insurance Limited to carry life insurance business in India, said the IRDAI on...

RBI not planning to regulate social media influencers

by AIP Online Bureau | Jun 9, 2023 | Eco/Invest/Demography, Indian News, Regulation, Risk Management

Social media influencers peddle personal views or those paying them on financial markets or stocks. Since January 2022, SEBI has been saying it would come out with regulations to tame the so-called financial influencers, it has not yet issued anything but has been...

Global Alzheimer’s disease market to reach $13.7bn by 2030: Report

by AIP Online Bureau | Jun 9, 2023 | Data, Health, Non-Life

The growth will be particularly seen across the eight major markets such as the US, France, Germany, Italy, Spain, the UK, Japan, and China New Delhi: The Alzheimer’s disease market is projected to experience robust growth at a compound annual growth rate of 20...

Odisha train tragedy: Only small number of passengers opted for insurance cover

by AIP Online Bureau | Jun 9, 2023 | Workplace/Employee Benefits

Chennai/ Mumbai: With only a small number of passengers of two ill-fated trains involved in the June 2 Odisha tragedy seems to have opted for the Rs 10 lakhs insurance cover by paying just Re.035 paise and now it is time for the Centre to bundle the cover with all the...

by AIP Online Bureau | Jun 9, 2023 | Workplace/Employee Benefits

El Nino is back in action, threaten food productions across Asia

El Nino is back in action, threaten food productions across Asia

by AIP Online Bureau | Jun 9, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Experts say that a strong El Nino could hit sugar production in India and Thailand, and possibly disrupt the sugarcane harvest in Brazil. They also see risks for coffee production in Vietnam, the world’s second-largest producer LONDON: El Nino has officially...

Delhi hospital uses extreme cold therapy to treat cancer patient unfit for surgery

by AIP Online Bureau | Jun 9, 2023 | Facts, Health, Technology

”It is safe and the risks involved are generally lower than in surgery. An additional advantage of cryoablation is that it can be repeated if required,” according to a statement from Sir Ganga Ram Hospital. According to doctors, cryoablation can also be...

Fatigue of long Covid as bad as that in cancer patients, says study

by AIP Online Bureau | Jun 9, 2023 | Facts, Health, Workplace/Employee Benefits

”Our research has revealed that long Covid can leave people with worse fatigue and quality of life than some cancers, yet the support and understanding is not at the same level,” said co-author William Henley, professor at the University of Exeter Medical...

Climate Change: Coal India’s biggest expansion plans opposed in Chhattishgarh

by AIP Online Bureau | Jun 9, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

Protests against plans for the Gevra site in the eastern province of Chhattisgarh threaten to complicate the company’s ability to win approvals to expand annual capacity to 70 million tons. Output at that volume would see the site become the single biggest global...
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