by AIP Online Bureau | Apr 23, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Indian News, Non-Life, Policy
An environment expert, requesting anonymity, said satellite data analysis and geophysical subsurface investigation suggested that the crisis in Joshimath was caused by underground hydrological imbalance Demands of the Joshimath Bachao Sangharsh Samiti include...
by AIP Online Bureau | Apr 23, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy
The use of blended finance promotes investments in new and emerging sectors and it attracts commercial capital towards projects that contribute to sustainable development, while providing financial returns to investors, the sources said, adding, it holds the potential...
by AIP Online Bureau | Apr 23, 2023 | Banking & Bancassurance, Indian News, Risk Management, Technology
As per the case details, hackers stole information of the Cosmos Bank’s VISA and RuPay card customers through a malware, attacked the SWIFT system (a vast messaging network banks used by financial institutions) and siphoned off more than Rs 94 crore on August 11...
by AIP Online Bureau | Apr 23, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Policy
India is the world’s fifth-largest global destination in the retail space. The commerce and industry ministry along with the department of financial services is also working on framing an insurance scheme for all the GST-registered retail traders New Delhi: The...
by AIP Online Bureau | Apr 22, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
Since early December, companies in G-7 countries have only been allowed to provide services for Russian oil if the cargoes cost $60 a barrel or less An oil tanker company heavily involved in moving Russian oil lost industry standard insurance for its fleet after...
by AIP Online Bureau | Apr 22, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology
The widespread adoption of new AI chatbots and writing tools could leave companies vulnerable to data leaks and lawsuits, said the report. The fear is that the chatbots could be exploited by hackers to access sensitive corporate information or perform actions against...
by AIP Online Bureau | Apr 22, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life
Russia has strongly signaled that it will not allow the Ukraine Black Sea export deal – agreed in July last year – to continue beyond May 18 because a list of demands to facilitate its own grain and fertilizer exports has not been met. A deal allowing the...
by AIP Online Bureau | Apr 22, 2023 | Indian News, Life
N S Kannan, MD & CEO, ICICI Prudential Life Insurance said, “In April 2019, we had articulated our aspiration to double the FY2019 Value of New Business (VNB) in four years. We have successfully delivered this with a VNB of Rs 27.65 billion and industry leading...
by AIP Online Bureau | Apr 22, 2023 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation
HDFC Bank or HDFC can increase shareholding in HDFC Life Insurance Company and HDFC ERGO General Insurance Company to over 50 per cent prior to the effective date of the merger Mumbai: In a mixed bag for HDFC Bank ahead of the parent HDFC’s merger with itself,...
by AIP Online Bureau | Apr 22, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
”Heatwaves in the 2022 pre-monsoon season in India and Pakistan caused a decline in crop yields. This, combined with the banning of wheat exports and restrictions on rice exports in India after the start of the conflict in Ukraine, has threatened the...
