by AIP Online Bureau | Apr 11, 2023 | Indian News, Life, Non-Life, Regulation
According to sources, the bidders who have confirmed their participation in the second round of auction are IndusInd International Holdings Ltd (IIHL) of Hinduja Group, Torrent Investment and Singapore-based Oaktree Mumbai: Lenders of debt-ridden Reliance Capital...
by AIP Online Bureau | Apr 10, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
While Russian food and fertilizer exports are not under sweeping Western sanctions, Moscow says restrictions on payments, logistics and insurance industries are a barrier ANKARA: Russia on Friday threatened to bypass the UN-brokered grain deal unless obstacles to its...
by AIP Online Bureau | Apr 10, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The Indian retail investors have warmed up to equity mutual funds and in fact, these have become their preferred investment option in volatile times. SIPs (Systematic Investment Plans) continue to be a popular investment method among retail investors Mumbai: Mutual...
by AIP Online Bureau | Apr 10, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Indian News
In the worst single tragedy, seven persons were killed in Akola’s Parasgaon village late on Sunday where a lightning bolt felled a 150-year-old neem tree on a tin shed at the Babuji Maharaj Sansthan ashram Many districts have suffered massive agriculture damage...
by AIP Online Bureau | Apr 9, 2023 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy
The return on post office term deposits of two years under the small savings schemes is 6.9 per cent, the same as offered by most banks on deposits of similar maturity New Delhi: Post office term deposits, which were fetching lesser returns than bank FDs in the recent...
by AIP Online Bureau | Apr 9, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Sources told Reuters that Allianz and Munich Re were among the European insurers that had previously renewed coverage for the damaged Russian-controlled Nord Stream 1 gas pipeline Munich Re will not proactively extend coverage for the Nord Stream 1 pipeline when it...
by AIP Online Bureau | Apr 9, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Zurich’s departure will raise further questions about the workability of voluntary industry associations targeting emissions reductions. While GFANZ, as the biggest finance sector initiative with sub-groups covering insurance to banking, has raised the awareness among...
by AIP Online Bureau | Apr 9, 2023 | Data, Eco/Invest/Demography
The massive selling by FPIs from the Indian market has been absorbed by domestic institutional investors (DIIs), including mutual funds and insurance companies. This is a reflection of the rising clout and maturity of domestic investors Explaining the sectoral...
by AIP Online Bureau | Apr 9, 2023 | Facts, Health, Technology
Lead author Dr Michele Orini (UCL Institute of Cardiovascular Science) said: “Our study suggests that ECGs from consumer-grade wearable devices may help with detecting and preventing future heart disease Heart failure is a situation where the heart pump is...
by AIP Online Bureau | Apr 8, 2023 | Indian News, Intermediaries, Non-Life, Reinsurance
“The SAT has, ex-facie, gone wrong in observing that Atkins had relied on documentary evidence in support of the complaint. We have referred to the nature of the documents but we accept the argument of the IRDAI that these cannot constitute materials to trigger...