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India faces high power cut risks after years of coal, hydropower neglect

by AIP Online Bureau | Mar 9, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

While Indians looking to beat the heat this summer will want steady power for their air-conditioners, night time outage risks threaten industries that operate around the clock, including auto, electronics, steel bar and fertiliser manufacturing plants “If there...

Major fire at Puri shopping complex, over 100 people rescued

by AIP Online Bureau | Mar 9, 2023 | Indian News

Puri MLA Jayant Sarangi of the BJP claimed that the district administration has failed to ensure the installation of fire safety systems at the hotels and other establishments in the seaside town Puri: A major fire broke out at a shopping complex in Odisha’s...
Over 10 million older adults in India likely have dementia: AI study

Over 10 million older adults in India likely have dementia: AI study

by AIP Online Bureau | Mar 9, 2023 | Facts, Health, Non-Life

”Our research was based on the first and only nationally representative aging study in India with more than 30,000 participating older adults in the country,” said Haomiao Jin, co-author of the study and Lecturer in Health Data Sciences at the University...

Sebi extends timeline until March 15 for comments on ESG rating norms

by AIP Online Bureau | Mar 8, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Regulation, Risk Management

This came in the wake of growing recognition of the significant economic and financial impact of climate change and environmental, social and governance (ESG) risks In addition, the regulator suggested ESG parameters that could be relevant to Indian context that may...

SBI Life declares interim dividend for its investors

by AIP Online Bureau | Mar 8, 2023 | Briefs, Eco/Invest/Demography, Life

SBI Life Insurance on Wednesday declared an interim dividend of Rs 2.5 per share for its investors for the financial year 2022-23. The declared interim dividend will be paid on or before April 6, 2023, to eligible shareholders. The record date is March 16, 2023. The...
Money laundering rules to apply to crypto trade – gov’t notification

Money laundering rules to apply to crypto trade – gov’t notification

by AIP Online Bureau | Mar 8, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

Extending India’s money laundering rules to cryptocurrencies will give authorities greater authority in monitoring the transfer of these assets beyond the country’s borders MUMBAI: India’s money laundering laws will apply to trade in...
6 Lakh HDFC Bank customers’ personal data breached, bank denies

6 Lakh HDFC Bank customers’ personal data breached, bank denies

by AIP Online Bureau | Mar 8, 2023 | Banking & Bancassurance, Indian News, Risk Management, Technology

Data allegedly includes full names, email addresses, physical addresses, and sensitive financial data, the report mentioned. The criminals provided data samples while demanding money for the full database. HDFC Bank Cares Twitter handle on Tuesday posted that...

Covid Lab-Leak fight masks global rise of high-security biolabs

by AIP Online Bureau | Mar 8, 2023 | Health, International News

For decades, scientists from the US, China, Russia, Canada and Europe have swapped ideas for standardizing safety and security amid biolab building booms. At least 15 organizations have helped develop guidelines for the proper handling of viruses and bacteria, but the...
IRDAI promotes Meena Kumari as ED, reshuffles portfolios of a few key CGMs

IRDAI promotes Meena Kumari as ED, reshuffles portfolios of a few key CGMs

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

Anita J,who has been promoted as CGM, has replaced  SN Jayasimhan and will be in charge of Department of Intermediaries. Jayasimhan has been shifted to Department of Policy Research. Ramana Rao A, CGM,  has succeeded DVS Ramesh, CGM, in Non-life department...
Jobs and pay for women, barely improved in 20 years: ILO

Jobs and pay for women, barely improved in 20 years: ILO

by AIP Online Bureau | Mar 8, 2023 | Eco/Invest/Demography, International News, Policy

The jobs gap is particularly severe in developing countries where the proportion of women unable to find a job reaches 24.9 per cent in low-income countries. The corresponding rate for men in the same category is 16.6 per cent, a worryingly high level but...
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