by AIP Online Bureau | Dec 10, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life
The Ministry of Health has launched National Programme on Climate Change and Human Health (NPCCHH) at National Centre for Disease Control (NCDC), with the objective to create awareness, capacity building, health sector preparedness and response and partnerships...
by AIP Online Bureau | Dec 9, 2022 | Indian News, Life, Non-Life
The bid price of Rs 5,300 crore quoted by the Cosmea-Piramal consortium will be the base price for the planned auction, and in the round one, the bidders will have to bid Rs 1,000 crore more than this base value of Rs 5,300 crore. Mumbai: The Reliance Capital’s...
by AIP Online Bureau | Dec 9, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The Assets Under Management (AUM) of the 43-player industry rose to a record high of Rs 40.37 lakh crore at the end of November from Rs 39.5 lakh crore at the end of October. Mutual fund folios, which have been touching all-time highs since the last three months,...
by AIP Online Bureau | Dec 9, 2022 | Indian News, Non-Life, Regulation
It proposed to allow general insurers to issue long term Own Damage policy for a period that is co-terminus with the Third Party Liability cover when a standalone Own Damage policy is renewed Chennai: The Indian insurance regulator has sought the stakeholders’...
by AIP Online Bureau | Dec 9, 2022 | Eco/Invest/Demography, Health, International News, Non-Life
The high levels of resistance to treatment are reported in bacteria frequently causing bloodstream infections in hospitals the Global Antimicrobial Resistance and Use Surveillance System (GLASS) report states, based on 2020 data from 87 countries UN: Over 50 per cent...
by AIP Online Bureau | Dec 9, 2022 | Eco/Invest/Demography, International News, Reinsurance
The reform plans aim to make substantial legislative progress over the course of 2023 on repealing and replacing EU-era Solvency II –- the rules governing insurers’ balance sheets which are expected to unlock over GBP 100 billion of private investment for...
by AIP Online Bureau | Dec 9, 2022 | Indian News, Pension & Social Security
The Rs 8.2-lakh crore pension fund industry, excluding the Atal Pension Yojana funds, is still vastly controlled by government agencies. Over Rs 6 lakh crore of the total pension fund is managed by the EPFO and Rs 90,000 crore, up from Rs 47,000 crore in FY20, from...
by AIP Online Bureau | Dec 9, 2022 | Indian News, Non-Life
“ECGC is reluctant to issue the coverage to EXIM bank because of the default committed by Sri Lanka and Zambia. This is adversely affecting the overall export performance of Indian exporters,”said PHDCCI President, Saket Dalmia New Delhi: A number of...
by AIP Online Bureau | Dec 9, 2022 | Banking & Bancassurance, Life
The government on October 7 had invited bids for the EoI of IDBI Bank for which the last date is December 16. Both the government and Life Insurance Corporation (LIC) hold 94.71 per cent shares in the lender The deadline to submit preliminary bids for IDBI Bank...
by AIP Online Bureau | Dec 9, 2022 | Data, Non-Life
The overall automobile retail sales rose by 26 per cent to 23,80,465 units last month, as compared with 18,93,647 units in November 2021. Aided by brisk offtake, two-wheeler retails rose to 18,47,708 units last month, up 24 per cent, as against 14,94,797 units in...
