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Indian insurance industry receives Rs 54,000 crore FDI since December 2014: DFS Secy Joshi

Indian insurance industry receives Rs 54,000 crore FDI since December 2014: DFS Secy Joshi

by AIP Online Bureau | Mar 18, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life

Financial Services Secretary Vivek Joshi said that the Assets Under Management (AUM) nearly tripled to Rs 60.04 lakh crore as on March 31, 2023 as compared to Rs 21.07 lakh crore in 2013-14, while total insurance premium recorded more than two-fold jump to Rs 10.4...
Star Health Insurance sets up operations in GIFT City

Star Health Insurance sets up operations in GIFT City

by AIP Online Bureau | Mar 18, 2024 | Health, Indian News, Non-Life, Reinsurance

Anand Roy, MD & CEO of Star Health Insurance said, “This is a pivotal step in our expansion strategy, extending our reach beyond Indian borders and providing seamless access to our health insurance offerings for Non-Resident Indians (NRIs) and the global Indian...
“Government in process of creating dedicated deeptech startup policy,” says DPIIT Secretary RK Singh

“Government in process of creating dedicated deeptech startup policy,” says DPIIT Secretary RK Singh

by AIP Online Bureau | Mar 18, 2024 | Eco/Invest/Demography, Indian News, Policy, Technology

Rajesh Kumar Singh, the Secretary of the Department for Promotion of Industry Emphasizing the importance of government support for startups, Singh highlighted that beyond funding, startups require orders from the government to kickstart their journey effectively. He...

Water crisis in India’s silicon valley presents pressing challenge, say industry players

by AIP Online Bureau | Mar 17, 2024 | Eco/Invest/Demography, Indian News, Policy, Workplace/Employee Benefits

“Companies have started giving work from home, as employees refuse to come to office citing water shortage. This is of course impacting operations because there is a whole new setup that needs to be done to cater to the sudden shift,” co-founder and CEO of...

FPIs injects over Rs 40,000 cr in Indian equities on strong economic growth

by AIP Online Bureau | Mar 17, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

The inflows came following a modest investment of Rs 1,539 crore in February and an outflow of Rs 25,743 crore in January, data with the depositories snowed New Delhi: FPIs came back strongly to invest in the Indian equity markets, buying shares worth Rs 40,710 crore...
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