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India’s pension system improves from 2022: Report

by AIP Online Bureau | Oct 17, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

”Changes in workforce dynamics, employment and family patterns have brought formal sources of retirement to the forefront. While there is improvement in the net pension replacement rate and participation in private pension plans, which is reflected in the value...

In 3:2 majority verdict, SC says queer couples can’t adopt children

by AIP Online Bureau | Oct 17, 2023 | Eco/Invest/Demography, Indian News, Policy

This is not to say that unmarried or non-heterosexual couples cannot be good parents, Justice Bhat said, adding that the State, as the guardian, has to explore all areas and ensure that the benefits reach such children who are in need of stable homes New Delhi: A...
SC declines to allow same-sex marriages

SC declines to allow same-sex marriages

by AIP Online Bureau | Oct 17, 2023 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security, Policy

On April 27, the court asked the Centre whether social welfare benefits such as opening joint bank accounts, nominating a life partner in provident fund, gratuity and pension schemes can be extended to same-sex couples without going into the issue of legal sanction to...

Jio Financial set to launch suite of loan products in billionaire Ambani’s finance push

by AIP Online Bureau | Oct 17, 2023 | Banking & Bancassurance, Indian News, Intermediaries, Non-Life

The company’s insurance broking arm has also partnered with 24 insurance companies, while its payments bank division, which relaunched savings account and bill payment services, plans to launch debit cards Bengaluru: India’s Jio Financial Services JFS...

Insurtech BimaKavach gets insurance broking license, plans fund raising

by AIP Online Bureau | Oct 17, 2023 | Indian News, Intermediaries, Non-Life, Technology

In 2022, BimaKavach raised $2 million in a seed round led by WaterBridge Ventures, with participation from Blume Ventures, Arali Ventures, and Eximius Ventures to be utilized for designing new-age business risk covers, investing in proprietary risk management...
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