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Equity investors become poorer by Rs 2.95 lakh cr as markets fall

Equity investors become poorer by Rs 2.95 lakh cr as markets fall

by AIP Online Bureau | Sep 28, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

”If the US dollar and bond yields maintain their ascend, the downward trend may continue for some more time,” Shrikant Chouhan, Head of Research (Retail), Kotak Securities Ltd, said New Delhi: Investors’ wealth eroded by Rs 2.95 lakh crore on...
Of 90 medicines for cancer, India gives out 42 at cheapest rates: Health Minister Mandaviya

Of 90 medicines for cancer, India gives out 42 at cheapest rates: Health Minister Mandaviya

by AIP Online Bureau | Sep 28, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

‘We are increasing (the number of) cancer hospitals and tertiary care facilities. Our approach towards the health sector is holistic. We have increased (the number of) MBBS and post-graduate medical seats and colleges, and created medical educational resources....
Prashant Tripathy reappointed as Max Life’s MD & CEO for another 5-yrs

Prashant Tripathy reappointed as Max Life’s MD & CEO for another 5-yrs

by AIP Online Bureau | Sep 28, 2023 | Indian News, Life

Prashant Tripathy, MD and CEO, Max Life Tripathy’s deputy V. Viswanand, deputy managing director at Max Life has decided to move on and has already put in his papers New Delhi: Max Life Insurance has announced the reappointment of Prashant Tripathy as the MD and...
Tax Troubles: General insurers get Rs18,000 crore of demand notices from GST authorities on reinsurance & coinsurance deals

Tax Troubles: General insurers get Rs18,000 crore of demand notices from GST authorities on reinsurance & coinsurance deals

by AIP Online Bureau | Sep 28, 2023 | Indian News, Non-Life, Policy, Regulation, Reinsurance

“The alleged demand and the impugned Show Cause Cum Demand Notice pertains to non-payment of GST on the Co-insurance premium accepted as follower in case of coinsurance transactions and non-payment of GST on re-insurance commission accepted on the reinsurance...

In major blow to TikTok, Indonesia bans e-commerce transactions on social media

by AIP Online Bureau | Sep 28, 2023 | Eco/Invest/Demography, International News, Policy, Regulation

Trade Minister Zulkifli Hasan told reporters the regulation, which takes effect immediately, is intended to ensure “fair and just” business competition, adding it was intended also to ensure data protection of users Jakarta: Indonesia has banned e-commerce...
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