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Andhra Pradesh Cabinet approves Guaranteed Pension Scheme, regularisation of 10,000 contract staff

by AIP Online Bureau | Jun 8, 2023 | Indian News, Pension & Social Security, Policy, Workplace/Employee Benefits

Under the GPS scheme, eligible employees will receive 50 per cent of their last drawn salary as pension, including receiving dearness relief (DR) on the lines of the Central Government declaring dearness allowance and DR twice a year Amaravati: Approving Guaranteed...
RBI expands scope of TReDS, includes insurers as participants

RBI expands scope of TReDS, includes insurers as participants

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

”Apart from MSME sellers, buyers and financiers, insurance companies are permitted to participate as ”fourth participant” in TReDS,” it said in a circular Financiers place their bids on the TReDS platforms keeping in view the credit rating of...

TPG backed Insurtech PolicyBoss closes Series B funding

by AIP Online Bureau | Jun 7, 2023 | Briefs

InsurTech PolicyBoss, announced that it has closed its series B round of investment with a consortium of investors’ including India SME Investments and Madhav Mirani, (Ex-Co-founder–Ugam Solutions) and prominent Angel Investor – Jitendra Gupta, amidst continued...

New York tops the world’s 20 most expensive cities for expats in 2023

by AIP Online Bureau | Jun 7, 2023 | Eco/Invest/Demography, Facts

Soaring inflation and rising accommodation costs were cited as reasons for New York topping ECA International’s Cost of Living Rankings for 2023, while Geneva and London remained in third and fourth places New York has leapfrogged Hong Kong as the world’s most...

by AIP Online Bureau | Jun 7, 2023 | Workplace/Employee Benefits

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