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Finance ministry and PFRDA discuss ways to improve pension amount for govt employees in NPS framework

Finance ministry and PFRDA discuss ways to improve pension amount for govt employees in NPS framework

by AIP Online Bureau | Jan 6, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation

Supratim Bandyopadhyay, Chairman,PFRDA On launching of the Minimum Assured Return Scheme (MARS) under the National Pension System (NPS), PFRDA Chairman Supratim Bandyopadhyay said the board is considering it and hopefully in the next 7-10 days, approvals can take...
Black Sea shipping rates rise as reinsurers cut cover

Black Sea shipping rates rise as reinsurers cut cover

by AIP Online Bureau | Jan 6, 2023 | Eco/Invest/Demography, Non-Life, Reinsurance

Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the start of the year, reflecting higher war risk insurance rates, industry sources said The Black Sea is crucial for the shipment of grain, oil and oil products....
US firm ASKA unveils world’s first 4-seater flying electric car

US firm ASKA unveils world’s first 4-seater flying electric car

by AIP Online Bureau | Jan 6, 2023 | Facts, Technology

The vehicle also fits into existing parking spaces and can be charged at home and at EV charging stations, according to the company The company said that the vehicle is also built to meet the highest safety standards US-based firm ASKA has unveiled the first...
Indeerjit Singh appointed as new Secy General of GI Council

Indeerjit Singh appointed as new Secy General of GI Council

by AIP Online Bureau | Jan 5, 2023 | Indian News, Non-Life

Singh, who is supposed to retire in June end, will now opt for VRS to take charge of his new assignment at the GI Council at the earliest. The council will also have a new chairman shortly as Anjan Dey, CMD, Oriental Insurance Company(OIC), who is also heading the...
Sebi allows govt stake in IDBI Bank to be reclassified as public post sale

Sebi allows govt stake in IDBI Bank to be reclassified as public post sale

by AIP Online Bureau | Jan 5, 2023 | Banking & Bancassurance, Indian News, Life, Policy, Regulation

The government had requested Sebi to treat its residual stake in IDBI Bank as a financial investment since it would not exercise any control over the bank or have any special rights The government would also not have any representation on the bank’s board The...
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