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ICICI Prudential Pension Funds turns profitable; to expand in more cities, tie up with fintech firm

by AIP Online Bureau | Dec 9, 2022 | Indian News, Pension & Social Security

The Rs 8.2-lakh crore pension fund industry, excluding the Atal Pension Yojana funds, is still vastly controlled by government agencies. Over Rs 6 lakh crore of the total pension fund is managed by the EPFO and Rs 90,000 crore, up from Rs 47,000 crore in FY20, from...
Reluctance of ECGC to issue fresh insurance cover will have impact on exports and execution of projects: PHD Chamber

Reluctance of ECGC to issue fresh insurance cover will have impact on exports and execution of projects: PHD Chamber

by AIP Online Bureau | Dec 9, 2022 | Indian News, Non-Life

“ECGC is reluctant to issue the coverage to EXIM bank because of the default committed by Sri Lanka and Zambia. This is adversely affecting the overall export performance of Indian exporters,”said PHDCCI President, Saket Dalmia New Delhi: A number of...
Deadline to submit bids for IDBI Bank privatisation to be extended till early Jan

Deadline to submit bids for IDBI Bank privatisation to be extended till early Jan

by AIP Online Bureau | Dec 9, 2022 | Banking & Bancassurance, Life

The government on October 7 had invited bids for the EoI of IDBI Bank for which the last date is December 16. Both the government and Life Insurance Corporation (LIC) hold 94.71 per cent shares in the lender The deadline to submit preliminary bids for IDBI Bank...
Automobile retail sales soar to record high in Nov: FADA

Automobile retail sales soar to record high in Nov: FADA

by AIP Online Bureau | Dec 9, 2022 | Data, Non-Life

The overall automobile retail sales rose by 26 per cent to 23,80,465 units last month, as compared with 18,93,647 units in November 2021. Aided by brisk offtake, two-wheeler retails rose to 18,47,708 units last month, up 24 per cent, as against 14,94,797 units in...
Climate change & Disaster Risk: Investing in Nature-based Solutions

Climate change & Disaster Risk: Investing in Nature-based Solutions

by AIP Online Bureau | Dec 9, 2022 | Articles, Disaster & Management, Eco/Invest/Demography, Non-Life

Nature-based solutions are defined by the UN Environnment Assembly resolution 5/5 as “actions to protect, conserve, restore, sustainably use and manage natural or modified terrestrial, freshwater, coastal and marine ecosystems which address social, economic and...
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