by AIP Online Bureau | Nov 1, 2022 | Indian News, Pension & Social Security, Policy
Bhupender Yadav,Union Labour Minister ”We have subsumed 29 labour laws into four broad codes. These codes provide for expansion of social security schemes, including EPFO,” the minister said New Delhi; Union Labour Minister Bhupender Yadav on Tuesday said...
by AIP Online Bureau | Nov 1, 2022 | Indian News, Non-Life, Reinsurance
Significantly none of the domestic airlines, including two listed companies — IndiGo and SpiceJet — have so far made any public announcement on the grounding of the planes. “These will have a significant impact on financials in the second...
by AIP Online Bureau | Nov 1, 2022 | Eco/Invest/Demography, Intermediaries, International News, Life, Non-Life, Risk Management, Technology
In this most recent quarter, 53.5% of all disclosed APAC funding went into India-based InsurTechs, which raised an impressive $210.76 million. In terms of all deals ever completed, InsurTechs from 18 APAC countries have raised $7.77 billion through 447 deals , which...
by AIP Online Bureau | Nov 1, 2022 | Eco/Invest/Demography, Indian News, Non-Life
Days ago, the government launched the initiative to provide compensation to farmers, publicising the Rs 480 crore disbursal plan under the crop insurance scheme for 2021-22 to them, he said in a statement Chennai: The Tamil Nadu’s main opposition AIADMK on...
by AIP Online Bureau | Nov 1, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
Michael Debabrata Patra,Deputy Governor, Reserve Bank of India There is one commercial bank branch for every 9,000 citizens now from one branch for 40,000 citizens in 1972. Banks today operate around 2.25 lakh customer service points, including over 1.75 lakh ATMs. In...
