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Indian General Insurance Industry slips into a record loss of Rs 2,842 crore in FY2022

Indian General Insurance Industry slips into a record loss of Rs 2,842 crore in FY2022

by AIP Online Bureau | Oct 2, 2022 | Health, Indian News, Non-Life, Pandemic

The general insurance industry, saddled with the huge overall losses of three PSU general insurers, Oriental Insurance, National Insurance Company and United India Insurance, has slipped into net losses of Rs 2,842 crore in FY 2021-22 as against a net profitability...

FinMin to launch special campaign for financial inclusion from Oct 15

by AIP Online Bureau | Oct 2, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

”To further deepen Financial Inclusion (FI) framework, @DFS_India will organise a special campaign from 15th October 2022 to 26th November 2022, which will initially be rolled out at the Gram Panchayat (GP) level in following seven districts across India–...
Indian economy seen as sweet spot world over; inflation at manageable level: FM

Indian economy seen as sweet spot world over; inflation at manageable level: FM

by AIP Online Bureau | Oct 2, 2022 | Eco/Invest/Demography, Indian News, Policy

Finance Minister Nirmala Sitharaman ”The government is actively engaging with sovereign funds, big funds who can come to India and invest in India Finance Minister Nirmala Sitharaman on Saturday said inflation is at a manageable level and the Indian economy is...

FPIs turn net sellers again; withdraw Rs 7,600 cr from equities in Sep

by AIP Online Bureau | Oct 2, 2022 | Data, Eco/Invest/Demography

”Concerns over the aggressive rate hike by US Fed to control rising inflation, sharp depreciation in rupee, surge in US bond yields and fear of a global recession, fuelled pessimism among investors After infusing funds in the last two months, foreign investors...

1,600 doctors on duty lost their life in pandemic

by AIP Online Bureau | Oct 2, 2022 | Facts, Health, Workplace/Employee Benefits

”As per available data around 1,600 doctors lost their life in the line of their duty over the two years when the pandemic ravaged India. Despite this nobility in their profession, they have to commonly face the wrath of the public,” said Dr Anil Gurnani,...
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