by AIP Online Bureau | Dec 16, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Wealth Management/ Philanthropy
Under the revised framework for corpus exceeding Rs 12 lakh, the new rule is shifted to 80:20, allowing non-government subscribers to take up to 80 per cent as a lump sum while requiring only 20 per cent of the pension wealth to be used for purchasing an annuity,...
by AIP Online Bureau | Dec 16, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation, Reinsurance
Finance minister Sitharaman, while speaking in the Lok Sabha, said, “IRDAI being empowered to disgorge wrongful gains made by insurers and distribute them to affected insurance policyholders.We are asking regulators to rationalise the penalty.” The government is yet...
by AIP Online Bureau | Dec 16, 2025 | Eco/Invest/Demography, Health, Indian News
Issuing a slew of guidelines, the high court had said each clinical establishment shall prominently display, in Malayalam as well as in English, at the reception or admission desk and on its official website — a list of the services offered and the baseline and...
by AIP Online Bureau | Dec 16, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
Nirmala Sitharaman,Union Finance Minister “We want the regulator (Insurance Regulatory and Development Authority of India) also to be more robust. We have taken measures around this in the amendment ranging from better regulatory oversight, ease of compliance,...
by AIP Online Bureau | Dec 16, 2025 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation
In an exchange filing on Monday, HDFC Bank said that several of its group companies have received permission to invest in IndusInd Bank.These include HDFC Mutual Fund, HDFC Life Insurance Company, HDFC ERGO General Insurance Company, HDFC Pension Fund Management, and...
