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PFRDA approves HDFC merger with HDFC Bank

by AIP Online Bureau | Jul 8, 2022 | Banking & Bancassurance, Indian News, Pension & Social Security, Regulation

”We wish to inform you that HDFC Limited has today i.e. on July 8, 2022, received an approval from PFRDA regarding change in its status/constitution pursuant to the Scheme in accordance with the PFRDA (Point of Presence) Regulations, 2018, subject to a condition...
Amarnath Cloudburst: Casualties rise to 10, Amit Shah takes stock of situation

Amarnath Cloudburst: Casualties rise to 10, Amit Shah takes stock of situation

by AIP Online Bureau | Jul 8, 2022 | Disaster & Management, Indian News

According to the Indo-Tibetan Border Police (ITBP) officials, the cloud burst occurred at the lower holy cave (Amarnath) at around 5.30 PM and the rescue teams rushed to the spot. Earlier, IGP Kashmir informed that as many as two people have died so far New Delhi:...

Insurance agents association urge IRDAI not to display commission on policies

by AIP Online Bureau | Jul 8, 2022 | Indian News, Intermediaries, Life, Non-Life, Policy, Regulation

The policyholders will bargain hard with agents to part with their due earnings without considering any kind of administration, technology development and other recurring and daily growing expenses including the sky-high rentals and salaries which would soon and...

Equity MFs see Rs 15,498-cr inflow in June amid volatile stock mkt

by AIP Online Bureau | Jul 8, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

The lower quantum of net inflow from the previous month could be attributed to investors adopting the cautious path given the ongoing challenges to the investment environment New Delhi: Equity mutual funds witnessed a net inflow of Rs 15,498 crore in June amid...
Passengers avoid SpiceJet after mid-air safety failures: Survey

Passengers avoid SpiceJet after mid-air safety failures: Survey

by AIP Online Bureau | Jul 8, 2022 | Indian News, Risk Management

In a rare occurence, India’s aviation regulator on Wednesday said SpiceJet failed to build “safe, efficient and reliable” services in the wake of recent issues. It’s given the airline three weeks to explain why action shouldn’t be taken against it New Delhi:...
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