by AIP Online Bureau | Aug 3, 2026 | Indian News, Life, Policy, Wealth Management/ Philanthropy
“Offer for Sale in LIC opens tomorrow for Non-Retail investors. Retail investors can bid on Wednesday. Government offers to disinvest 2.5% equity with an additional 4% as a green shoe option. Floor price has been fixed as Rs 382 per share. This will help achieve...
by AIP Online Bureau | Aug 3, 2026 | Health, Indian News, Non-Life
Between 2019 and 2024, unnecessary hospital admissions have surged dramatically. Data shows Rs 94,247.6 crore in total health claims settled in 2024–25, with cashless-only admissions accounting for 66.4 per cent of the volume.The insurance industry receives hundreds...
by AIP Online Bureau | Aug 2, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
He said all subsidiaries also are well capitalised whether the PNB MetLife India Insurance, PNB Housing Finance or PNB Gilts. NEW DELHI: With its capital adequacy ratio exceeding 18 per cent, Punjab National Bank has no immediate plans to monetise its subsidiaries,...
by AIP Online Bureau | Aug 2, 2026 | Eco/Invest/Demography, Indian News
Mrutyunjay Mohapatra, director-genera,India Meteorological Department, Moderate El Nino conditions are prevailing and are expected to strengthen gradually, with the weather pattern likely to become strong by September MUMBAI: India is likely to receive below-average...
by AIP Online Bureau | Aug 2, 2026 | Eco/Invest/Demography, Health, Indian News, Regulation
The Ministry said laboratory testing of rum and whisky samples from multiple manufacturers found the presence of external artificial or nature-identical flavours. It quoted laboratory findings as saying that “the addition of artificial flavours is masking its...
