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Sitharaman to launch nationwide awareness campaign of unclaimed financial assets on Oct 4

Sitharaman to launch nationwide awareness campaign of unclaimed financial assets on Oct 4

by AIP Online Bureau | Oct 1, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Regulation

Nirmala Sitharaman ,Union Minister for Finance and Corporate Affairs, Unclaimed financial assets, including insurance policy claims, bank deposits, dividends, shares, and mutual fund proceeds, often remain unclaimed due to lack of awareness or outdated account details...
Wage revision of PSU Gen Insurance Cos: Govt approves 30% family pension scheme,14% employer’s NPS contribution along with 14% wage hike

Wage revision of PSU Gen Insurance Cos: Govt approves 30% family pension scheme,14% employer’s NPS contribution along with 14% wage hike

by AIP Online Bureau | Oct 1, 2025 | Indian News, Non-Life, Policy

Girija Subramanian, CMD, New India Assurance and chairperson of GIPSA GIPSA chairperson Girija Subramanian, in a meeting with unions, has confirmed that the Department of Financial Services (DFS) has moved ahead with the notification with 14 per cent wage hike GIPSA...
Only 23% of India’s elderly in post-retirement work despite 73% showing interest: Survey

Only 23% of India’s elderly in post-retirement work despite 73% showing interest: Survey

by AIP Online Bureau | Oct 1, 2025 | Data, Eco/Invest/Demography, Workplace/Employee Benefits

“India’s elderly aspire not only for financial stability but also dignity, respect and purpose. Unlocking this potential through policy, corporate innovation, and family support can transform retirement from dependency to empowerment,” Himanshu Rath,...

India’s livestock sector clocks 12.77 CAGR, contributes 5.5 pc to economy: Minister

by AIP Online Bureau | Oct 1, 2025 | Data, Eco/Invest/Demography, Policy

Union Minister of Fisheries, Animal Husbandry and Dairying, Rajiv Ranjan Singh highlighted that India is today the world’s largest producer of milk, accounting for nearly 25 per cent of global output with an annual production of 239 million tonnes. India is also the...
India added more than 1 billionaire every week in 2025: Hurun Report

India added more than 1 billionaire every week in 2025: Hurun Report

by AIP Online Bureau | Oct 1, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Remarkably, the top 10 alone hold wealth equal to 28 per cent of the rest of the entire list, the list showed. Startups have emerged as a strong driver of wealth creation, with 97 startup founders making it to the 2025 list.On the demographic side, Mumbai continues to...
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