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Cabinet approves Insurance Amendment Bill for raising FDI cap to 100%, no provision for Composite license

Cabinet approves Insurance Amendment Bill for raising FDI cap to 100%, no provision for Composite license

by AIP Online Bureau | Dec 12, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation

Bill doesn’t have any of the much talked about features like Composite License, Open Architecture and allowing Differential Capital Among new provisions, the bill proposes to constitute a Policyholders’ Education and Protection Fund, One-time registration of...
Auto industry saw 18.7% YoY growth in passenger vehicle sales in November: SIAM

Auto industry saw 18.7% YoY growth in passenger vehicle sales in November: SIAM

by AIP Online Bureau | Dec 12, 2025 | Data, Eco/Invest/Demography, Non-Life

Commenting on the November 2025 performance, SIAM Director General Rajesh Menon said, “Following the festive demand and support from the Government’s progressive GST 2.0 reforms, the Indian Auto Industry continued with the sales momentum in November 2025....
Central law on eviction of unauthorised occupants prevails over state rent laws: SC

Central law on eviction of unauthorised occupants prevails over state rent laws: SC

by AIP Online Bureau | Dec 11, 2025 | Indian News, Life, Non-Life, Policy

A three-judge bench of Justices Vikram Nath, Sandeep Mehta and N V Anjaria ruled that the provisions of the PP Act apply retrospectively, meaning tenants who have occupied premises belonging to government corporations like the Life Insurance Corporation (LIC), other...
AM Best revises New India’s outlooks to positive

AM Best revises New India’s outlooks to positive

by AIP Online Bureau | Dec 11, 2025 | Indian News, Non-Life, Reinsurance

The Credit Ratings reflect New India’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, favourable business profile and marginal enterprise risk management (ERM) Singapore: In a major boost for New India...
Cyber attack on govt networks surged nearly 7 times post-Operation Sindoor: NICSI MD

Cyber attack on govt networks surged nearly 7 times post-Operation Sindoor: NICSI MD

by AIP Online Bureau | Dec 11, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

“Post-Operation Sindoor, attackers have intensified their efforts and attempted hits on government networks have surged nearly seven times, exposing new vulnerabilities in ministries, data centres, and citizen services. This underscores the need for advanced...
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