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Gross financial assets of Indian households rose by 14.5% in 2024: Allianz report

by AIP Online Bureau | Sep 25, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Over the past two decades, India’s real per capita financial assets have surged fivefold, marking one of the most impressive wealth growth trajectories among emerging markets, according to global insurer Allianz that released the 16th edition of its Global Wealth...

NIA receives IT refund of Rs 249.79 crore

by AIP Online Bureau | Sep 25, 2025 | Briefs, Non-Life

New India Assurance has received an Income Tax refund of Rs.249.79 crores for assessment Year 2009-10 (including interest of Rs. 8.89 crores). The insurer has informed the stock exchanges about the...
New rules for authenticating payments beyond SMS OTP to kick-in from April 2026

New rules for authenticating payments beyond SMS OTP to kick-in from April 2026

by AIP Online Bureau | Sep 25, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

“Based on the perceived risk associated with the transaction, additional checks beyond the minimum two-factor authentication may be resorted to. Issuers may also explore using DigiLocker as a platform for notification and confirmation for high-risk...
India’s resilience stands out amid increased global uncertainties: Sitharaman

India’s resilience stands out amid increased global uncertainties: Sitharaman

by AIP Online Bureau | Sep 25, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management

“But amidst all uncertain global situations, India’s resilience stands out and several favourable factors, such as strong macroeconomic fundamentals, a young demography, and greater reliance on domestic demand, provide the core strength to the Indian...
Britain considering support for Jaguar Land Rover’s suppliers

Britain considering support for Jaguar Land Rover’s suppliers

by AIP Online Bureau | Sep 25, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology

The automaker failed to finalize a cyber insurance deal brokered by Lockton ahead of the incident, and appears to be uninsured directly for the attack, three senior cyber insurance market sources told The Insurer. JLR declined to comment. The luxury carmaker, owned by...
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