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AP govt plans financial rewards for larger families:Chief Minister

AP govt plans financial rewards for larger families:Chief Minister

by AIP Online Bureau | May 16, 2026 | Eco/Invest/Demography, Indian News, Policy

N Chandrababu Naidu,Chief Minister,Andhra Pradesh “I have made a new decision. We will provide Rs 30,000 immediately after the birth of a third child and Rs 40,000 for a fourth child. Isn’t this the right decision?” Naidu said on the sidelines of the...
Financial systems must remain connected to real economy: PM’s principal Secy cautions against speculation

Financial systems must remain connected to real economy: PM’s principal Secy cautions against speculation

by AIP Online Bureau | May 16, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Policy

PK Mishra,Principal Secretary to Prime Minister Addressing the 20th convocation of the National Institute of Bank Management (NIBM) in Pune, Mishra said,”In India, this convergence of finance and technology has enabled the creation of one of the world’s...
IRDAI gets ready to implement Risk Based Capital norms for insurers,to publish draft regulations soon

IRDAI gets ready to implement Risk Based Capital norms for insurers,to publish draft regulations soon

by AIP Online Bureau | May 16, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Risk Management

The IRDAI’s board in its recent meeting had deliberated the issue and approved drafting and publishing the draft regulations on the proposed Indian Risk Based Capital Framework for stakeholder consultation.The issues which need to be addressed before launching...
Monsoon rains to hit southern Indian coast early, spurring crop planting

Monsoon rains to hit southern Indian coast early, spurring crop planting

by AIP Online Bureau | May 16, 2026 | Eco/Invest/Demography, Indian News

Last month, the India Meteorological Department forecast below-average monsoon rains in ​2026 for ​the first ⁠time in three years, raising concerns over farm output and economic growth ​in Asia’s third-largest economy, which, like ​other ⁠countries, already...
GIC Re infuses $49 million into its Malaysian branch

GIC Re infuses $49 million into its Malaysian branch

by AIP Online Bureau | May 16, 2026 | Indian News, Reinsurance

GIC Re appoints Rajesh Lahiri as new CFO in place of V. Balkrishna New Delhi: State owned GIC Re has infused USD 49 million (approximately Rs 469 crore) into the Corporation’s Labuan (Malaysia) Branch for maintaining solvency as required by the Labuan Financial...
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