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Govt returns Rs1,887 crore unclaimed financial assets to citizens in 2 months

Govt returns Rs1,887 crore unclaimed financial assets to citizens in 2 months

by AIP Online Bureau | Nov 27, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

Unclaimed financial assets such as insurance policy claims, bank deposits, dividends, shares, and income from mutual funds often remain unclaimed due to a lack of awareness or outdated account details New Delhi: The Secretary of the Department of Financial Services,...
GST rate rationalisation boosts consumption; economy to maintain growth momentum: FinMin report

GST rate rationalisation boosts consumption; economy to maintain growth momentum: FinMin report

by AIP Online Bureau | Nov 27, 2025 | Eco/Invest/Demography, Indian News, Policy

“The rationalisation of GST rates has provided a measurable boost to consumption, as reflected in the strengthening of high-frequency indicators, including higher e-way bill generation, record festive-season automobile sales, robust UPI transaction values, and a...
Govt mulls rating system for assessing performance of contractor firms engaged in NH works

Govt mulls rating system for assessing performance of contractor firms engaged in NH works

by AIP Online Bureau | Nov 27, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy

According to the concept note, ratings for Engineering, Procurement, and Construction (EPC) and Hybrid Annuity Model (HAM) projects shall be conducted together, whereas ratings for Build-Operate-Transfer (BOT) projects shall be conducted separately New Delhi: In a...
Sebi introduces new incentive structure for mutual fund distributors

Sebi introduces new incentive structure for mutual fund distributors

by AIP Online Bureau | Nov 27, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy

Under this, asset management companies (AMCs) will pay these distributors 1 per cent of the first lump-sum investment or the first-year SIP amount, up to Rs 2,000, provided the investor stays invested for at least a year. New Delhi:, Markets regulator Sebi on Thursday...
Individual NBP for life insurance growth estimated at 9 pc in FY2026: Icra

Individual NBP for life insurance growth estimated at 9 pc in FY2026: Icra

by AIP Online Bureau | Nov 27, 2025 | Data, Eco/Invest/Demography, Life, Policy, Regulation

“The GST exemption on individual life insurance policies, which enhances customer affordability, is expected to boost individual NBP growth in the medium term. After a subdued H1, this NBP growth is projected to recover in H2 FY2026, with an overall increase of...
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