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Joshi gets another 3 month extension as acting GIC Re CMD

Joshi gets another 3 month extension as acting GIC Re CMD

by AIP Online Bureau | Jan 7, 2026 | Briefs, Policy, Reinsurance

The government has extended the appointment of Hitesh Ramesh Chandra Joshi, executive director, GIC Re, as acting CMD of the state owned reinsurer for a further period of three months or until a regular CMD is appointed, or until further order, whichever is earliest,...
EV retail sales surge 16.37 pc to over 22.70 lakh units in 2025:FADA

EV retail sales surge 16.37 pc to over 22.70 lakh units in 2025:FADA

by AIP Online Bureau | Jan 7, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Technology

“CY25 clearly reinforces that India’s electrification journey is no longer a pilot; it is scaling, segment by segment. On the strength of robust ground-level adoption, electric two-wheelers retailed around 12.80 lakh retails (+11.36 per cent YoY) with an...
Aon’s Eric Andersen to join as AIG’s President and CEO-Elect

Aon’s Eric Andersen to join as AIG’s President and CEO-Elect

by AIP Online Bureau | Jan 7, 2026 | Intermediaries, International News, Non-Life

During his time as President of Aon from 2020 through 2025, Andersen led global programs that achieved gains in operational efficiency, improved performance for clients and the firm, increased shareholder returns and grew market value from $35 billion to $85 billion....

How Indians are earning, investing, and building wealth

by AIP Online Bureau | Jan 7, 2026 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

A sharp rise in ITR-3 and ITR-2 filings shows that more people are earning from business, trading, and investments — indicating a move away from single-income careers toward diversified income streams. New Delhi: India’s high-income salaried class is growing at...
86 pc of Indians see jewellery as core wealth asset, Gen Z accelerates shift

86 pc of Indians see jewellery as core wealth asset, Gen Z accelerates shift

by AIP Online Bureau | Jan 7, 2026 | Workplace/Employee Benefits

About 56 per cent of consumers now view jewellery as both an investment and a fashion accessory, while 28 per cent purchase jewellery purely as an investment,according to a Deloitte India report. New Delhi: About 86 per cent of Indian consumers now consider gold and...
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