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Emerging Asia: a $3.8 trillion-per-year pension savings gap

by AIP Online Bureau | Jun 30, 2021 | Articles, Eco/Invest/Demography, Health, Non-Life, Pension & Social Security, Regulation

  Emerging Asia has an estimated pension savings gap of USD 3.8 trillion per post-retirement year. This totals USD 74 trillion over workers' full retirement years, equivalent to USD 50 000 per worker, or 11 times the average worker's annual...

Standard Life’s stake in HDFC Life to come down to 3.89 pc

by AIP Online Bureau | Jun 30, 2021 | Indian News, Life

New Delhi: Standard Life's shareholding in HDFC Life Insurance will come down to 3.89 per cent post sale of shares by the foreign promoter on Tuesday. Standard Life (Mauritius Holdings), one of the promoters, said in a communication that they had undertaken a sale...

COVID-19 in children often asymptomatic, 2pc-3 pc infected kids may require hospitalisation: VK Paul

by AIP Online Bureau | Jun 30, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic

  New Delhi: COVID-19 in children is often asymptomatic and rarely require hospitalisation, however it is possible that a small percentage of children who get infected may need hospitalization and the Centre is making all adequate arrangements in terms of...

LIC’s mega IPO gains momentum, Govt notifies amendments in LIC Act

by AIP Online Bureau | Jun 30, 2021 | Eco/Invest/Demography, Indian News, Life, Regulation

New Delhi:With the government, on  Wednesday, gezettifying the 27 of amendments in LIC Act 1956 that are part of the Finance Act 2021, the 65-year old  Life Insurance  Corporation, with over Rs 35 trillion of assets, stands corporatised to facilitate...

India asks EU member states to consider Covishield, Covaxin vaccines under Green Pass scheme

by AIP Online Bureau | Jun 30, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic, Policy

New Delhi: As the European Union relaxes travel restrictions under its ''Green Pass'' scheme, India has asked the members of the 27-nation grouping to individually consider allowing Indians who have taken Covishield and Covaxin vaccines and want to...
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