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FPIs dump Indian equities worth Rs 21,000 cr in first half of Aug

by AIP Online Bureau | Aug 17, 2025 | Data, Eco/Invest/Demography, Risk Management

With this, the total outflow by Foreign Portfolio Investors (FPIs) in equities reached the Rs 1.16 lakh crore mark so far in 2025, according to data with the depositories. New Delhi: Foreign investors offloaded Indian equities worth nearly Rs 21,000 crore in the first...
Used cooking oil to produce sustainable aviation fuel: Indian Oil

Used cooking oil to produce sustainable aviation fuel: Indian Oil

by AIP Online Bureau | Aug 17, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography

Agencies will collect used cooking oil from large users, such as hotel chains, restaurants, and snacks and sweets producing companies like Haldiram, and supply it to Indian Oil’s Panipat refinery. Panipat refinery will use this oil to produce sustainable...

‘Next Gen GST’ precursor to eventual single tax slab GST: Sources

by AIP Online Bureau | Aug 16, 2025 | Eco/Invest/Demography, Indian News, Policy

“What we have suggested is a ‘Next Gen GST’ keeping the needs of the middle class, poor, farmers, and MSMEs in mind. Also, it has been ensured that tax on daily use items are low,” the official told PTI New Delhi: Describing the proposed GST tax reforms as ‘Next Gen...
Aon sued for its role in collapse of  Israel insurtech Vesttoo

Aon sued for its role in collapse of Israel insurtech Vesttoo

by AIP Online Bureau | Aug 16, 2025 | Intermediaries, International News, Technology

The lawsuit claims Aon “ignored red flags” about letters of credit and encouraged counterparties to work with Vesttoo despite expressing concerns internally about the business. The trustee, Lawrence Hirsh, alleges the insurance broker partnered with Vesttoo in an...
GST revamp to see rates of 5%, 18%; 40% tax on 7 items

GST revamp to see rates of 5%, 18%; 40% tax on 7 items

by AIP Online Bureau | Aug 15, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management

While essential food items, medicines and education will continue to be taxed at zero rate in the proposed revamped GST regime, 99 per cent of items in the current 12 per cent slab will move to the 5 per cent bracket. Services will continue to be charged at 18 per...
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