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LIC offers major facilities for maturity claim payments to its policyholders 

by AIP Online Bureau | Mar 18, 2021 | Indian News, Life

  Mumbai: In view of restriction in movements posed by Corona pandemic, Life Insurance Corporation(LIC) has decided to allowe its 29 crore policyholders to deposit their maturity claim documents at their nearest LIC office anywhere in the country. This...

Rajya Sabha passes bill to raise FDI in insurance to 74%

by AIP Online Bureau | Mar 18, 2021 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation

  New Delhi: Rajya Sabha on Thursday approved a bill to raise the foreign investment limit in the insurance sector to 74 per cent with Finance Minister Nirmala Sitharaman saying while control will go to foreign companies, the majority of directors and key...

Pandemic pushes 32 million Indians out of middle class, says Pew Research

by AIP Online Bureau | Mar 18, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  NEW DELHI: Financial woes brought by last year’s coronavirus pandemic have pushed about 32 million Indians out of the middle class, undoing years of economic gains, a report showed on Thursday, while job losses pushed millions into poverty. The number of...

Nearly 40k coronavirus cases in India: Govt

by AIP Online Bureau | Mar 18, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi:   India's coronavirus infections surged to more than a three-month high on Friday, led by a record daily increase in the western state of Maharashtra, where authorities have adopted fresh curbs to restrain the spread of the disease. India's...

Ebola infects 30, kills 15 in Guinea, DRC

by AIP Online Bureau | Mar 18, 2021 | Eco/Invest/Demography, International News

  ADDIS ABABA: The Africa Centers for Disease Control and Prevention (Africa CDC) said Guinea and the Democratic Republic of the Congo (DRC) have reported 30 Ebola virus cases and 15 related deaths so far. The Africa CDC, the specialised healthcare agency of the...
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