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IDBI stake sale likely to be completed this fiscal: DIPAM secy

IDBI stake sale likely to be completed this fiscal: DIPAM secy

by AIP Online Bureau | Aug 21, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Policy

“LIC’s market value is around Rs 6 lakh crore. So, keeping in mind the liquidity of the market, transactions are designed according to that. And it is not appropriate to give any number in the form of a rumour in the middle of the market,” Arunish...
GoM backs Centre’s proposal to scrap 12% and 28% GST slabs: Samrat Choudhary

GoM backs Centre’s proposal to scrap 12% and 28% GST slabs: Samrat Choudhary

by AIP Online Bureau | Aug 21, 2025 | Eco/Invest/Demography, Health, Indian News, Regulation

Samrat Choudhary,,Deputy Chief Minister,Bihar The GoM also reviewed the Centre’s suggestion to exempt GST on individual health and life insurance premiums. While most states supported the idea, they flagged the need for strict oversight to make sure insurance...
DGCA issued 4 show-cause notices to Air India over 29 violations: Minister

DGCA issued 4 show-cause notices to Air India over 29 violations: Minister

by AIP Online Bureau | Aug 21, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management

The DGCA carried out 171 regulatory audits from 2020 to June 2025 to ensure safety in India’s civil aviation sector. New Delhi: The government on Thursday said that the Directorate General of Civil Aviation (DGCA) had issued four show-cause notices to Air India...
Staff shortages at India’s aviation regulator and air traffic control threaten safety, lawmakers say

Staff shortages at India’s aviation regulator and air traffic control threaten safety, lawmakers say

by AIP Online Bureau | Aug 21, 2025 | Indian News, Risk Management

Lawmakers were reviewing aviation safety in India in the aftermath of the deadly Air India Boeing Dreamliner crash that killed 260 people in June, the world’s worst aviation disaster in a decade. NEW DELHI: An Indian parliamentary committee on aviation has...

Talent eludes India’s BFSI global capability centres; market to hit $135 bn by 2032: report

by AIP Online Bureau | Aug 21, 2025 | Data, Eco/Invest/Demography, Technology

India is home to nearly 190 BFSI GCCs which employ nearly 540,000 professionals, accounting for one-fourth of the total GCC workforce, said the report. Mumbai: Rapidly expanding global capability centres of banking, financial services and insurance (BFSI) sector has...
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