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Riots impose financial strain on Nepal re/insurers

Riots impose financial strain on Nepal re/insurers

by AIP Online Bureau | Sep 25, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Oriental Insurance Company, a branch of India’s Oriental Insurance, has received the largest amount of claims till September 16, according to the data released by the Nepal Insurance Authority. It alone has received claims of NPR 5.14 billion across 40 cases....

India becomes world’s 3rd largest tech startup ecosystem with $7.7 bn of funding in 2025: Report

by AIP Online Bureau | Sep 25, 2025 | Data, Eco/Invest/Demography, Technology

This sector received $10.1 billion worth of funds in the corresponding period in 2024 and $8.3 billion in 2023 New Delhi: India climbed to third position globally in terms of funding for tech startups, trailing only the United States and the United Kingdom but ahead...
FSSAI launches dedicated licensing window for Ayurveda Aahara products

FSSAI launches dedicated licensing window for Ayurveda Aahara products

by AIP Online Bureau | Sep 25, 2025 | Eco/Invest/Demography, Health, Indian News, Policy

The initiative has been developed in close collaboration with the Ministry of Ayush, reflecting the Government of India’s commitment to integrating traditional Ayurvedic wisdom with modern food safety practices. This approach is designed to benefit both industry...

Gross financial assets of Indian households rose by 14.5% in 2024: Allianz report

by AIP Online Bureau | Sep 25, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Over the past two decades, India’s real per capita financial assets have surged fivefold, marking one of the most impressive wealth growth trajectories among emerging markets, according to global insurer Allianz that released the 16th edition of its Global Wealth...

NIA receives IT refund of Rs 249.79 crore

by AIP Online Bureau | Sep 25, 2025 | Briefs, Non-Life

New India Assurance has received an Income Tax refund of Rs.249.79 crores for assessment Year 2009-10 (including interest of Rs. 8.89 crores). The insurer has informed the stock exchanges about the...
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