by AIP Online Bureau | Aug 4, 2025 | Indian News, Life, Non-Life
Rob Leonardi, Asia Regional Officer, Generali, said, “India has long been a strategic market for Generali and our joint venture with the Central Bank of India reflects the potential we see today and for the future. The synergies between our two organisations are...
by AIP Online Bureau | Aug 4, 2025 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy
India’s largest institutional investor, Life Insurance Corporation of India (LIC), saw a marginal decline in its equity holdings. Across 284 companies where it holds over 1 per cent, LIC’s stake dropped to 3.68 per cent as of June 30, 2025, from 3.72 per cent at the...
by AIP Online Bureau | Aug 4, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
The Finance Act, 2025, has increased the income threshold for claiming a tax rebate under section 87A of the Income Tax Act, 1961 for resident individual taxable under the new tax regime under section 115 BAC of the Act from Rs 7 lakh to Rs 12 lakh, and the maximum...
by AIP Online Bureau | Aug 3, 2025 | Indian News
The IFSCA, a unified regulator for developing India’s first International Financial Services Centre(IFSC) has already issued licenses to half a dozen of global players including Berkley Insurance Asia, Allianz Partners, Peak Re, Singapore Re and Doha...
by AIP Online Bureau | Aug 3, 2025 | Eco/Invest/Demography, Health, Indian News
The formulations, which will now cost less, span a wide range of medicines including anti-inflammatory, cardiovascular, antibiotic, anti-diabetic and psychiatric medicines New Delhi: In a move to make medicines more affordable for patients, the National Pharmaceutical...