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LIC bags Guinness world record for selling highest life insurance policies in 24 hrs

LIC bags Guinness world record for selling highest life insurance policies in 24 hrs

by AIP Online Bureau | May 24, 2025 | Indian News, Life

(L to R) Rishi Nath, official adjudicator, Guinness World Records, hands over certificate of achievement to Siddhartha Mohanty, CEO & MD, LIC, celebrating LIC’s Guinness World Record for the “Most Life Insurance Policies Sold in 24 Hours.” On January 20, a total...

Govt ratifies interest rate at 8.25 pc on employees’ provident fund for FY25

by AIP Online Bureau | May 24, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

EPFO, on February 28, had decided to retain the interest rate of 8.25 per cent on employees’ provident fund (EPF) deposits for the financial year 2024-25, equal to the rate provided in the preceding fiscal. Now the interest amount as per the rate ratified for...
Monsoon reaches Kerala, earliest since 2009: IMD

Monsoon reaches Kerala, earliest since 2009: IMD

by AIP Online Bureau | May 24, 2025 | Eco/Invest/Demography, Indian News

The IMD in April forecast above-normal cumulative rainfall in the 2025 monsoon season, ruling out the possibility of El Nino conditions, which are associated with below-normal rainfall in the Indian subcontinent New Delhi:The southwest monsoon reached Kerala on...
Acko General Insurance penalised Rs 1 cr by IRDA for violating regulations

Acko General Insurance penalised Rs 1 cr by IRDA for violating regulations

by AIP Online Bureau | May 24, 2025 | Indian News, Intermediaries, Non-Life, Regulation, Technology

According to the IRDAI order, even where outsourcing is given to an intermediary, the insurer retains the responsibility for all regulatory obligations and proper due diligence and monitoring of the outsourced service provider and the services provided Hyderabad/...
Maternity leave integral to maternity benefits, says SC, sets aside Madras HC verdict

Maternity leave integral to maternity benefits, says SC, sets aside Madras HC verdict

by AIP Online Bureau | May 23, 2025 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits

“Maternity leave is integral to maternity benefits. Reproductive rights are now recognized as part of several intersecting domains of international human rights law viz. the right to health, right to privacy, right to equality and non-discrimination and the...
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