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India witnesses surge in millionaires, outpacing Asia Pacific; eyes 55% rise by 2029

India witnesses surge in millionaires, outpacing Asia Pacific; eyes 55% rise by 2029

by AIP Online Bureau | Jun 26, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Technology, Wealth Management/ Philanthropy

“India’s wealth management market is undergoing a seismic shift, with the number of dollar millionaires expected to grow by over 55 per cent from 2024 to 2029–far outpacing the global average of 21 per cent. A generational wave of first-time wealth...
Ahmedabad Air India crash: Analysis of data from black boxes underway, says govt

Ahmedabad Air India crash: Analysis of data from black boxes underway, says govt

by AIP Online Bureau | Jun 26, 2025 | Disaster & Management, Indian News

“The team, constituted as per international protocol, is led by DG AAIB, and includes an aviation medicine specialist, an ATC officer, and representatives from the National Transportation Safety Board (NTSB) which is a government investigative agency from the...
Howden ventures into the Saudi Arabia, to drive strategic growth opportunities

Howden ventures into the Saudi Arabia, to drive strategic growth opportunities

by AIP Online Bureau | Jun 26, 2025 | Intermediaries, International News, Non-Life, Reinsurance

David Howden CBE, CEO, Howden said: “We have already built up a strong partnership with the Kingdom thanks to our role as part of the UK government’s Great Futures delegation, our work with Saudi EXIM bank and our sponsorship of the Jockey Club of Saudi Arabia”...
Himachal flash floods: Search operation to find missing people intensified

Himachal flash floods: Search operation to find missing people intensified

by AIP Online Bureau | Jun 26, 2025 | Disaster & Management, Eco/Invest/Demography, Indian News, Risk Management

In Kangra district, around 15-20 workers stationed at a labour colony near the Indira Priyadarshini Hydroelectric project site were feared swept away following a surge in water level in Manuni Khad in Khaniyara village. Two people died due to the flash flood at the...
Axis Max Life’s IPQ 7.0: Persistent protection gap in rural India

Axis Max Life’s IPQ 7.0: Persistent protection gap in rural India

by AIP Online Bureau | Jun 26, 2025 | Articles, Eco/Invest/Demography, Life

-Rural India’s Protection Quotient rises to 16, up from 12 in IPQ 5.0 – but urban-rural gap stands at 32 points,-Life insurance ownership remains significantly lower, despite awareness gains,-Rural women lag rural men in all protection indices – Protection Quotient at...
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