by AIP Online Bureau | Jul 9, 2025 | Briefs, Non-Life, Regulation
After ICICI Lombard General Insurance, the Bombay High Court has set aside a Rs 170.29 crore GST demand against Prem Watsa invested Go Digit General Insurance and ordered the tax department to reconsider the case. An assessment was raised by the Chennai South GST...
by AIP Online Bureau | Jul 9, 2025 | Indian News
Moving a fuel control switch from “RUN to CUTOFF” in flight would cause the fuel supply to stop flowing to the associated engine. This may result in its immediate shutdown and the loss of any thrust, according to Air Current. That would also stop the two...
by AIP Online Bureau | Jul 9, 2025 | Eco/Invest/Demography, Indian News
According to the latest flood bulletin issued on Wednesday, there are no stations currently in an “extreme flood situation”, where the previous highest flood level (HFL) is equalled or exceeded New Delhi: Seventeen river gauge stations across India are currently above...
by AIP Online Bureau | Jul 9, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The overall net assets under management (AUM) of the mutual fund industry rose to an all-time high of Rs 74.41 lakh crore as against Rs 72.20 lakh crore in May and Rs 69.99 lakh crore in April, according to the AMFI data. New Delhi: Mutual fund systemic investment...
by AIP Online Bureau | Jul 9, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
Jérôme Haegeli, Swiss Re’s Group Chief Economist, said: “While insurers’ profitability outlook is still benefiting from rising investment income, we expect tariffs to slow global GDP growth, and consequently weigh on insurance demand. In the long...
