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EV manufacturers could lose edge if GST slashed on ICE vehicles: HSBC Report

EV manufacturers could lose edge if GST slashed on ICE vehicles: HSBC Report

by AIP Online Bureau | Aug 22, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Technology

HSBC outlines three possible scenarios. In the first, GST on small cars could be reduced from 28 per cent to 18 per cent, while larger cars may be moved to a new special rate of 40 per cent with the removal of the cess. This would lead to price cuts of around 8 per...

India InsurTech Association recognized as a “Champion of National Health Claims Exchange

by AIP Online Bureau | Aug 22, 2025 | Briefs, Health, Intermediaries, Non-Life, Technology

The India InsurTech Association (IIA) has been formally recognized as a “Champion of NHCX” (National Health Claims Exchange) – India’s pioneering digital platform transforming health insurance claims. NHCX, led by the National Health Authority (NHA),...
Amid confusion over WHO report Centre asks scientists to study if areca nut is non-carcinogenic

Amid confusion over WHO report Centre asks scientists to study if areca nut is non-carcinogenic

by AIP Online Bureau | Aug 21, 2025 | Eco/Invest/Demography, Health, Indian News, Policy

“A WHO report has created some confusion regarding the areca nuts produced in Karnataka. To dispel these misconceptions, a team of scientists from the Indian Council of Agricultural Research (ICAR) is conducting studies, and they have been instructed to submit...

Star Health insures 30 lakh sr citizens, settles over Rs 11,500 cr worth of claims in past 18 yrs

by AIP Online Bureau | Aug 21, 2025 | Briefs, Eco/Invest/Demography, Indian News, Non-Life

Star Health company has insured 30 lakh active senior citizens and settled over ₹11,500 crore worth of claims in the past 18 years .As India’s senior population crosses 11% of the total demographic, the industry faces the urgent task of designing sustainable and...

Term, health insurance policyholders to benefit most from GST exemption on individual policies: Experts

by AIP Online Bureau | Aug 21, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Reinsurance

Insurance industry hopes that key input services of commission and reinsurance also receive an exempt status so that there is no blockage of input tax credit ,” Mahesh Jaising Deloitte India Partner and Leader it is essential to tackle some of the structural...
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