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S&P revises its outlook on GIC Re South Africa to positive from stable

S&P revises its outlook on GIC Re South Africa to positive from stable

by AIP Online Bureau | Jun 29, 2025 | Indian News, Non-Life, Regulation, Reinsurance

The affirmation of the ratings on GIC Re SA reflects S&P’s expectation that the insurer will continue to benefit from ongoing financial and operational support from its wholly owned parent, GIC Re . GIC Re SA benefits from rating uplift due to the support of...

National consumer commission upholds doctor’s medical negligence, awards Rs 10 lakh compensation

by AIP Online Bureau | Jun 29, 2025 | Data, Non-Life

In an order dated June 6, the national commission said that the doctor’s hospital did not obtain “informed consent” for surgery, and the baby suffered injuries on his scalp and perichondritis of the ears, evidenced by the discharge summary of the...

FPIs on course to become net buyers in India for third month

by AIP Online Bureau | Jun 29, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Latest data made available by National Securities Depository Limited (NSDL) showed that FPIs had bought stocks worth ₹8,915 crore in June so far. In April and May, the FPIs had accumulated stocks worth ₹4,223 crore and ₹19,860 crore, respectively. New Delhi: Foreign...
AAIB also probing sabotage angle in Air India plane crash: Minister

AAIB also probing sabotage angle in Air India plane crash: Minister

by AIP Online Bureau | Jun 29, 2025 | Indian News

Minister of State for Civil Aviation Murlidhar Mohol said the Aircraft Accident Investigation Bureau was conducting a full inquiry. It is being probed from all angles, including any possible sabotage. CCTV footage is being reviewed, and several agencies are involved....
95 crore people now benefiting from social security schemes: PM Modi

95 crore people now benefiting from social security schemes: PM Modi

by AIP Online Bureau | Jun 29, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security

“Today, around 95 crore people of the country are getting the benefit of some or the other social security scheme; whereas, till 2015, the government schemes were reaching less than 25 crore people,” Prime Minister Narendra Modi said. New Delhi: Prime Minister...
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