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LIC nominee director Raj Kumar ceases to hold IDBI board seat

by AIP Online Bureau | May 19, 2025 | Briefs, Life

IDBI Bank on Monday said LIC Nominee Director Raj Kumar has ceased to hold the board seat with effect from May 18. “Raj Kumar has ceased to be LIC Nominee Director on the Board of IDBI Bank Limited with effect from May 18, 2025 on completion of his term,”...
UIDAI shares non-personal Aadhaar dashboard data to boost transparency research

UIDAI shares non-personal Aadhaar dashboard data to boost transparency research

by AIP Online Bureau | May 19, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

The datasets, released by Chief Data Officer (CDO) and Deputy Director General of UIDAI, include aggregated insights on Aadhaar enrolment, updates, and authentication patterns, categorised by geography, age-group and other relevant parameters, the release said,...

Mutual fund assets surge 23% to hit record Rs 65.74 trillion in FY25

by AIP Online Bureau | May 19, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

The systematic investment plans (SIPs) were popular among investors as flows into this segment rose sharply, with yearly contributions rising by 45.24 per cent to Rs 2.89 trillion in FY25. This substantial increase, along with MTM gains, saw SIP assets rise 24.6 per...

Ministry of Labour and Employment notifies sweeping amendments to the Employees’ Provident Fund rules

by AIP Online Bureau | May 19, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Workplace/Employee Benefits

The new provisions directly affect over 6 crore salaried employees came into force today, aim to streamline compliance, improve transparency, and secure long-term financial stability for the nation’s workforce New Delhi: In one of the most far-reaching reforms to...
All high court judges entitled to full pension: SC

All high court judges entitled to full pension: SC

by AIP Online Bureau | May 19, 2025 | Indian News, Pension & Social Security, Policy

Observing that denial would amount to violation of right to equality under Article 14 of the Constitution, a bench comprising Chief Justice B R Gavai and Justice Augustine George Masih said full pension will be paid to all irrespective of when they were appointed and...
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