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Insurers demand longer term assets to fund Govt’s Rs29.7 lakh crore debt pile

Insurers demand longer term assets to fund Govt’s Rs29.7 lakh crore debt pile

by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

The finance ministry has set a record target of Rs 2.5 trillion of debt to be swapped for the fiscal year starting April 1. With the insurance sector expanding at 12%-13% annually, the goal is within reach, according to Vidya Iyer, head of fixed income at ICICI...
Disaster is directly linked to climate change: Amit Shah

Disaster is directly linked to climate change: Amit Shah

by AIP Online Bureau | Mar 25, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

This Bill does not infringe on the federal structure. The primary responsibility for disaster management lies with the District Disaster Management Authority (DDMA), which operates under the state government,” Union Home Minister Amit Shah New Delhi: Union Home...
Over 77K hospital admissions worth Rs 87 cr authorised for mental health packages under AB-PMJAY: Centre

Over 77K hospital admissions worth Rs 87 cr authorised for mental health packages under AB-PMJAY: Centre

by AIP Online Bureau | Mar 25, 2025 | Workplace/Employee Benefits

Insurers are also mandated to make available products in compliance with the provisions of the Mental Health Care Act, 2017. In line with the above provisions, products are available in the market providing coverage for mental illness as per the respective product...
New Income Tax Bill to be introduced in monsoon session: FM Sitharaman

New Income Tax Bill to be introduced in monsoon session: FM Sitharaman

by AIP Online Bureau | Mar 25, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

The simplification exercise was guided by three core principles which include textual and structural simplification for improved clarity and coherence, ensuring continuity and certainty with no major tax policy changes and no modifications of tax rates to preserve...
If poor not provided treatment will ask AIIMS to take over SC to Indraprastha Apollo Hospital

If poor not provided treatment will ask AIIMS to take over SC to Indraprastha Apollo Hospital

by AIP Online Bureau | Mar 25, 2025 | Eco/Invest/Demography, Health, Indian News, Policy

A bench of Justices Surya Kant and N Kotiswar Singh took serious note of alleged violation of lease agreement under which the hospital run by Indraprastha Medical Corporation Limited (IMCL) was to provide free medical and other facilities to one-third of its indoor...
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