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UAE becomes world’s third-largest holder of sovereign wealth and public pension assets

by AIP Online Bureau | Jul 4, 2025 | Data, Eco/Invest/Demography, Pension & Social Security

This places the UAE behind only the United States, which tops the list with USD 12.12 trillion, and China, with USD 3.36 trillion, making it the largest holder of sovereign-owned investor (SOI) assets in the Middle East. The United Arab Emirates now ranks third...
Contractual employees entitled to maternity leave: Orissa HC

Contractual employees entitled to maternity leave: Orissa HC

by AIP Online Bureau | Jul 4, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

Rejecting the state government’s contention that only regular women civil servants qualify for maternity leave, the court observed: “Women employees for the purpose ofavailing such benefit do constitute one homogenous class and their artificial bifurcation...

ICICI Prudential Pension Funds crosses Rs 50,000 crore AUM

by AIP Online Bureau | Jul 4, 2025 | Data, Eco/Invest/Demography, Pension & Social Security

Today, ICICI Prudential Pension Funds serves over 1.2 lakh NPS accounts through Points of Presence (POP), and 9.71 lakh subscribers as a Pension Fund Manager (PFM), spanning corporate and retail segments. Mumbai: In a landmark achievement, ICICI Prudential Pension...
Contractual employees entitled to maternity leave: Orissa HC

ICICI Lombard gets Rs 1,728.86-crore GST relief from Bombay High Court

by AIP Online Bureau | Jul 4, 2025 | Indian News, Non-Life, Policy

The Bombay High Court has directed the adjudicating authority to re-hear the matter in light of the decision of the GST Council and the circulars,’’ the insurer said in a regulatory filing. Mumbai: In a relief to ICICI Lombard General Insurance, a positive development...
Former IRDA member Rakesh Joshi made chairman of Bima Sugam India Federation

Former IRDA member Rakesh Joshi made chairman of Bima Sugam India Federation

by AIP Online Bureau | Jul 3, 2025 | Indian News, Life, Non-Life, Technology

Rakesh Joshi, chairman, Bima Sugam India Federation Joshi as a member of IRDA from March 2022 to December 2023, under the chairmanship of Debasish Panda  was very closely involved with the development and implementation of Bima Sugam  and Bima Vistaar...
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