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India holds 3rd rank globally in fintech startup funding with $889 million in Jan-June

by AIP Online Bureau | Jul 4, 2025 | Data, Eco/Invest/Demography

“While the Indian FinTech sector has seen a temporary dip in funding, the steady momentum in early-stage investments and growing acquisition activity indicate that investor interest remains strong, particularly in scalable, innovation-led models,” said Neha Singh,...
Govt employees under Unified Pension Scheme to get tax benefit akin to NPS: Finmin

Govt employees under Unified Pension Scheme to get tax benefit akin to NPS: Finmin

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

The inclusion of UPS under the tax framework marks another step forward in the government’s effort to strengthen retirement security for central government employees through transparent, flexible and tax-efficient options, the finance ministry said in a...

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...
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