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Amit Shah announces new cooperative life insurance firm, ‘Bharat Taxi’ expansion to 500 cities

Amit Shah announces new cooperative life insurance firm, ‘Bharat Taxi’ expansion to 500 cities

by AIP Online Bureau | Jul 6, 2026 | Eco/Invest/Demography, Indian News, Life

“We will be setting up a life insurance company in the cooperative sector. This will help in the growth of cooperatives in the insurance sector.”Union Minister Amit Shah New Delhi:Union Minister Amit Shah on Monday said a cooperative life insurance company...
Indian auto retail records best-ever June with 21.83% YoY growth: FADA

Indian auto retail records best-ever June with 21.83% YoY growth: FADA

by AIP Online Bureau | Jul 6, 2026 | Data, Eco/Invest/Demography

Reflecting on the June 2026 performance, FADA President C S Vigneshwar said, “June’26 has been a landmark month for Indian Auto Retail — the best June ever recorded, with Two-Wheelers, Three-Wheelers, Commercial Vehicles, Passenger Vehicles and...
ICICI Pru Life seeks investor status for Prudential after Bharti Life deal

ICICI Pru Life seeks investor status for Prudential after Bharti Life deal

by AIP Online Bureau | Jul 5, 2026 | Eco/Invest/Demography, Indian News, Life

As per the current law, an entity cannot be a promoter in two insurance ventures. As a result, Prudential has to reduce its shareholding in ICICI Pru Life to under 10 per cent from around 22 per cent at present. Mumbai:The decision with regard to re-classification...
AI to transform insurance, strengthen India’s risk management ecosystem: DFS Addl Secy

AI to transform insurance, strengthen India’s risk management ecosystem: DFS Addl Secy

by AIP Online Bureau | Jul 4, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Technology

Dr. Debasish Prusty, Additional Secretary, Department of Financial Services is addressing the India Insurance Summit 2026 in Mumbai on Friday. Girija Subramanian, Chairman and Managing Director, New India Assurance is seen on the dias. The India Insurance Summit 2026,...
India seeks to quell public backlash on ethanol-mixed fuel after ‘experiment’ remark

India seeks to quell public backlash on ethanol-mixed fuel after ‘experiment’ remark

by AIP Online Bureau | Jul 4, 2026 | Eco/Invest/Demography, Indian News, Policy

The mandate to use the blend, called E20, came into force last year but is now one of the biggest political flashpoints for Prime Minister Narendra Modi’s government and motorists in the world’s third-biggest car market. NEW DELHI: India’s government...
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