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NPS assets under management to touch Rs 15 lakh cr by fiscal end: PFRDA Chairman

NPS assets under management to touch Rs 15 lakh cr by fiscal end: PFRDA Chairman

by AIP Online Bureau | Dec 21, 2024 | Eco/Invest/Demography, Indian News, Intermediaries, Pension & Social Security, Regulation

(L to R)- Rama Mohan Rao Amara, MD of State Bank of India; Deepak Mohanty, chairman, PFRDA, Siddhartha Mohanty,MD&CEO, LIC; Amitabh Chaudhry, MD & CEO of Axis Bank at an event to launch of official launch of the Association of NPS Intermediaries in Mumbai...
GST Council exempts tax on insurers’ contributions to  Motor Vehicle Accident Fund, defers any decisions on life and health covers

GST Council exempts tax on insurers’ contributions to Motor Vehicle Accident Fund, defers any decisions on life and health covers

by AIP Online Bureau | Dec 21, 2024 | Eco/Invest/Demography, Health, Indian News, Life, Policy

No decision was taken with regard to reduction in GST on insurance premiums as the GoM needed more time to study the issue. Many inputs are awaited including the one from insurance regulator IRDAI, Finance minister Nirmala Sitharaman “It was felt any decision on...

Net inflows in SIPs up 233 pc in India this year, MF industry sees 135 pc growth

by AIP Online Bureau | Dec 21, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Interestingly, the net AUM which was at Rs 49.05 lakh crore in November last year, crossed the historic milestone to touch Rs 68.08 lakh crore in November this year Total inflows into the mutual fund industry grew by 135.38 per cent at Rs 60,295.30 crore in November...

Autism a significant health burden in India: Study

by AIP Online Bureau | Dec 21, 2024 | Data, Eco/Invest/Demography, Health

The study showed that India had 708·1 case of ASD per 100, 000 persons in 2021. Of these, 483·7 were females, while 921·4 were males. About 140 per 100,000 persons suffered poor health and disability due to ASD in India in 2021 New Delhi: Autism spectrum disorder...

8.39 cr hospital admissions worth over Rs 1.16 lakh crore authorised under AB PMJAY till Nov 30: Govt

by AIP Online Bureau | Dec 20, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

Many of the states and Union territories implementing the scheme have converged their respective State Health Insurance Schemes with AB PMJAY, thereby increasing the population covered under government-funded medical insurance to include more than 18 crore families,...
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