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Investors’ wealth rises by Rs 3.86 lakh crore in two days of market rally

by AIP Online Bureau | May 27, 2019 | Eco/Invest/Demography, Indian News

  Mumbai: Investors' wealth has gone up by Rs 3.86 lakh crore in two days of market rise where the Sensex has gained 872 points after the decisive mandate for the BJP in the general election. The 30-share BSE key index has gained 871.9 points in two days. The...

Khuntia Panel focuses on insurance penetration and natural disaster for action plans

by AIP Online Bureau | May 26, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy, Regulation

  New Delhi:  The top level panel headed by Subhash C Khuntia, chairman, IRDAI to bring about large scale reforms in the Indian insurance industry, has preferred to focus on some of the pressing issues like insurance penetration and natural disaster in its...

Five in the race to become Secretary of GI Council

by AIP Online Bureau | May 26, 2019 | Indian News, Non-Life, Regulation

  Mumbai: The General  Insurance Council(GI Council), the official representative body of the Rs 1.7 trillion general insurance industry, will select a new secretary general on May 29. The insurance professionals who have been shortlisted for the interview...

Bengaluru airport receives threat call, Air Asia plane cordoned off

by AIP Online Bureau | May 26, 2019 | Indian News, Risk Management

KOLKATA: An Air Asia flight was cordoned off on Sunday by Central Industrial Security Force (CISF) personnel at the airport here after receiving a threat call.  The flight I5 588 took off from Bagdogra with 179 passengers on board. The airline said it recieved...

Single authority for sanctioning, processing GST refunds likely by August

by AIP Online Bureau | May 26, 2019 | Eco/Invest/Demography, Indian News

New Delhi: A single authority for sanctioning and processing GST refunds is in the offing as the Finance Ministry looks to speed up and simplify the process for exporters, an official said.   The current mechanism entails a twin refund sanctioning authority of...
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