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Govt to soon start selection process for new PFRDA chairman

by AIP Online Bureau | Mar 17, 2019 | Indian News, Pension & Social Security, Policy, Regulation

   New Delhi: The government will soon start selection process for a new chairman of pension fund regulator PFRDA to succeed the present chief, Hemant G Contractor, whose term is slated to end in April.   "The Finance Ministry will soon come out...

IDBI Bank board proposes change in name to either LIC IDBI Bank or LIC Bank

by AIP Online Bureau | Mar 17, 2019 | Uncategorized

   Mumbai: The IDBI Bank's proposal for changing its name has not found any favour from the Reserve Bank of India, sources said. The board of IDBI Bank last month proposed change in the name of the lender to either LIC IDBI Bank or LIC Bank, following...

Ex-SC Judge Justice PC Ghose set to be first Lokpal

by AIP Online Bureau | Mar 17, 2019 | Eco/Invest/Demography, Indian News, Policy

  New DelhI Former Supreme Court judge Justice Pinaki Chandra Ghose was on Sunday recommended to be the first Lokpal or anti-corruption ombudsman of India.   His name was finalised and recommended by the Selection Committee comprising of Prime Minister...

India:FPIs pump in Rs 20,400 crore in first half of March on positive global cues

by AIP Online Bureau | Mar 17, 2019 | Data, Eco/Invest/Demography

  Overseas investors poured in more than Rs 20,400 crore in the domestic capital market in the first half of March, mainly driven by positive global cues.   The expectation of a positive outcome from the US-China trade agreement along with US Fed's...

Global insurance M&A activity up 9% in 2018, may slow down in first half 2019:Clyde & Co

by AIP Online Bureau | Mar 17, 2019 | Eco/Invest/Demography, International News

  According to Clyde & Co's global insurance practice,.there were 382 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2018, up 9% (from 350) from the previous year. With 196 deals in the second half of the year, following...
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