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Post LIC IPO, 60 pc of insurance biz to be with listed entities: FinMin official

by AIP Online Bureau | Aug 21, 2021 | Indian News, Life, Non-Life, Policy

  New Delhi: After the initial public offering (IPO) of LIC, about 60 per cent of the insurance business will be with listed companies, Additional Secretary in the Finance Ministry Amit Agarwal said on Saturday. The Cabinet Committee on Economic Affairs (CCEA)...

July non-life insurance premiums shrug off pandemic cloud: Care Ratings

by AIP Online Bureau | Aug 21, 2021 | Health, Indian News, Non-Life

  Mumbai: The non-life insurance industry continued its strong performance with July numbers reporting 19.5 per cent growth in line with the trend seen during previous months, Care Ratings has said. Non-life insurance premium reached Rs 20,171 crore compared to...

China allows couples third child amid demographic crisis

by AIP Online Bureau | Aug 21, 2021 | Eco/Invest/Demography, International News, Policy

Beijing: China will now allow couples to legally have a third child as it seeks to hold off a demographic crisis that could threaten its hopes of increased prosperity and global influence. The ceremonial legislature on Friday amended the Population and Family Planning...

India to add 100 more earthquake observatories by 2026: Jitendra Singh

by AIP Online Bureau | Aug 21, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Technology

  New Delhi: India will add 100 more earthquake observatories by 2026, Science and Technology Minister Jitendra Singh said on Saturday. Singh said that India is going to have 35 more earthquake observatories by the end of this year. Addressing the inaugural...

Facebook teams up with Indian firm to help provide loans to small businesses

by AIP Online Bureau | Aug 21, 2021 | Eco/Invest/Demography, Indian News, Technology

  NEW DELHI:  Facebook is partnering with an Indian online lending firm to help provide loans to small domestic businesses, its country head said on Friday, as part of a push to bring more businesses to advertise on its platform. The social media giant is...
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