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HDFC International Life & Re launches new global products from GIFT City – IFSC

HDFC International Life & Re launches new global products from GIFT City – IFSC

by AIP Online Bureau | Aug 17, 2023 | Indian News, Life, Regulation

HDFC Life International will offer US Dollar denominated life and health insurance solutions for Non-Resident Indians (NRIs) and the global Indian diaspora HDFC AMC International (IFSC) Limited will offer fund management and advisory solutions and be positioned as...
III collaborates with Mumbai University to launch PG Diploma course in Insurance Marketing

III collaborates with Mumbai University to launch PG Diploma course in Insurance Marketing

by AIP Online Bureau | Aug 17, 2023 | Indian News, Life, Non-Life

The classes will commence from 19th August and on successful completion of the course the Diploma will be awarded jointly by the Insurance Institute of India and Mumbai School of Economics and Public Policy (Autonomous), University of Mumbai Mumbai: Mumbai based...

CAG report reveals beneficiaries paid money for treatment under AB-PMJAY

by AIP Online Bureau | Aug 17, 2023 | Health, Indian News, Non-Life, Policy, Regulation

The CAG’s audit report on AB-PMJAY which was presented in Parliament recently, said: “The agreement signed by the SHA (State Health Agency) and the private EHCPS (Empanelled Health Care Providers) states that the treatment/interventions to PMJAY beneficiaries...

Life insurance: New CBDT rules on calculating income for policies with premium exceeding Rs 5 lakh

by AIP Online Bureau | Aug 17, 2023 | Eco/Invest/Demography, Indian News, Life, Policy, Wealth Management/ Philanthropy

According to the change, for policies issued on or after April 1, 2023, the tax exemption on maturity benefits under Section 10(10D) will only be applicable if the aggregate premium paid by an individual is up to Rs 5 lakh a year New Delhi: The Income Tax department...

Urban poor most impacted in July inflation surge: Crisil

by AIP Online Bureau | Aug 17, 2023 | Data, Eco/Invest/Demography

The poorest segment in both urban and rural areas faced a higher inflation burden than their high-income counterparts, as food inflation accelerated sharply,” the Crisil note added Mumbai: Urban poor have been the most impacted by 15-month high consumer price...
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