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Govt eyes LIC listing on stock exchanges by March end: DIPAM Secy

Govt eyes LIC listing on stock exchanges by March end: DIPAM Secy

by AIP Online Bureau | Jan 27, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy

“LIC disinvestment amount will be included in this year’s (Budget) because we aim to list it before March 31,” Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey told PTI New Delhi: The government will list the...

Government notifies new rules for direct selling industry, seeks to safeguard interests of consumers

by AIP Online Bureau | Dec 29, 2021 | Indian News, Policy, Regulation

Every direct selling entity shall establish a mechanism for filing of complaints by consumers through its offices or branches or direct sellers, either in person or through post, telephone, e-mail or website They should have a grievance redress officer to acknowledge...
LIC withholds dividend payment to govt in last 2 yrs, conserves Rs 6,300 cr capital

LIC withholds dividend payment to govt in last 2 yrs, conserves Rs 6,300 cr capital

by AIP Online Bureau | Dec 23, 2021 | Indian News, Life, Policy

Sources at LIC said that the corporation has already accumulated Rs 6,300 crore of capital by not paying any dividend to the government in recent years and planning raise more though, at present it is not known how it will do it Mumbai: In a bid to conserve capital,...

Indian Govt’s health expenditure share in GDP rises from 1.15 pc to 1.35 pc: NHA report for 2017-18

by AIP Online Bureau | Nov 29, 2021 | Data, Workplace/Employee Benefits

The share of the government’s health expenditure in the total health expenditure has increased to 40.8 per cent (2017-18) from 28.6 per cent (2013-14), the NHA report for 2017-18 said. New Delhi: The share of the government’s health expenditure in the...
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