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Govt to table Bill to hike FDI in insurance sector to 100% in Winter session of Parliament

Govt to table Bill to hike FDI in insurance sector to 100% in Winter session of Parliament

by AIP Online Bureau | Nov 22, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

A bill seeking to open up the civil nuclear sector for private players, which will have implications for the industry, is among the 10 new proposed legislations listed by the government for introduction in the winter session of Parliament, beginning December 1. New...
8 officials selected for Insurance Ombudsmen

8 officials selected for Insurance Ombudsmen

by AIP Online Bureau | Nov 21, 2025 | Indian News, Life, Non-Life

Those who have been selected by a government appointed panel are- Mukhmeet Singh for New Delhi, Rajiv Talwar for Noida, Rachna Khare, Pune, Pranai Prabhakar, for Ahmedabad, Sanjai Singh, for  Lucknow, Manju Bagga, for Kolkata, Rashmi Ranjan Singh for Bhubaneswar,...
Govt aggregating PSUs’ demand to ensure long-term charters for Indian carriers

Govt aggregating PSUs’ demand to ensure long-term charters for Indian carriers

by AIP Online Bureau | Oct 29, 2025 | Eco/Invest/Demography, Indian News, Policy

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri “Oil marketing companies use vessels for crude imports. To reduce recurring cost through ownership of vessels (ships), we are aggregating PSU cargo demand to ensure long-term charters for Indian...

Govt plans to hike foreign investment cap in state-run banks to 49%, source says

by AIP Online Bureau | Oct 27, 2025 | Banking & Bancassurance, Indian News, Policy, Regulation

Foreign interest in India’s banking industry is on the rise as evidenced by Dubai-based Emirates NBD’s recent $3 billion purchase of a 60% stake in RBL Bank and Sumitomo Mitsui Banking Corp’s $1.6 billion acquisition of a 20% stake in Yes Bank which...
Govt considers introducing nationwide climate-linked insurance scheme

Govt considers introducing nationwide climate-linked insurance scheme

by AIP Online Bureau | Oct 7, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Reinsurance

The National Disaster Management Authority, the finance ministry and GIC Re and other top reinsurers and insurers are exploring coverage options and funding mechanisms, the official added. MUMBAI: India’s government has begun early-stage talks with local...
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