by AIP Online Bureau | Jan 23, 2026 | Indian News, Non-Life, Policy
The wage revision for the employees of PSGICs will be effective from 01.08.2022. The overall hike in wage bill shall be 12.41% with an increase of 14% on existing Basic pay and Dearness allowance. A total of 43,247 PSGIC employees will benefit from this revision. The...
by AIP Online Bureau | Jan 13, 2026 | Indian News, Policy
Section 17A of the Prevention of Corruption Act, 1988, introduced in July 2018, bars any “enquiry or inquiry or investigation” against a public servant for recommendations made in discharge of official duties without prior approval from the competent authority. New...
by AIP Online Bureau | Jan 8, 2026 | Indian News, Risk Management, Technology
Under vehicle-to-vehicle(V2V) communication technology, the driver is alerted about speed, location, acceleration, spot vehicles in blind spots and braking of other vehicles in real-time in the vicinity, allowing him or her to take necessary action. New Delhi: The...
by AIP Online Bureau | Dec 28, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance
The scheme also includes a Credit Risk Coverage Framework, offering government-backed insurance for pre-shipment, post-shipment and vendor-default risks to improve project bankability and financial resilience New Delhi: The Ministry of Ports, Shipping and Waterways...
by AIP Online Bureau | Dec 18, 2025 | Articles, Eco/Invest/Demography, Health, Intermediaries, Life, Non-Life, Policy, Regulation, Reinsurance
Nirmala Sitharaman,Finance minister Taken together,the Bill, that now awaits Presidential assent and thereafter notification in the official gazette, promises a decisive shift in India’s insurance landscape. Several of the proposals in the Bill are measured and their...
