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Two vessels with 22 Indians on board hijacked by pirates in Yemen, Somalia

Two vessels with 22 Indians on board hijacked by pirates in Yemen, Somalia

by AIP Online Bureau | Aug 21, 2026 | Eco/Invest/Demography, International News

“As reported by Recruitment and Placement Service Licence (RPSL) agency – S K S Krishi Marine Services (Opc) Private Limited, six armed pirates are presently onboard the vessel and have taken control of the vessel,” a senior shipping ministry...
Fire reported on oil tanker with 24 Indian seafarers; all crew safe, says shipping ministry

Fire reported on oil tanker with 24 Indian seafarers; all crew safe, says shipping ministry

by AIP Online Bureau | Jun 8, 2026 | International News, Non-Life, Reinsurance

The Madagascar-flagged MT Marivex reported a fire around 1.30 pm IST, Opesh Kumar Sharma, a director in India’s Ministry of Ports, Shipping and Waterways, said at a news briefing. New Delhi: A fire was reported aboard an oil tanker carrying 24 Indian seafarers off the...
Young Indians: From aspirational spending to aspirational planning

Young Indians: From aspirational spending to aspirational planning

by AIP Online Bureau | Mar 14, 2026 | Articles, Eco/Invest/Demography, Life, Pension & Social Security, Wealth Management/ Philanthropy

The shift is evident on social media, where conversations increasingly centre on insurance coverage, SIPs, credit scores, and early retirement, rather than unchecked consumption. In this environment, sharply focused financial products such as term insurance are being...

Over 75% NRIs stay invested beyond 5 yrs, outpace resident Indians in long-term commitment: Report

by AIP Online Bureau | Aug 23, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

The average monthly SIP amount for NRI clients at FinEdge stands at ₹6,486, which is 58 per cent higher than the ₹4,093 average for resident Indian clients. Moreover, NRI SIPs are more than double the mutual fund industry average of ₹2,900. New Delhi: Non-Resident...

79% of Indians unsure if their insurance policy offers adequate coverage: Survey

by AIP Online Bureau | Jun 26, 2025 | Data, Eco/Invest/Demography, Health, Non-Life

Saurabh Vijayvergia, founder & CEO, CoverSure, said, “This survey shows that focusing on insurance penetration alone isn’t enough. What people need is insurance that they can understand and use effectively. If policyholders don’t know what’s covered or how to use...
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