by AIP Online Bureau | May 18, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy
Under the new measures, all meetings, reviews and consultations must be conducted via video conferencing unless physical presence is deemed essential, the order issued by the Department of Financial Services said. NEW DELHI: India’s finance ministry directed...
by AIP Online Bureau | Apr 28, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Wealth Management/ Philanthropy
Major state-owned insurers with significant stakes in the NSE as of March 2025 include Life Insurance Corporation of India (LIC) with 10.72%, and public sector general insurers like GIC, New India Assurance, National Insurance, and Oriental Insurance, each holding...
by AIP Online Bureau | Apr 15, 2026 | Eco/Invest/Demography, Indian News, Life, Policy, Technology
Lto R- Dinesh Pant, managing director(MD), LIC, R. Doraiswamy, MD and CEO,M Ngaraju, secretary,Department of Financial Services,Ratnakar Patnaik,MD at an event in Mumbai to launch LIC’s Customer App ‘MyLIC’, Nagaraju suggested the four multiline PSU general insurers,...
by AIP Online Bureau | Apr 14, 2026 | Eco/Invest/Demography, Indian News, Life, Policy
A bench of Justices Vikram Nath and Sandeep Mehta agreed to hear the plea which sought a direction to the Centre to exercise policy oversight to ensure that welfare insurance schemes for persons with disabilities are implemented in conformity with the guarantees under...
by AIP Online Bureau | Apr 13, 2026 | Indian News, Life, Policy
In a regulatory filing, the bonus issue will be done by capitalising Rs 6,325 crore out of reserves and surplus available with LIC as of December 31, 2025. The bonus issue would pave way for further share sale or offer for sale (OFS) of LIC. The government, according...