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Sithraman tables Insurance Amendment Bill, 2025 in Lok Sabha

Sithraman tables Insurance Amendment Bill, 2025 in Lok Sabha

by AIP Online Bureau | Dec 16, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life

Nirmala Sitharaman,Union Finance Minister “We want the regulator (Insurance Regulatory and Development Authority of India) also to be more robust. We have taken measures around this in the amendment ranging from better regulatory oversight, ease of compliance,...
FM says Finance Ministry does not advise LIC on investments, Adani investments as per SOPs

FM says Finance Ministry does not advise LIC on investments, Adani investments as per SOPs

by AIP Online Bureau | Dec 1, 2025 | Eco/Invest/Demography, Indian News, Life, Policy, Regulation

“The Ministry of Finance does not issue any advisory/direction to LIC in connection with matters related to investment of LIC fund.The investment decisions of the state-owned insurer, she said, are taken by “LIC alone following strict due diligence, risk...
FM Sitharaman lays foundation for offices of 15 PSU banks, insurance companies in Amaravati

FM Sitharaman lays foundation for offices of 15 PSU banks, insurance companies in Amaravati

by AIP Online Bureau | Nov 29, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

Sitharaman described the gathering of all major PSU banks and insurance companies on one financial street as a historic first for any state capital in India Amaravati:Union Finance Minister Nirmala Sitharaman and Andhra Pradesh Chief Minister Chandrababu Naidu on...
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...
Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

by AIP Online Bureau | Oct 9, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

“Even as AI opens extraordinary possibilities, we must confront its darker side. The same tools that power innovation can be weaponised for deception and for fraud. I’m not personalising it, but I can say, I have seen several deepfake videos of myself...
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