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EPFO invests Rs 34,208 cr in ETFs during Apr-Oct

by AIP Online Bureau | Dec 3, 2024 | Data, Eco/Invest/Demography, Pension & Social Security, Policy, Regulation

The total corpus of various funds managed by EPFO was Rs 24.75 lakh crore as on March 31, 2024, including debt investments of Rs 22,40,922.30 crore and Rs 2,34,921.49 crore in ETFs New Delhi: Retirement fund body EPFO has invested Rs 34,207.93 crore in exchange traded...
Social media platforms urge Australia to delay ban on children under 16

Social media platforms urge Australia to delay ban on children under 16

by AIP Online Bureau | Nov 25, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

The legislation would impose fines of up to 50 million Australian dollars ($33 million) on platforms for systemic failures to prevent young children from holding accounts. It seems likely to be passed by Parliament by Thursday with the support of the major parties.It...
No new Bill on insurance reforms in Winter Session of Parliament

No new Bill on insurance reforms in Winter Session of Parliament

by AIP Online Bureau | Nov 21, 2024 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life

Indian insurance industry is expecting legislative measures allowing 100 % FDI and launching new systems like composite license’, differential capital’, reduction in solvency norms’, captive license, change in investment regulations, one-time...
FM Sitharaman to present Union Budget on July 23

FM Sitharaman to present Union Budget on July 23

by AIP Online Bureau | Jul 6, 2024 | Eco/Invest/Demography, Indian News, Policy

Nirmala Sitharaman,Union Finance Minister Analysts expect many positive moves in the forthcoming Budget for the Indian insurance industry. The moves can include raising FDI in the insurance industry from 74 per cent to 100 per cent and bringing in the pending...

EU parliament to extend new medicine data protection to 7.5 years, document says

by AIP Online Bureau | Mar 14, 2024 | Eco/Invest/Demography, Health, International News, Policy, Regulation, Technology

The legislation, proposed by the European Commission in April last year, aims to slash the time it takes to approve new medicines, incentivise production of medicines for antibiotic-resistant bacteria, improve patient access and “future-proof” the rules to...
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