by AIP Online Bureau | Sep 19, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Pension & Social Security
United Forum of Bank Unions(UFBU) claims to represent 90 per cent of the banking workforce, and their other demands include updation and improvement of pension, a uniform dearness allowance formula for all pensioners and an option for employees covered under the...
by AIP Online Bureau | Sep 15, 2026 | Indian News, Intermediaries, Pension & Social Security
Department of Rural Development (DoRD) and the Pension Fund Regulatory and Development Authority (PFRDA) today signed a Memorandum of Understanding (MoU) to create and support a community-based outreach mechanism of ‘Pension Sakhis’ across rural India. New Delhi:In a...
by AIP Online Bureau | Jan 29, 2026 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Policy, Regulation, Technology
Nirmala Sitharaman Union Minister for Finance and Corporate Affairs The insurance sector stands at a pivotal juncture, as it remains constrained by a ‘low-penetration, high-cost’ equilibrium driven by a high-cost distribution model that has inflated the cost of...
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 | Sep 21, 2025 | Eco/Invest/Demography, Indian News, Policy
These three components totalling Rs 29,99,760 crore together constituted more than 83 per cent of total revenue expenditure, according to the report which provides an overview of finances of 28 states for the financial year 2022-23, together with fiscal data and...
