by AIP Online Bureau | Oct 1, 2026 | Eco/Invest/Demography, Indian News, Pension & Social Security, Regulation
V Anantha Nageswaran, Chief Economic Adviser “That is a different decision because in general Indians do not optimize for the long term,” Nageswaran said, adding that the shift would require trust in institutions, accessible financial information and...
by AIP Online Bureau | Sep 30, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security, Wealth Management/ Philanthropy
In India, insurance and pensions grew fastest, up 11.4%, ahead of deposits (9.8%) and securities (6.1%). Nevertheless, like in many emerging economies, deposits still have the highest share in private households’ portfolios, at 40.2%, followed by securities with 32.7%...
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...
