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...
by AIP Online Bureau | Sep 19, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security
“We will certainly want to make sure there is a smooth flow of money to infrastructure bonds or infrastructure projects if Nabfid provides a credit enhancement guarantee,” Sivasubramanian Raman, the chairman of the Pension Fund Regulatory and Development Authority,...
by AIP Online Bureau | Jun 30, 2025 | Eco/Invest/Demography, Indian News, Life, Pension & Social Security, Regulation
P. Jaipuria, secretary general, Insurance Institute of India, S.N. Bhattacharya, Secretary General, Life Insurance Council, Sat Pal Bhanoo, CEO & MD (In-charge), Life Insurance Corporation, Inderjeet Singh, Secretary General Insurance Council, Kavita...
by AIP Online Bureau | May 21, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
As specifically mentioned in the orders of the apex court, “grant of the notional increment on January 1/July 1 shall be reckoned only for the purpose of calculating the pension admissible, and not for the purpose of calculation of other pensionary...
