by AIP Online Bureau | May 17, 2026 | Banking & Bancassurance, Indian News, Non-Life
The bank was also ordered to pay Rs 10,000 for mental agony and litigation costs.As per the complainant, her husband had an account with the bank’s Tri Junction Cantonment area in Nagpur. She stated that insurance protection up to Rs 5 lakh was being provided to...
by AIP Online Bureau | May 17, 2026 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
With this, total outflows by Foreign Portfolio Investors (FPIs) from the equity market have reached Rs 2.2 trillion in 2026, higher than the Rs 1.66 trillion pulled out during the entire 2025, according to data with the NSDL. New Delhi:Foreign investors continued to...
by AIP Online Bureau | May 17, 2026 | Eco/Invest/Demography, Health, International News
The WHO said the outbreak, caused by the Bundibugyo virus, does not meet the criteria of a pandemic emergency but that countries sharing land borders with the DRC are at high risk for further spread.The outbreak is “extraordinary” as there are no approved...
by AIP Online Bureau | May 16, 2026 | Eco/Invest/Demography, Indian News, Policy
N Chandrababu Naidu,Chief Minister,Andhra Pradesh He warned that the state’s population growth rate is declining and stressed the importance of maintaining the replacement-level Total Fertility Rate (TFR) of 2.1. Narasannapeta: Andhra Pradesh Chief Minister N...
by AIP Online Bureau | May 16, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Policy
PK Mishra,Principal Secretary to Prime Minister Addressing the 20th convocation of the National Institute of Bank Management (NIBM) in Pune, Mishra said,”In India, this convergence of finance and technology has enabled the creation of one of the world’s...
by AIP Online Bureau | May 16, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Risk Management
The IRDAI’s board in its recent meeting had deliberated the issue and approved drafting and publishing the draft regulations on the proposed Indian Risk Based Capital Framework for stakeholder consultation.The issues which need to be addressed before launching...
by AIP Online Bureau | May 16, 2026 | Eco/Invest/Demography, Indian News
Last month, the India Meteorological Department forecast below-average monsoon rains in 2026 for the first time in three years, raising concerns over farm output and economic growth in Asia’s third-largest economy, which, like other countries, already...
by AIP Online Bureau | May 16, 2026 | Indian News, Reinsurance
GIC Re appoints Rajesh Lahiri as new CFO in place of V. Balkrishna New Delhi: State owned GIC Re has infused USD 49 million (approximately Rs 469 crore) into the Corporation’s Labuan (Malaysia) Branch for maintaining solvency as required by the Labuan Financial...
by AIP Online Bureau | May 15, 2026 | Eco/Invest/Demography, Health, International News
“If you’re going on a cruise, you need to recognize the risk is higher. Dense socializing spaces, as well as shared food and water systems, can accelerate the spread of diseases, while limited medical equipment and staffing make curbing infections harder, said Abraar...
by AIP Online Bureau | May 15, 2026 | Health, Indian News, Life, Non-Life, Regulation
Ajay Seth, chairman, IRDAI Seth highlighted that in non-life Insurance sector, persistent rise in complaints signals systemic service issues.Health and motor claims are key drivers, highlighting growing policyholder friction and the need for targeted corrective...
