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FSIB gets ready to interview pvt sector professionals along with PSU officials for selecting GIC Re CMD

FSIB gets ready to interview pvt sector professionals along with PSU officials for selecting GIC Re CMD

by AIP Online Bureau | Dec 8, 2025 | Indian News, Non-Life, Policy, Reinsurance

Some of the names who are belived to have applied for the post of GIC Re CMD include, Rajeev Singh, Head Reinsurance and corporate marketing, Digit Insurance, promoted by Prem Watsa and Kamesh Goyal. and Mandakini Balodhi, one of directors in Department of Financial...
MF equity investments double in November to Rs 43,465 crore

MF equity investments double in November to Rs 43,465 crore

by AIP Online Bureau | Dec 8, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

The strong domestic investment trend comes at a time when the industry has already been witnessing robust participation from retail investors through systematic investment plans (SIPs). Mumbai: Mutual funds sharply increased their equity purchases in November, riding...
Automobile retail sales sustain momentum in Nov as demand remains robust

Automobile retail sales sustain momentum in Nov as demand remains robust

by AIP Online Bureau | Dec 8, 2025 | Data, Eco/Invest/Demography

“GST rate cuts coupled with OEM-dealer retail offers continued pulling customers to showrooms, enabling sustained footfalls beyond the festive period. Price reductions across categories, which ignited strong buying in October, continued to support conversions in...
EMEA insurance sector in 2026 to have stable operational and business conditions, says Fitch Ratings

EMEA insurance sector in 2026 to have stable operational and business conditions, says Fitch Ratings

by AIP Online Bureau | Dec 8, 2025 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance

Some pricing and competitive pressures will arise, alongside weak economic growth and volatile financial markets, but robust underwriting and new business generation, high reinvestment yields, and strong capitalisation will support insurers. Stockholm/Paris/London:...
Nearly 24 lakh households have adopted rooftop solar as of December 2025 under PM Surya Ghar

Nearly 24 lakh households have adopted rooftop solar as of December 2025 under PM Surya Ghar

by AIP Online Bureau | Dec 7, 2025 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Policy

Over the past decade, India has seen a sharp rise in solar installations, helping double the country’s total electricity capacity. Solar power now stands at 129 GW, while the overall non-fossil capacity has crossed 259 GW as of October 2025. This means more than...
Airbus Fleet Recall: Space weather in focus

Airbus Fleet Recall: Space weather in focus

by AIP Online Bureau | Dec 7, 2025 | Articles, Non-Life, Reinsurance, Risk Management, Technology

The recall by Airbus could well “set a major precedent” by signalling that space weather needs to be given more importance for aircraft safety Space weather in focus after Airbus fleet recall experts raise questions about solar flare theory Aerospace giant...
Jan Dhan accounts now hold Rs 2.75 lakh crore

Jan Dhan accounts now hold Rs 2.75 lakh crore

by AIP Online Bureau | Dec 7, 2025 | Data, Eco/Invest/Demography, Indian News

M. Nagaraju, Secretary, Department of Financial Services. About 78.2 per cent of these accounts are located in rural or semi-urban areas, while women hold around 50 per cent of them New Delhi: India’s financial inclusion drive has reached a major milestone, with Jan...
IndiGo board’s crisis management group regularly monitoring situation: Airline

IndiGo board’s crisis management group regularly monitoring situation: Airline

by AIP Online Bureau | Dec 7, 2025 | Indian News, Risk Management

The statement came a day after the IndiGo CEO Pieter Elbers and COO and Accountable Manager Isidro Porqueras received DGCA notices, seeking explanations within 24 hours on the massive flight disruptions. Authorities will take appropriate action in the matter of the...
25 killed, 6 injured in fire at nightclub in Goa

25 killed, 6 injured in fire at nightclub in Goa

by AIP Online Bureau | Dec 7, 2025 | Indian News, Risk Management, Workplace/Employee Benefits

As per initial information, the nightclub had not abided by the fire safety norms, Chief Minister Pramod Sawant said. Panaji:At least 25 persons were killed and six others suffered injuries in a massive fire that erupted at a nightclub in North Goa after midnight on...
Indian investigators to meet US experts to sahre Air India crash details

Indian investigators to meet US experts to sahre Air India crash details

by AIP Online Bureau | Dec 6, 2025 | Workplace/Employee Benefits

The Indian investigators plan to share their findings, including any information gleaned from the plane’s cockpit voice and flight data recorders, according to a person familiar with the meeting. India’s Aircraft Accident Investigation Bureau has been leading the...
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