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Pakistan resumes rescue operations in flood-hit areas; death toll over 300

Pakistan resumes rescue operations in flood-hit areas; death toll over 300

by AIP Online Bureau | Aug 18, 2025 | Workplace/Employee Benefits

The intense rain has claimed lives and spread destruction in several northern districts, with most people killed in flash floods, according to the National Disaster Management Authority BUNER, Pakistan: Heavy rain in northwest Pakistan halted rescue and relief...

AM Best’s Top 50 Global Reinsurers: Swiss Re unseats Munich Re as new No 1 among IFRS-17 players in 2024

by AIP Online Bureau | Aug 18, 2025 | International News, Reinsurance

Non-IFRS 17 RankIFRS 17 RankCompany NameLife & Non-Life Reinsurance Premiums (GPW)Life & Non-Life Reinsurance Revenue (Gross)Total Share-holders Funds2Combined Ratio3 1Swiss Re Ltd.361812324089.9 2Munich Reinsurance Company325553411277.3 3Hannover Rück...
GST rejig: Sitharaman to address Aug 20 GoM meet to put forth Centre’s rate cut proposal

GST rejig: Sitharaman to address Aug 20 GoM meet to put forth Centre’s rate cut proposal

by AIP Online Bureau | Aug 18, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation

Nirmala Sitharaman , Union Finance Minister The GoM on Life and Health Insurance is likely to be headed by Bihar Deputy Chief Minister, Samrat Choudhary and will explore full GST exemption on health and life insurance premiums for policies up to Rs 5 lakh,...

GST Revamp: Tax on premium for Rs 5 lakh Health and Term life insurance may be slashed to 5% or even zero from 18%, sources say

by AIP Online Bureau | Aug 18, 2025 | Health, Indian News, Non-Life

Shares of insurance companies such as ICICI Prudential , SBI Life, and LIC jumped 2%-4%.The rise in auto, insurance and consumer firms stocks helped the wider market rise over 1% Analysts have said as per the current rules, the GST rate of 5% or zero does not qualify...
As many as 409 companies operating from IFSC GIFT City

As many as 409 companies operating from IFSC GIFT City

by AIP Online Bureau | Aug 18, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation

Nirmala Sitharaman, Union Finance Minister Over the last 5 years, the government has provided several progressive policy measures for development of GIFT IFSC, such as – setting up of International Financial Services Centres Authority (IFSCA) as a unified...
AI, deepfakes real challenges before election commission: CEC Gyanesh Kumar

AI, deepfakes real challenges before election commission: CEC Gyanesh Kumar

by AIP Online Bureau | Aug 17, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

“Artificial Intelligence (AI) and deepfakes are indeed real challenges for us. Just yesterday, an X handle had shared an AI-generated video that was far from truth.” Gyanesh Kumar,Chief Election Commissioner New Delhi: Chief Election Commissioner Gyanesh...
Women entrepreneurs face disadvantage in availing  financial services compared to men: Study

Women entrepreneurs face disadvantage in availing financial services compared to men: Study

by AIP Online Bureau | Aug 17, 2025 | Data, Eco/Invest/Demography

“Access to formal finance is essential for the development and growth of women entrepreneurship in India. While, women firm owners face disadvantages in securing formal loans compared to men firm owners, the use of digital technology provides a ray of hope in...

Bill to decriminalise certain minor offences to be introduced in Lok Sabha on Monday

by AIP Online Bureau | Aug 17, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

Over 350 provisions are proposed to be amended through this bill for decriminalising and rationalising offences to further enhance trust-based governance for ease of living and doing business New Delhi: The Jan Vishwas (Amendment) Bill 2025 to decriminalise certain...
Generative AI set to improve banking operations in India by 46%: RBI Report

Generative AI set to improve banking operations in India by 46%: RBI Report

by AIP Online Bureau | Aug 17, 2025 | Banking & Bancassurance, Data, Eco/Invest/Demography, Regulation, Risk Management, Technology

Generative Artificial Intelligence (AI) has the potential to improve banking operations in India by up to 46 per cent, according to a report by the Reserve Bank of India (RBI). The central bank noted that AI can help financial institutions better understand customer...

Workplace bullying hinders employees’ creative thinking engagement in side projects: IIM Study

by AIP Online Bureau | Aug 17, 2025 | Data, Risk Management, Workplace/Employee Benefits

“Our study sheds light on how subtle forms of workplace mistreatment can silently erode employees’ creative potential. Organisations must create an environment where support, respect, and open dialogue are the norm to unlock true innovation,” Rishab...
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