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India to introduce RBI-backed digital currency: Piyush Goyal

India to introduce RBI-backed digital currency: Piyush Goyal

by AIP Online Bureau | Oct 7, 2025 | Eco/Invest/Demography, Policy, Regulation, Risk Management, Technology

“We have not been encouraging cryptocurrency, which does not have sovereign backing or which is not backed by assets, say it on the federal bank or local currency. India has also announced that we will be coming out with a digital currency, which will be backed...
Aon names Anshuman Srivastava as Reinsurance Global Chief Broking Officer

Aon names Anshuman Srivastava as Reinsurance Global Chief Broking Officer

by AIP Online Bureau | Oct 7, 2025 | Intermediaries, International News, Non-Life

“As we navigate an evolving reinsurance landscape, our clients are increasingly focused on sustainable reinsurer relationships, choosing strategic partners rather than simply capacity providers,” George Attard, global Head of Strategy for Reinsurance Aon plc...
Net-Zero Banking Alliance winds up operations

Net-Zero Banking Alliance winds up operations

by AIP Online Bureau | Oct 7, 2025 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Regulation, Risk Management

The alliance, set up in 2021, was the banking industry’s main body leading the sector’s global effort to cut carbon emissions. An overhaul was proposed in August after many big banks left, to create a “framework initiative” rather than a membership-based organization....
SEBI chief warns investors on fraudsters offering guaranteed returns

SEBI chief warns investors on fraudsters offering guaranteed returns

by AIP Online Bureau | Oct 7, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy

Tuhin Kanta Pandey, Chairman,SEBI “Our survey reveals that an impressive 63 per cent of Indian households, translating to 213 million households, are aware of at least one securities market product. However, our focus must be on the journey from awareness to...
Govt considers introducing nationwide climate-linked insurance scheme

Govt considers introducing nationwide climate-linked insurance scheme

by AIP Online Bureau | Oct 7, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Reinsurance

The National Disaster Management Authority, the finance ministry and GIC Re and other top reinsurers and insurers are exploring coverage options and funding mechanisms, the official added. MUMBAI: India’s government has begun early-stage talks with local...
Sitharaman urges citizens to raise awareness about Rs1.84 trillion unclaimed assets in financial sector

Sitharaman urges citizens to raise awareness about Rs1.84 trillion unclaimed assets in financial sector

by AIP Online Bureau | Oct 5, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy

Nirmala Sitharaman,Union Finance Minister M. Nagaraju, Secretary, Department of Financial Services (DFS) added that unclaimed insurance proceeds stand at over Rs 13,800 crore, unclaimed balances in mutual funds amount to about Rs 3,000 crore, and unpaid dividends...
Health industry bodies welcome CGHS’ move to revise rates after 15 years

Health industry bodies welcome CGHS’ move to revise rates after 15 years

by AIP Online Bureau | Oct 5, 2025 | Eco/Invest/Demography, Health, Indian News, Policy

The last package was fixed in 2014, with only a minor update in 2024. This left hospitals and patients struggling for more than a decade with a gap between actual treatment costs and prescribed package rates. New Delhi: Health industry bodies have welcomed the central...
MP and TN ban sale of Coldrif syrup after nine children die of suspected renal failure in month

MP and TN ban sale of Coldrif syrup after nine children die of suspected renal failure in month

by AIP Online Bureau | Oct 4, 2025 | Health, Indian News, Policy, Risk Management

Taking cognisance of the infant deaths, the Union Health Ministry on Friday issued an advisory to all States and Union Territories, directing that cough and cold medications should not be prescribed to children under the age of 2 years Chennai/Bhopal: The Tamil Nadu...
Festive demand pushes auto sales in September, stronger momentum expected in October: Report

Festive demand pushes auto sales in September, stronger momentum expected in October: Report

by AIP Online Bureau | Oct 4, 2025 | Data, Eco/Invest/Demography, Non-Life

Maruti Suzuki experienced strong retail demand, with approximately 200,000 deliveries and 250,000 pending bookings New Delhi: Passenger vehicle and two-wheeler sales showed signs of revival in September 2025 as the festive season began on September 22. According to...
India advancing towards inclusive and universal social protection: Mansukh Mandaviya

India advancing towards inclusive and universal social protection: Mansukh Mandaviya

by AIP Online Bureau | Oct 4, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Technology

“We are strengthening our social security through comprehensive policy, process, and digital reforms. India is leveraging technology to create new income opportunities and a social security net through a holistic approach that combines financial access, skilling,...
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