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LIC sees Rs 1,100 crore premium inflows on first day of GST relief

LIC sees Rs 1,100 crore premium inflows on first day of GST relief

by AIP Online Bureau | Sep 28, 2025 | Indian News, Life, Policy

Industry experts said that the removal of GST has made traditional life insurance policies more affordable and attractive for individual buyers, which is expected to push up sales in the coming months Mumbai: Life Insurance Corporation of India (LIC) attracted strong...
Govt set to finalise 14% wage hike for PSU general insurance companies

Govt set to finalise 14% wage hike for PSU general insurance companies

by AIP Online Bureau | Sep 26, 2025 | Indian News, Non-Life, Policy

Something that will cheer the employees is that all their arrears since August, 2022, when the salary revision is due, will be credited to all eligible employees in October 2025 New Delhi: The government has managed to prevail upon 35,000 workforce of PSU general...

Govt rolls out upgraded logistics data bank system for export container truck tracking

by AIP Online Bureau | Sep 26, 2025 | Eco/Invest/Demography, Indian News, Technology

“The system will enable real-time tracking and assessment of logistics performance, supporting better planning, higher efficiency, and cost reduction. The initiative will serve as an important tool for both industry and government to strengthen competitiveness,...
Tata Motors-owned Jaguar Land Rover begins phased IT restart after cyber-attack

Tata Motors-owned Jaguar Land Rover begins phased IT restart after cyber-attack

by AIP Online Bureau | Sep 26, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology

JLR said its teams continue to work around the clock alongside cybersecurity specialists, the UK government’s National Cyber Security Centre (NCSC) and law enforcement to ensure the restart of full operations takes place in a “safe and secure manner” following a...

Cancer deaths to rise by 75% in next 25 years; ageing among driving factors: Study

by AIP Online Bureau | Sep 26, 2025 | Data, Eco/Invest/Demography, Health

The team added that more than 40 per cent of deaths due to cancer around the world are linked to 44 risk factors which can be addressed, including tobacco use, an unhealthy diet, and high blood sugar, thereby presenting an opportunity for prevention Yearly deaths from...

PE hospitals in US Higher see higher death rate of emergency: Study

by AIP Online Bureau | Sep 26, 2025 | Data, Eco/Invest/Demography, Health

The analysis also revealed that following acquisition, the private equity hospitals reduced their expenditures on salaries in the emergency department by 18 per cent and in the ICU by 16 per cent, compared to hospitals not acquired by private equity firms. New Delhi:...
Tata AIG suspends cashless services at Max Hospitals across India

Tata AIG suspends cashless services at Max Hospitals across India

by AIP Online Bureau | Sep 26, 2025 | Health, Indian News, Non-Life

“Tata AIG has put in place special arrangements to ensure that customers face no inconvenience. All claims are being prioritised and fast-tracked, allowing policyholders to continue receiving uninterrupted and seamless access to treatment and care. Our dedicated...
FAIR 2025: GIC Re to host 29th FAIR in Mumbai, Over 700 global delegates to celebrate 60 yrs of Afro-Asian bonding

FAIR 2025: GIC Re to host 29th FAIR in Mumbai, Over 700 global delegates to celebrate 60 yrs of Afro-Asian bonding

by AIP Online Bureau | Sep 25, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Ramaswamy Narayan, CMD, GIC Re, observed,“Hosting the 29 th FAIR Conference in October 2025 is a profound honour that reflects our commitment to global partnership” Momen Mukhtar, Secretary General, FAIR, said : “For sixty years, the Federation of Afro-Asian...
Riots impose financial strain on Nepal re/insurers

Riots impose financial strain on Nepal re/insurers

by AIP Online Bureau | Sep 25, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Oriental Insurance Company, a branch of India’s Oriental Insurance, has received the largest amount of claims till September 16, according to the data released by the Nepal Insurance Authority. It alone has received claims of NPR 5.14 billion across 40 cases....

India becomes world’s 3rd largest tech startup ecosystem with $7.7 bn of funding in 2025: Report

by AIP Online Bureau | Sep 25, 2025 | Data, Eco/Invest/Demography, Technology

This sector received $10.1 billion worth of funds in the corresponding period in 2024 and $8.3 billion in 2023 New Delhi: India climbed to third position globally in terms of funding for tech startups, trailing only the United States and the United Kingdom but ahead...
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