by AIP Online Bureau | Feb 2, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
NEW DELHI: The Indian government on Monday said it plans to raise limits on how much foreign companies can invest in the country’s insurance industry, a move that could attract inflows from U.S. and European insurers. Finance Minister Nirmala Sitharaman...
by AIP Online Bureau | Feb 2, 2021 | Banking & Bancassurance, Indian News, Regulation, Risk Management, Technology
Mumbai: HDFC Bank on Tuesday said the Reserve Bank of India (RBI)has appointed an external IT firm for carrying out a special audit of its IT infrastructure in the aftermath of repeated service outages at the country's largest private sector lender over the...
by AIP Online Bureau | Feb 1, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Workplace/Employee Benefits
New Delhi: Finance Minister Nirmala Sitharaman on Monday provided Rs 35,000 crore towards COVID-19 vaccination in 2021-22 fiscal. "I have provided Rs 35,000 crore for COVID-19 vaccine in this year 2021-22. I'm committed to provide further funds if required....
by AIP Online Bureau | Feb 1, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Workplace/Employee Benefits
New Delhi: The government on Monday said social security benefits would be extended to platform and gig workers. Presenting the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman said the government also proposed setting up of a portal to collect...
by AIP Online Bureau | Feb 1, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
Hyderabad: The health sector on Monday hailed the Union Budget 2021-22 for increased allocation to the sector and new schemes. Some leading private healthcare providers here welcomed the announcements made by Finance Minister Nirmala Sitharaman to give a push...
by AIP Online Bureau | Feb 1, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Policy
NEW DELHI: India’s finance minister on Monday proposed tax benefits for foreign aircraft lessors, as one of the world’s fastest-growing domestic aviation markets looks to establish a local leasing industry. Nirmala Sitharaman in her budget speech...
by AIP Online Bureau | Feb 1, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Policy
New Delhi, Feb 01: After Nirmala Sitharaman announced, in her Budget-2021-22, the government's intention to privatise one of the four state owned general insurance companies along with two PSU banks, Ajay Bhusan Pandey, finance secretary,...
by AIP Online Bureau | Feb 1, 2021 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy
New Delhi,Feb 01: In a major development,Finance minister Nirmala Sitharaman, in her Budget 2021-22, has announced hiking the FDI(foreign direct investment) limit in the Insurance sector from the current 49 per cent to 74 per cent with the management...
by AIP Online Bureau | Jan 31, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Technology
New Delhi: India was able to fight the COVID-19 pandemic much better than other countries because of its 'whole of government' and 'whole of society' approach, Health Minister Harsh Vardhan has said. Addressing the British Association of...
by AIP Online Bureau | Jan 31, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic
New Delhi: Finance Minister Nirmala Sitharaman on Monday will deliver her promised budget like no other that is expected to provide relief to the pandemic-hit common man as well as focus more on driving the economic recovery through higher spending on...
