by AIP Online Bureau | Jul 4, 2025 | Data, Life, Wealth Management/ Philanthropy
In the current environment when interest rates are very volatile, these two Plans provide Guaranteed Additions throughout the policy term. Mumbai: Sat Pal Bhanoo, CEO & MD (In-Charge), Life Insurance Corporation, launched two new plans, LIC’s Nav Jeevan Shree and...
by AIP Online Bureau | Jul 4, 2025 | Data, Eco/Invest/Demography
“While the Indian FinTech sector has seen a temporary dip in funding, the steady momentum in early-stage investments and growing acquisition activity indicate that investor interest remains strong, particularly in scalable, innovation-led models,” said Neha Singh,...
by AIP Online Bureau | Jul 4, 2025 | Indian News, Pension & Social Security, Policy
The inclusion of UPS under the tax framework marks another step forward in the government’s effort to strengthen retirement security for central government employees through transparent, flexible and tax-efficient options, the finance ministry said in a...
by AIP Online Bureau | Jul 4, 2025 | Data, Eco/Invest/Demography, Pension & Social Security
This places the UAE behind only the United States, which tops the list with USD 12.12 trillion, and China, with USD 3.36 trillion, making it the largest holder of sovereign-owned investor (SOI) assets in the Middle East. The United Arab Emirates now ranks third...
by AIP Online Bureau | Jul 4, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
Rejecting the state government’s contention that only regular women civil servants qualify for maternity leave, the court observed: “Women employees for the purpose ofavailing such benefit do constitute one homogenous class and their artificial bifurcation...
by AIP Online Bureau | Jul 4, 2025 | Data, Eco/Invest/Demography, Pension & Social Security
Today, ICICI Prudential Pension Funds serves over 1.2 lakh NPS accounts through Points of Presence (POP), and 9.71 lakh subscribers as a Pension Fund Manager (PFM), spanning corporate and retail segments. Mumbai: In a landmark achievement, ICICI Prudential Pension...
by AIP Online Bureau | Jul 4, 2025 | Indian News, Non-Life, Policy
The Bombay High Court has directed the adjudicating authority to re-hear the matter in light of the decision of the GST Council and the circulars,’’ the insurer said in a regulatory filing. Mumbai: In a relief to ICICI Lombard General Insurance, a positive development...
by AIP Online Bureau | Jul 3, 2025 | Indian News, Life, Non-Life, Technology
Rakesh Joshi, chairman, Bima Sugam India Federation Joshi as a member of IRDA from March 2022 to December 2023, under the chairmanship of Debasish Panda was very closely involved with the development and implementation of Bima Sugam and Bima Vistaar...
by AIP Online Bureau | Jul 3, 2025 | Briefs, Life
Life Insurance Corporation has launched a new product Nav Jeevan Shree, a non-par, non-linked, individual, savings plan. It a has a minimum term of five years and a maximum term of 20 years. It will be available from...
by AIP Online Bureau | Jul 3, 2025 | Intermediaries, Non-Life, Risk Management, Technology
“BOXX’s digital-first, service-led approach will help us further enhance customer engagement and provide integrated solutions that make people’s everyday life easier,” Cara Morton, CEO Zurich Global Ventures said in the statement. Zurich Insurance Group AG agreed to...
