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Over 8.5 lakh mule accounts in 700 bank branches used by cyber criminals CBI

by AIP Online Bureau | Jun 26, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology

The CBI has found that these mule accounts — established using falsified identification documents — were primarily used as conduits for siphoning funds from unsuspecting victims. New Delhi: The CBI has detected 8.50 lakh mule bank accounts in over 700...

Over 18.9 lakh cos were active in India at May-end shows official data

by AIP Online Bureau | Jun 26, 2025 | Data, Eco/Invest/Demography, Workplace/Employee Benefits

“Top three states that receive the highest number of new registrations duringMay 2025 were Maharashtra with 17 per cent which amounts to 3,458 corporates, Uttar Pradesh with 11 per cent coming in at 2,379 and Delhi following closely behind at 9 per cent...
Three days of sharp market rally makes investors richer by Rs 9.70 lakh cr

Three days of sharp market rally makes investors richer by Rs 9.70 lakh cr

by AIP Online Bureau | Jun 26, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

“FIIs continued to pare holdings due to the narrowing yield spread between US and Indian 10-year bonds; DIIs emerged as net buyers, buoyed by improving liquidity conditions and a rebound in domestic consumption,” Vinod Nair, Head of Research, Geojit...
India witnesses surge in millionaires, outpacing Asia Pacific; eyes 55% rise by 2029

India witnesses surge in millionaires, outpacing Asia Pacific; eyes 55% rise by 2029

by AIP Online Bureau | Jun 26, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Technology, Wealth Management/ Philanthropy

“India’s wealth management market is undergoing a seismic shift, with the number of dollar millionaires expected to grow by over 55 per cent from 2024 to 2029–far outpacing the global average of 21 per cent. A generational wave of first-time wealth...
Ahmedabad Air India crash: Analysis of data from black boxes underway, says govt

Ahmedabad Air India crash: Analysis of data from black boxes underway, says govt

by AIP Online Bureau | Jun 26, 2025 | Disaster & Management, Indian News

“The team, constituted as per international protocol, is led by DG AAIB, and includes an aviation medicine specialist, an ATC officer, and representatives from the National Transportation Safety Board (NTSB) which is a government investigative agency from the...
Howden ventures into the Saudi Arabia, to drive strategic growth opportunities

Howden ventures into the Saudi Arabia, to drive strategic growth opportunities

by AIP Online Bureau | Jun 26, 2025 | Intermediaries, International News, Non-Life, Reinsurance

David Howden CBE, CEO, Howden said: “We have already built up a strong partnership with the Kingdom thanks to our role as part of the UK government’s Great Futures delegation, our work with Saudi EXIM bank and our sponsorship of the Jockey Club of Saudi Arabia”...
Himachal flash floods: Search operation to find missing people intensified

Himachal flash floods: Search operation to find missing people intensified

by AIP Online Bureau | Jun 26, 2025 | Disaster & Management, Eco/Invest/Demography, Indian News, Risk Management

In Kangra district, around 15-20 workers stationed at a labour colony near the Indira Priyadarshini Hydroelectric project site were feared swept away following a surge in water level in Manuni Khad in Khaniyara village. Two people died due to the flash flood at the...
Axis Max Life’s IPQ 7.0: Persistent protection gap in rural India

Axis Max Life’s IPQ 7.0: Persistent protection gap in rural India

by AIP Online Bureau | Jun 26, 2025 | Articles, Eco/Invest/Demography, Life

-Rural India’s Protection Quotient rises to 16, up from 12 in IPQ 5.0 – but urban-rural gap stands at 32 points,-Life insurance ownership remains significantly lower, despite awareness gains,-Rural women lag rural men in all protection indices – Protection Quotient at...

79% of Indians unsure if their insurance policy offers adequate coverage: Survey

by AIP Online Bureau | Jun 26, 2025 | Data, Eco/Invest/Demography, Health, Non-Life

Saurabh Vijayvergia, founder & CEO, CoverSure, said, “This survey shows that focusing on insurance penetration alone isn’t enough. What people need is insurance that they can understand and use effectively. If policyholders don’t know what’s covered or how to use...
LIC ranks as 4th most valuable Indian brand, ahead of  Reliance Industries and SBI, says Brand Finance India report

LIC ranks as 4th most valuable Indian brand, ahead of Reliance Industries and SBI, says Brand Finance India report

by AIP Online Bureau | Jun 25, 2025 | Eco/Invest/Demography, Indian News, Life

Top 10 Indian brands post strong double-digit growth led by Tata, Infosys, LIC, HDFC Bank and Reliance Industries.LIC’s 2025 brand value stood at $ 13.6 billion up 35.1% from 2024 brand value of $ 10.07 billion, the report noted Mumbai: State owned life insurance...
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