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GST Revamp: Tax on premium for Rs 5 lakh Health and Term life insurance may be slashed to 5% or even zero from 18%, sources say

by AIP Online Bureau | Aug 18, 2025 | Health, Indian News, Non-Life

Shares of insurance companies such as ICICI Prudential , SBI Life, and LIC jumped 2%-4%.The rise in auto, insurance and consumer firms stocks helped the wider market rise over 1% Analysts have said as per the current rules, the GST rate of 5% or zero does not qualify...
As many as 409 companies operating from IFSC GIFT City

As many as 409 companies operating from IFSC GIFT City

by AIP Online Bureau | Aug 18, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation

Nirmala Sitharaman, Union Finance Minister Over the last 5 years, the government has provided several progressive policy measures for development of GIFT IFSC, such as – setting up of International Financial Services Centres Authority (IFSCA) as a unified...
AI, deepfakes real challenges before election commission: CEC Gyanesh Kumar

AI, deepfakes real challenges before election commission: CEC Gyanesh Kumar

by AIP Online Bureau | Aug 17, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

“Artificial Intelligence (AI) and deepfakes are indeed real challenges for us. Just yesterday, an X handle had shared an AI-generated video that was far from truth.” Gyanesh Kumar,Chief Election Commissioner New Delhi: Chief Election Commissioner Gyanesh...
Women entrepreneurs face disadvantage in availing  financial services compared to men: Study

Women entrepreneurs face disadvantage in availing financial services compared to men: Study

by AIP Online Bureau | Aug 17, 2025 | Data, Eco/Invest/Demography

“Access to formal finance is essential for the development and growth of women entrepreneurship in India. While, women firm owners face disadvantages in securing formal loans compared to men firm owners, the use of digital technology provides a ray of hope in...

Bill to decriminalise certain minor offences to be introduced in Lok Sabha on Monday

by AIP Online Bureau | Aug 17, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

Over 350 provisions are proposed to be amended through this bill for decriminalising and rationalising offences to further enhance trust-based governance for ease of living and doing business New Delhi: The Jan Vishwas (Amendment) Bill 2025 to decriminalise certain...
Generative AI set to improve banking operations in India by 46%: RBI Report

Generative AI set to improve banking operations in India by 46%: RBI Report

by AIP Online Bureau | Aug 17, 2025 | Banking & Bancassurance, Data, Eco/Invest/Demography, Regulation, Risk Management, Technology

Generative Artificial Intelligence (AI) has the potential to improve banking operations in India by up to 46 per cent, according to a report by the Reserve Bank of India (RBI). The central bank noted that AI can help financial institutions better understand customer...

Workplace bullying hinders employees’ creative thinking engagement in side projects: IIM Study

by AIP Online Bureau | Aug 17, 2025 | Data, Risk Management, Workplace/Employee Benefits

“Our study sheds light on how subtle forms of workplace mistreatment can silently erode employees’ creative potential. Organisations must create an environment where support, respect, and open dialogue are the norm to unlock true innovation,” Rishab...
Proposed GST rate tweaks on automobiles to end classification disputes

Proposed GST rate tweaks on automobiles to end classification disputes

by AIP Online Bureau | Aug 17, 2025 | Eco/Invest/Demography, Indian News, Policy

Presently, the total tax incidence on cars, depending on engine capacity and length, ranges from 29 per cent for small petrol cars to 50 per cent for SUVs. Sources said, as per the Centre’s proposal for moving the GST system to a two-tier rate structure of 5 and 18...

FPIs dump Indian equities worth Rs 21,000 cr in first half of Aug

by AIP Online Bureau | Aug 17, 2025 | Data, Eco/Invest/Demography, Risk Management

With this, the total outflow by Foreign Portfolio Investors (FPIs) in equities reached the Rs 1.16 lakh crore mark so far in 2025, according to data with the depositories. New Delhi: Foreign investors offloaded Indian equities worth nearly Rs 21,000 crore in the first...
Used cooking oil to produce sustainable aviation fuel: Indian Oil

Used cooking oil to produce sustainable aviation fuel: Indian Oil

by AIP Online Bureau | Aug 17, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography

Agencies will collect used cooking oil from large users, such as hotel chains, restaurants, and snacks and sweets producing companies like Haldiram, and supply it to Indian Oil’s Panipat refinery. Panipat refinery will use this oil to produce sustainable...
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