by AIP Online Bureau | Aug 4, 2025 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy
India’s largest institutional investor, Life Insurance Corporation of India (LIC), saw a marginal decline in its equity holdings. Across 284 companies where it holds over 1 per cent, LIC’s stake dropped to 3.68 per cent as of June 30, 2025, from 3.72 per cent at the...
by AIP Online Bureau | Aug 4, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
The Finance Act, 2025, has increased the income threshold for claiming a tax rebate under section 87A of the Income Tax Act, 1961 for resident individual taxable under the new tax regime under section 115 BAC of the Act from Rs 7 lakh to Rs 12 lakh, and the maximum...
by AIP Online Bureau | Aug 3, 2025 | Indian News
The IFSCA, a unified regulator for developing India’s first International Financial Services Centre(IFSC) has already issued licenses to half a dozen of global players including Berkley Insurance Asia, Allianz Partners, Peak Re, Singapore Re and Doha...
by AIP Online Bureau | Aug 3, 2025 | Eco/Invest/Demography, Health, Indian News
The formulations, which will now cost less, span a wide range of medicines including anti-inflammatory, cardiovascular, antibiotic, anti-diabetic and psychiatric medicines New Delhi: In a move to make medicines more affordable for patients, the National Pharmaceutical...
by AIP Online Bureau | Aug 3, 2025 | Indian News, Non-Life, Policy, Reinsurance
India’s refiners have been singled out by the European Union and the US for supporting Moscow during its war in Ukraine with the oil purchases. It has become the world’s biggest buyer of Russian seaborne exports of crude, soaking up discounted barrels and ramping up...
by AIP Online Bureau | Aug 3, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance, Risk Management, Technology
IFSCA can set up guidelines for the insurance-linked securities (ILS) and support initial issuance by way of cost subsidy/ grant on the lines of Singapore and Hong Kong. These incentives are important for creating a conducive ecosystem for ILS in the initial years, G...
by AIP Online Bureau | Aug 3, 2025 | Data, Eco/Invest/Demography, Risk Management, Technology
“The developed algorithm ensures fairness by filtering based on credible review thresholds and competitive pricing. Aligning with the emerging antitrust regulations globally, the algorithm has demonstrated collusion-resistance and transparency via simulation and...
by AIP Online Bureau | Aug 3, 2025 | Data
The recent selling pressure is largely due to the fresh reciprocal tariffs imposed by the United States, which has impacted India among several other countries. New Delhi: Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, with...
by AIP Online Bureau | Aug 2, 2025 | Articles, Non-Life, Policy, Regulation, Risk Management
“An untransferred insurance policy puts both the buyer and seller at risk. When making a claim, mismatched ownership details can effectively render the insurance void, as if there were no coverage at all.” – Mallikarjun Mallannavar, Chief Claims Officer at Royal...
by AIP Online Bureau | Aug 2, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
In its complaint, ADIF alleged that Google, through its multiple group entities, has engaged in anti-competitive conduct by self-preferencing its own services in the AdTech ecosystem, including tying and bundling of its publisher ad server (DFP) with its ad exchange...