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Only 20-25% of India’s 850 mn internet users shop online, shows untapped potential: McKinsey Report

by AIP Online Bureau | Jul 28, 2025 | Data, Eco/Invest/Demography, Technology

E-commerce companies are also finding new ways to serve consumers. They are expanding into new categories such as instant bookings for domestic services, professional help, and even medical aid. New Delhi: India’s e-commerce sector is set for significant growth...

Transparency, investor protection boost confidence in MF as retirement vehicle: ICRA Analytics

by AIP Online Bureau | Jul 28, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

“Equity mutual funds have captured significant inflows due to optimism about market recovery and growth, which is appealing for long-term retirement portfolios,” said Ashwini Kumar, Senior Vice President and Head Market Data, ICRA Analytics. Mumbai: The assets...
Volante Global appoints Demian Smith as new Group CEO

Volante Global appoints Demian Smith as new Group CEO

by AIP Online Bureau | Jul 28, 2025 | International News, Reinsurance

Demian Smith,CEO, Volante Global Smith joins Volante Global from Guy Carpenter where he was Head of Mutual, Agency and Captive Solutions and Co-Head of Strategic Partnerships for the past five years. Prior to Guy Carpenter, Smith was CEO of StarStone Group. LONDON:...
Former finance secy Ajay Seth takes over as new chairman of IRDAI

Former finance secy Ajay Seth takes over as new chairman of IRDAI

by AIP Online Bureau | Jul 28, 2025 | Health, Life, Non-Life, Regulation

Some of the other issues, which will be matter of focus for Seth, is falling insurance penetration in the country and unaffordability of insurance premium, particularly health insurance, about which of late the government has been vocal about. Hyderabad: Former...
Govt tasks PSU general insurers to ramp up Property portfolio and customer services

Govt tasks PSU general insurers to ramp up Property portfolio and customer services

by AIP Online Bureau | Jul 27, 2025 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

(L to R)-Girija Subramaninan, CMD, New India Assurance(NIA), Krishna S Vatsa, member, National Disaster Management Authority and Parshant K Goyal, joint secretary, Department of Financial Services. at NIA’s 107th foundation day celebration “For...
Centre conducts over 9,700 cybersecurity audits of critical sectors like banking, insurance

Centre conducts over 9,700 cybersecurity audits of critical sectors like banking, insurance

by AIP Online Bureau | Jul 27, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

Jitin Prasada,Minister of State for Electronics and IT “The policies of government of India are aimed at ensuring a safe, trusted, and accountable cyberspace for all users. Multiple initiatives have been undertaken to secure critical infrastructure sectors such as...
No plan to levy GST on UPI transactions exceeding Rs 2,000: Centre

No plan to levy GST on UPI transactions exceeding Rs 2,000: Centre

by AIP Online Bureau | Jul 27, 2025 | Eco/Invest/Demography, Indian News, Policy

Pankaj Chaudhary, Minister of State of Finance Pankaj Chaudhary, Minister of State of Finance, said in the Rajya Sabha that “there is no recommendation of levying GST on UPI transactions of over Rs 2.000 from the GST Council”. New Delhi: The government has...
Insurance brokers should maintain high governance standards and business ethics: IRDAI member

Insurance brokers should maintain high governance standards and business ethics: IRDAI member

by AIP Online Bureau | Jul 26, 2025 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Non-Life, Regulation, Reinsurance, Technology

Girija Subramaniam, CMD, New India Assurance Rakesh Jain, CEO, Reliance General Insurance,Satyajit Tripathy, member, Distribution, IRDAI , Naveen Chandra Jha, MD & CEO, SBI General Insurance, Abhilash Sridharan, Partner, McKinsey & Company at a panel...
ICMR study found Covid vaccination didn’t raise risk of unexplained sudden deaths among young adults, Nadda

ICMR study found Covid vaccination didn’t raise risk of unexplained sudden deaths among young adults, Nadda

by AIP Online Bureau | Jul 26, 2025 | Health, Indian News, Pandemic

J P Nadda,Union Health Minister It has also been revealed that Covid vaccination does not appear to increase the risk, whereas, the role of underlying health issues, genetic predisposition and risky lifestyle choices does play a role in unexplained sudden deaths,...

by AIP Online Bureau | Jul 25, 2025 | Workplace/Employee Benefits

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