by AIP Online Bureau | Jul 16, 2025 | Eco/Invest/Demography, Indian News, Policy
According to the government, the new Bill aims to simplify language, eliminate redundancy, and streamline procedures and processes to enhance the taxpayer experience New Delhi: A Parliamentary panel examining the Income Tax Bill-2025 on Wednesday made 285 suggestions...
by AIP Online Bureau | Jul 16, 2025 | Data, Eco/Invest/Demography, Non-Life
The report also highlights that the passenger vehicle segment crossed a milestone of 1 million mark in Q1 of 2025-26, specifically 1.01 million units. This is the 2nd time in a row in Q1 in the last 2 years that the sales for passenger vehicles crossed the 1 million...
by AIP Online Bureau | Jul 16, 2025 | Health, Indian News, Policy
The Union health ministry has also recently proposed displaying sugar and oil boards as an initiative to promote healthier dietary habits in various settings. New Delhi: The Supreme Court of India has directed Food Safety and Standards Authority of India (FSSAI) to...
by AIP Online Bureau | Jul 16, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life
Nearly 1.4 lakh new Jan Dhan accounts have been opened and more than 5.4 lakh new enrolments have been recorded under three Jan Suraksha Schemes in the past fortnight, the statement said New Delhi: About 1.4 lakh new Jan Dhan accounts have been opened in the past...
by AIP Online Bureau | Jul 16, 2025 | Indian News, Non-Life, Reinsurance
“Large-scale irregularities came to light (in the previous scheme). Some insurance companies indulged in irregularities. So a decision had to be taken. So far, crop insurance companies have earned profits of Rs 10,000 crore,” Maharashtra Agriculture...
by AIP Online Bureau | Jul 15, 2025 | Workplace/Employee Benefits
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by AIP Online Bureau | Jul 15, 2025 | Health, Indian News, Non-Life, Reinsurance
The insurer’s Combined Ratio, a key metric that compares claims and expenses to premium income, worsened to 102.9% in Q1FY26 from 102.3% a year ago though, there is fall in the underwriting losses of the company from Rs 346 crore in Q1 FY 25 to Rs 293 crore in...
by AIP Online Bureau | Jul 15, 2025 | Eco/Invest/Demography, Indian News, Life
ICICI Prudential Life Insurance MD and CEO Anup Bagchi said, “We reported a total premium growth of 8.1 per cent year-on-year in Q1 FY2026 on the back of our extensive distribution and comprehensive product suite”. New Delhi: ICICI Prudential Life...
by AIP Online Bureau | Jul 15, 2025 | Indian News, Non-Life, Regulation, Reinsurance, Risk Management, Technology
“As part of enforcement function, to decide on the violations observed as regards the provisions of Insurance Act and Regulations issued there under, with respect to certain Insurers/Insurance Intermediaries, panels of Whole-Time Members were formed,”...
by AIP Online Bureau | Jul 15, 2025 | Indian News, Non-Life, Reinsurance, Risk Management, Technology
ACKO General Insurance,Zurich Kotak General Insurance and Liberty General Insurance have already announced their special EV covers on Tuesday for Tesla cars. Mumbai: As Elon Musk’s Tesla has set up its first show room in Mumbai for selling its electronic...