by AIP Online Bureau | Feb 1, 2020 | Uncategorized
New Delhi: As a part of the government's disinvestment initiative.Finance Minister Nirmala Sitharaman said that the government proposes to sell a part of its holding in LIC by initial public offering(ipo). "The government proposes to sell a...
by AIP Online Bureau | Feb 1, 2020 | Eco/Invest/Demography, Indian News, Pension & Social Security
New Delhi: Finance Minister Nirmala Sitharaman has proposed to make amendments for separation of government pension trust from the PFRDA to strengthen the pension fund regulatory body. "Necessary amendments would be carried out in the Pension Fund...
by AIP Online Bureau | Feb 1, 2020 | Eco/Invest/Demography, Health, Indian News
New Delhi: Finance Minister Nirmala Sitharaman, who has presented her second Union Budget in Parliament today, has hiked insurance cover on deposists by Deposit Insurance and Credit Guarantee Corporation (DICGC) to Rs 500,000 lakh from Rs 100,000. ...
by AIP Online Bureau | Feb 1, 2020 | Eco/Invest/Demography, Indian News
New Delhi: Foreign direct investment (FDI) into the country has increased to USD 284 billion during 2014-19, Finance Minister Nirmala Sitharaman said on Saturday while presenting the Union Budget for 2020-21. "India's FDI got elevated to the level of USD 284...
by AIP Online Bureau | Jan 31, 2020 | Eco/Invest/Demography, Health, Indian News, Policy
NEW DELHI: To promote preventive healthcare, 1.5 lakh Ayushman Bharat Health & Wellness Centres are proposed to be set up by 2022, according to the Economic Survey 2019-20. The Survey was tabled in Parliament on Friday by Finance Minister Nirmala...
by AIP Online Bureau | Jan 31, 2020 | Eco/Invest/Demography, Indian News, Policy
NEW DELHI: India’s government forecasts economic growth will pick up to 6.0% to 6.5% in the fiscal year beginning April 1, but warned it may have to miss its deficit target to revive growth. India is facing its worst economic slowdown in a decade....
by AIP Online Bureau | Jan 31, 2020 | Eco/Invest/Demography, Interviews, Policy, Technology
How is City of London preparing for Brexit as it is now very certain? Departure from the EU on 31st January is just the end of phase 1 of the Brexit process. The future trading relationship still needs to be resolved, and negotiations will be intricate...
by AIP Online Bureau | Jan 31, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Regulation
New Delhi: Swadeshi Jagran Manch (SJM), an RSS(Rashtriya Swayamsewak Sangh)affiliate, has written to the Prime Minister Narendra Modi, seeking the review of the government’s decision to merge the public sector general insurance companies Oriental...
by AIP Online Bureau | Jan 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
The death toll in China from the coronavirus rose to 213, as the World Health Organization declared a health emergency for a disease that now has more global cases than were officially reported during the SARS epidemic. The WHO’s decision comes the...
by AIP Online Bureau | Jan 30, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance
Insurers in Europe may need to put aside money to protect their policyholders should they become insolvent, and regulators should be able to be shut them down swiftly without the need for taxpayer bailouts, a top EU official said on Wednesday. However...
