by AIP Online Bureau | May 23, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Regulation, Risk Management, Technology
“In order to further ease the process for the convenience of customers, the instructions regarding updation/periodic updation of KYC are being amended with the intent , inter alia, to allow BCs to facilitate in the process of KYC and KYC updation,” he...
by AIP Online Bureau | May 22, 2025 | Indian News, Life, Technology
Naveen Tahilyani Earlier, Prudential plc had announced its plan to establish a joint venture with Vama Sundari Investments (Delhi) Private Limited (Vama), an HCL Group’s Promoter Company, for an Indian standalone health insurance company London: UK major...
by AIP Online Bureau | May 22, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
“The availability of diverse investment products, such as mutual funds, exchange traded funds (ETFs), portfolio management services (PMS), REITs, InVITs, AIFs, plain vanilla debentures, market linked debentures, etc, allows investors to build diversified...
by AIP Online Bureau | May 22, 2025 | Workplace/Employee Benefits
Tuhin Kanta Pandey, chairman, Securities and Exchange Board of India Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey pointed out that the market ecosystem has grown significantly in recent years, with the number of participants nearly...
by AIP Online Bureau | May 22, 2025 | Eco/Invest/Demography, Indian News, Non-Life
“No damage has been reported so far due to sudden rainfall. It will benefit summer (zaid) crops such as moong, maize and paddy,” Agriculture Secretary Devesh Chaturvedi New Delhi: The recent rainfall following extreme heat conditions across parts of the...
by AIP Online Bureau | May 22, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Indian News, Policy
A bench comprising Chief Justice B R Gavai and Justice Augustine George Masih issued notice to the Ministry of Home Affairs, Ministry of Environment, Forest and Climate Change, National Disaster Management Authority and others, seeking their response within two weeks....
by AIP Online Bureau | May 22, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The comments come as Baltic nations grow increasingly concerned about the activity of vessels that haul Russian barrels overseas, a key revenue source for the government in Moscow. They’re worried these ships could cause security breaches, damage power and internet...
by AIP Online Bureau | May 22, 2025 | International News, Non-Life, Reinsurance
That brought SMBC’s total recoveries from claims following the sanctions over Moscow’s war in Ukraine to $1.41 billion. It was one of six lessors that ended an Irish lawsuit against their insurers last month following a series of settlements Dublin: Aircraft lessor...
by AIP Online Bureau | May 22, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy
All of this is occurring after the hottest year on record, with Earth’s warming exceeding 1.5C over pre-industrial levels on an annual basis for the first time. The United Nations has warned that temperatures will continue to rise unless drastic action is taken to...
by AIP Online Bureau | May 21, 2025 | Eco/Invest/Demography, Indian News, Policy
“The Union of India is directed to file an affidavit on the feasibility of a permanent adjudicatory forum for consumer disputes, either in the form of a consumer tribunal or a consumer court, within a period of three months from today, on the touchstone of the...
