by AIP Online Bureau | May 19, 2025 | Briefs, Life
IDBI Bank on Monday said LIC Nominee Director Raj Kumar has ceased to hold the board seat with effect from May 18. “Raj Kumar has ceased to be LIC Nominee Director on the Board of IDBI Bank Limited with effect from May 18, 2025 on completion of his term,”...
by AIP Online Bureau | May 19, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
The datasets, released by Chief Data Officer (CDO) and Deputy Director General of UIDAI, include aggregated insights on Aadhaar enrolment, updates, and authentication patterns, categorised by geography, age-group and other relevant parameters, the release said,...
by AIP Online Bureau | May 19, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The systematic investment plans (SIPs) were popular among investors as flows into this segment rose sharply, with yearly contributions rising by 45.24 per cent to Rs 2.89 trillion in FY25. This substantial increase, along with MTM gains, saw SIP assets rise 24.6 per...
by AIP Online Bureau | May 19, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Workplace/Employee Benefits
The new provisions directly affect over 6 crore salaried employees came into force today, aim to streamline compliance, improve transparency, and secure long-term financial stability for the nation’s workforce New Delhi: In one of the most far-reaching reforms to...
by AIP Online Bureau | May 19, 2025 | Indian News, Pension & Social Security, Policy
Observing that denial would amount to violation of right to equality under Article 14 of the Constitution, a bench comprising Chief Justice B R Gavai and Justice Augustine George Masih said full pension will be paid to all irrespective of when they were appointed and...
by AIP Online Bureau | May 19, 2025 | Briefs, Non-Life, Regulation
HDFC ERGO General Insurance has promoted Parthanil Ghosh as an executive director and chief business officer of the company, with effect from 1st May 2025, subject to approval by the Insurance Regulatory and Development Authority of India (IRDAI) and other requisite...
by AIP Online Bureau | May 18, 2025 | Indian News, Policy, Reinsurance
“GIC Re’s lean organisational structure with fewer than 500 employees, compared to the thousands employed by public sector general insurance companies (PSGICs), makes uniformity under GIPSA operationally infeasible and strategically flawed,” the GIC Re...
by AIP Online Bureau | May 18, 2025 | Eco/Invest/Demography, International News, Risk Management
The agreement would forestall a June 23 trial the planemaker faces on a fraud charge it misled U.S. regulators about a crucial flight control system on the 737 MAX, its best-selling jet WASHINGTON: Families of some of the 346 people killed in two fatal Boeing 737 MAX...
by AIP Online Bureau | May 18, 2025 | Indian News, Non-Life
The insurance firm claimed the policy on the offending vehicle had been cancelled due to a cheque given by its owner getting dishonoured. However, citing a Supreme Court judgement, the MACT said “cancellation of insurance policy due to cheque through which...
by AIP Online Bureau | May 18, 2025 | Data, Eco/Invest/Demography, Health, Risk Management
“Obesity is not a cosmetic issue. It is a clinical, systemic concern that is driving a surge in diseases like fatty liver, diabetes, gastrointestinal complications, and heart disease. In my practice, I see its consequences every day. To address this, we must move...
