by AIP Online Bureau | Oct 2, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Wealth Management/ Philanthropy
The new framework gives pension funds the freedom to create their own schemes, thereby offering more flexibility and options for subscribers New Delhi: India’s National Pension System (NPS) has emerged as a high-performing and cost-effective retirement planning...
by AIP Online Bureau | Oct 2, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management
“I am happy the RBI has brought changes in the existing deposit insurance scheme for the banks. The banks have been asking this for long. Paying insurance premium has become the largest overhead any bank today. SBI itself paid Rs 5400 crore of premium in FY...
by AIP Online Bureau | Oct 2, 2025 | Briefs, Health, Regulation
Debasish Panda, former Chairman of the Insurance Regulatory and Development Authority of India (IRDAI) has taken on the role of Senior Advisor to Pristyn Care. Pristyn Care is a leading healthcare provider specializing in advanced secondary care surgeries through its...
by AIP Online Bureau | Oct 2, 2025 | Workplace/Employee Benefits
Insurers have a unique role to play in ensuring that Gen AI adoption is safe and sustainable’ ZURICH: Businesses worldwide are rapidly embedding Generative AI (Gen AI) into products, services and internal operations. While this brings significant opportunities...
by AIP Online Bureau | Oct 2, 2025 | International News, Non-Life, Reinsurance, Risk Management
Pascal Millaire, CyberCube CEO, said: “Cyber has the potential to become one of the largest lines of Property and Casualty insurance, as internet-connected technologies and artificial intelligence transform all corners of the global economy. With the additional...
by AIP Online Bureau | Oct 1, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Regulation
Nirmala Sitharaman ,Union Minister for Finance and Corporate Affairs, Unclaimed financial assets, including insurance policy claims, bank deposits, dividends, shares, and mutual fund proceeds, often remain unclaimed due to lack of awareness or outdated account details...
by AIP Online Bureau | Oct 1, 2025 | Indian News, Non-Life, Policy
Girija Subramanian, CMD, New India Assurance and chairperson of GIPSA GIPSA chairperson Girija Subramanian, in a meeting with unions, has confirmed that the Department of Financial Services (DFS) has moved ahead with the notification with 14 per cent wage hike GIPSA...
by AIP Online Bureau | Oct 1, 2025 | Data, Eco/Invest/Demography, Workplace/Employee Benefits
“India’s elderly aspire not only for financial stability but also dignity, respect and purpose. Unlocking this potential through policy, corporate innovation, and family support can transform retirement from dependency to empowerment,” Himanshu Rath,...
by AIP Online Bureau | Oct 1, 2025 | Data, Eco/Invest/Demography, Policy
Union Minister of Fisheries, Animal Husbandry and Dairying, Rajiv Ranjan Singh highlighted that India is today the world’s largest producer of milk, accounting for nearly 25 per cent of global output with an annual production of 239 million tonnes. India is also the...
by AIP Online Bureau | Oct 1, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Remarkably, the top 10 alone hold wealth equal to 28 per cent of the rest of the entire list, the list showed. Startups have emerged as a strong driver of wealth creation, with 97 startup founders making it to the 2025 list.On the demographic side, Mumbai continues to...
