by AIP Online Bureau | Feb 4, 2019 | Indian News, Non-Life, Policy
New DelhI: The government expects to complete the merger of three state-owned general insurance companies by 2019-20. The merger of National Insurance Company, United India Insurance Company and Oriental India Insurance Company was first announced in the...
by AIP Online Bureau | Feb 4, 2019 | Eco/Invest/Demography, Facts
2018 was not a bad year in general for India. GDP growth has been relatively good, the Modi administration has launched several new initiatives, and Indias status and world image has strengthened. The problem is that these are all top-line measures and do not...
by AIP Online Bureau | Feb 4, 2019 | Eco/Invest/Demography, Facts, Technology
Notwithstanding the increasing adoption of automation, 76 per cent of employers in India plan to increase or maintain their headcount, while the global figure stands at 87 per cent, says a report. According to a ManpowerGroup report, companies that are...
by AIP Online Bureau | Feb 3, 2019 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
Mumbai: The Budgetary announcement by the interim finance minister Piyush Goyal, about a new pension scheme, Pradhan Mantri Shram Yogi Mandhan, for the unorganised sector workers,has put a big question mark on the continuity and growth of government's...
by AIP Online Bureau | Feb 1, 2019 | Eco/Invest/Demography, Indian News, Non-Life, Technology
New Delhi: Finance Minister Piyush Goyal on Friday said India would lead the world in transportation sector, with electric vehicles (EVs) and energy storage devices set to play a leading role in the segment. Presenting the Interim Budget for 2019-20 in...
by AIP Online Bureau | Feb 1, 2019 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security
Mumbai: The insurance industry expects the budget proposals to increase disposable income through hike in tax rebates, pensions, health cover for the masses and digital connectivity, help the sector grow faster. "The interim budget aims to uplift...
by AIP Online Bureau | Feb 1, 2019 | Health, Indian News, Non-Life
Mumbai: Kolkata based National Insurance Company(NIC) has managed to retain the Ayushman Bhart account of Maharashtra, that generates second largest health insurance premium after Tamil Nadu. The state has paid a premium of Rs 713 crore for the scheme,...
by AIP Online Bureau | Jan 31, 2019 | Health, Indian News, Life, Non-Life
Mumbai: With healthcare expenses touted to rise in coming years, a grim reality has come to the fore as doctors believe almost 50 per cent of cancer patients pay out of their pockets for treatment, an Edelweiss Tokio Life Insurance study shows. ...
by AIP Online Bureau | Jan 31, 2019 | Banking & Bancassurance, Indian News, Life
Mumbai: State-run Punjab National Bank will be diluting a minor stake in its life insurance joint venture PNB Metlife and own over 26 percent of the venture, a top official said on Thursday. There was no word from the management on a media report of its...
by AIP Online Bureau | Jan 31, 2019 | Facts, Health
Blood cancer can accelerate ageing in healthy bone marrow cells, scientists have found for the first time, paving the way for anti-ageing drugs in the future. It is well known that ageing promotes cancer development. However, this is the first time that...
