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BIS working on battery swapping in e-mobility sector, says Director General Tiwari

BIS working on battery swapping in e-mobility sector, says Director General Tiwari

by AIP Online Bureau | Sep 14, 2025 | Data, Risk Management, Technology

“For e-mobility, we have already developed several standards. They relate basically to the safety of the charging stations, battery storage, safe battery charging, etc. A lot of work is also happening in other areas. Battery swapping is one area. And the sky is...

Amid rising HNIs, wealth management firms in India to grow 20%+ over next 3 years: Jefferies

by AIP Online Bureau | Sep 14, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

The report also noted that the high-net-worth individual (HNI) space is becoming increasingly crowded, and revenue streams in this segment are becoming more layered New Delhi: Amid India’s growing economy and rising high net-worth individuals (HNIs), a report by...

Equity MF inflows decline 25% MoM in Aug’25; NFO activity slows sharply: JM Financial

by AIP Online Bureau | Sep 14, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

The sharp fall was largely attributed to a weaker new fund offering (NFO) pipeline, which accounted for 61 per cent of the RS 142 billion MoM decline in net inflows New Delhi: Equity mutual fund (MF) inflows, including hybrid schemes but excluding arbitrage, dropped...
Insurance Amendment Bill likely to be introduced in Winter session FM Sitharaman

Insurance Amendment Bill likely to be introduced in Winter session FM Sitharaman

by AIP Online Bureau | Sep 14, 2025 | Eco/Invest/Demography, Health, Indian News, Life

Nirmala Sitharaman,Finance Minister The finance ministry has proposed to amend various provisions of the Insurance Act, 1938, including raising foreign direct investment (FDI) in the insurance sector to 100 per cent, a reduction in paid-up capital, and a provision for...

108-year-old Lalneihsangi declared Mizoram’s oldest person

by AIP Online Bureau | Sep 13, 2025 | Data, Eco/Invest/Demography, Health

An 108-year-old woman, Lalneihsangi, was on Saturday declared the oldest living person in Mizoram, according to Social Welfare Minister Lalrinpuii. The first among Mizos to work in a rehabilitation centre, Lalneihsangi turned 108 on 14 April. The minister said at a...
PSU banks ready to play a larger role towards Viksit Bharat 2047: DFS Secretary

PSU banks ready to play a larger role towards Viksit Bharat 2047: DFS Secretary

by AIP Online Bureau | Sep 13, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology

M Nagaraju, Financial Services Secretary Key suggestions included adopting next-generation technologies, building common infrastructure, and designing hyper-personalized products. The discussions stressed the importance of modernising PSB technology by moving beyond...

SIP investments surge nearly 8x in nine years, touch Rs 28,265 crore in Aug: Report

by AIP Online Bureau | Sep 13, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Between August 1996 and August 2025, the study found that the maximum return generated through SIPs was 55.6 per cent, while the minimum return fell to -24.6 per cent.Interestingly, the study also found that mid-cap SIPs have provided better average returns than...
General insurers’ body asks AHPI to withdraw its warning against Star Health and ensure uninterrupted cashless services

General insurers’ body asks AHPI to withdraw its warning against Star Health and ensure uninterrupted cashless services

by AIP Online Bureau | Sep 13, 2025 | Health, Indian News, Non-Life

AHPI has proceeded with its unilateral action, signalling a preference for disruption over collaboration to improve customer service and protect patient interests, alleged the GI Council Mumbai: General Insurance Council(GI Council), the official representative body...
US FDA clears Apple Watch hypertension feature

US FDA clears Apple Watch hypertension feature

by AIP Online Bureau | Sep 13, 2025 | Data, Eco/Invest/Demography, Health, Risk Management, Technology

The company unveiled a blood pressure monitor in its latest Apple Watch at a September 9 event, where it also introduced a refreshed iPhone lineup, including a slimmer iPhone Air. Apple said the new hypertension notification feature will be available on Apple Watch...
“Initial payouts not sufficient,” claims Mike Andrews, US lawyer for Air India 171 crash victims

“Initial payouts not sufficient,” claims Mike Andrews, US lawyer for Air India 171 crash victims

by AIP Online Bureau | Sep 13, 2025 | Indian News, Non-Life, Reinsurance

Asked about initial payments being offered by Air India to the families, Andrews dismissed them as insufficient. “No, that payment is not going to be sufficient over the rest of their lives,” Mike Andrews, a lawyer based in Montgomery, Alabama said The...
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