by AIP Online Bureau | Dec 31, 2017 | Indian News, Regulation
New Delhi: The race for the post of chairmanship of the IRDAI has hot up with so many high profiled insurers, retired and serving bureaucrats have thrown their hats into the ring. The position will fall vacant on February 21, 2018, when IRDAI's present...
by AIP Online Bureau | Dec 31, 2017 | Articles
New Delhi: Overseas investors have pulled out close to Rs 5,900 crore from domestic equities this month, with widening fiscal deficit and higher crude prices making market participants cautious on macro-economic front. In spite of December performance, foreign...
by AIP Online Bureau | Dec 30, 2017 | Health, Indian News
KOLKATA: Making quality healthcare available to the masses is the most pressing need of the hour, Vice-President M Venkaiah Naidu today said. The government and the states should spend more on health sector and all stakeholders must focus more on medical...
by AIP Online Bureau | Dec 30, 2017 | Articles, Technology
NEW DELHI: If 2017 was about dual cameras and longer battery life, the year 2018 is expected to churn out smartphones with larger screens packed with features like facial recognition and augmented/virtual reality. Put simply, the phones are slated to become...
by AIP Online Bureau | Dec 30, 2017 | Indian News
NEW DELHI: More insurance companies are expected to hit the capital markets next year after successful IPOs of five insurers, including two state-owned companies, which collectively raked in about Rs 45,000 crore. Besides the spate of IPOs, 2018 will also...
by AIP Online Bureau | Dec 28, 2017 | International News, Regulation
Mumbai: India’s only operational International Financial Services Centre (IFSC) – Gujarat International Finance Tec City (GIFT cITY – gets a major boost with Insurance Regulatory Development Authority of India (IRDAI) issuing enabling...
by AIP Online Bureau | Dec 28, 2017 | Indian News
New Delhi: The government on Wednesday slashed interest rates on small savings schemes, including NSC and PPF, by 0.2 percentage point for the January-March period from the rates applicable in the previous quarter, a move that will prompt banks to lower deposit rates....
by AIP Online Bureau | Dec 25, 2017 | Data
Just over 2 crore Indians, or 1.7 per cent of the total population, paid income tax in the assessment year (AY) 2015-16, according to data released by the I-T department. The number of income-tax return filers increased to 4.07 crore in the assessment year...
by AIP Online Bureau | Dec 25, 2017 | Articles, Technology
Mumbai: The digital commerce market in the country is expected to cross USD 50 billion in value by the end of 2018 from the current level of USD 38.5 billion, on the back of a growing internet population and increased online shoppers, says a recent study. The digital...
by AIP Online Bureau | Dec 25, 2017 | Indian News
New Delhi: In order to promote electric vehicles (EVs) in India, auto industry body SIAM has suggested reduction of GST on such automobiles to 5 per cent, besides one-time income tax deduction of 30 per cent of vehicle price for non-financed buyers. In a white...
