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Children’s education continues to be top financial priority for Indian fathers

Children’s education continues to be top financial priority for Indian fathers

by AIP Online Bureau | Aug 22, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Indian fathers are increasingly adopting a long-term mindset when it comes to financial planning—thinking in decades rather than years. A majority, 53%, are willing to invest for a period of 10 to 15 years. Another 14% prefer a horizon of 15 to 20 years, while 13% are...
Healthcare Providers’ body asks hospitals to end cashless tie-up with Bajaj Allianz over low reimbursement rates

Healthcare Providers’ body asks hospitals to end cashless tie-up with Bajaj Allianz over low reimbursement rates

by AIP Online Bureau | Aug 22, 2025 | Health, Indian News, Non-Life

“We are confident of working amicably with AHPI and its member hospitals to arrive at a solution that is in the best interests of our customers,” Bajaj Allianz General Insurance head (Health Administration Team) Bhaskar Nerurkar said in a statement. New...
Future Trends: Tech-Driven Life & Annuities Insurance

Future Trends: Tech-Driven Life & Annuities Insurance

by AIP Online Bureau | Aug 22, 2025 | Articles, Eco/Invest/Demography, Life, Pension & Social Security, Technology

Intelligent platforms now analyze vast volumes of policyholder, advisor, and market data to inform pricing, product configurations, and engagement strategies. This intelligence enables micro-targeted solutions — not only tailored to individual policyholders, but also...
EV manufacturers could lose edge if GST slashed on ICE vehicles: HSBC Report

EV manufacturers could lose edge if GST slashed on ICE vehicles: HSBC Report

by AIP Online Bureau | Aug 22, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Technology

HSBC outlines three possible scenarios. In the first, GST on small cars could be reduced from 28 per cent to 18 per cent, while larger cars may be moved to a new special rate of 40 per cent with the removal of the cess. This would lead to price cuts of around 8 per...

India InsurTech Association recognized as a “Champion of National Health Claims Exchange

by AIP Online Bureau | Aug 22, 2025 | Briefs, Health, Intermediaries, Non-Life, Technology

The India InsurTech Association (IIA) has been formally recognized as a “Champion of NHCX” (National Health Claims Exchange) – India’s pioneering digital platform transforming health insurance claims. NHCX, led by the National Health Authority (NHA),...
Amid confusion over WHO report Centre asks scientists to study if areca nut is non-carcinogenic

Amid confusion over WHO report Centre asks scientists to study if areca nut is non-carcinogenic

by AIP Online Bureau | Aug 21, 2025 | Eco/Invest/Demography, Health, Indian News, Policy

“A WHO report has created some confusion regarding the areca nuts produced in Karnataka. To dispel these misconceptions, a team of scientists from the Indian Council of Agricultural Research (ICAR) is conducting studies, and they have been instructed to submit...

Star Health insures 30 lakh sr citizens, settles over Rs 11,500 cr worth of claims in past 18 yrs

by AIP Online Bureau | Aug 21, 2025 | Briefs, Eco/Invest/Demography, Indian News, Non-Life

Star Health company has insured 30 lakh active senior citizens and settled over ₹11,500 crore worth of claims in the past 18 years .As India’s senior population crosses 11% of the total demographic, the industry faces the urgent task of designing sustainable and...

Term, health insurance policyholders to benefit most from GST exemption on individual policies: Experts

by AIP Online Bureau | Aug 21, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Reinsurance

Insurance industry hopes that key input services of commission and reinsurance also receive an exempt status so that there is no blockage of input tax credit ,” Mahesh Jaising Deloitte India Partner and Leader it is essential to tackle some of the structural...
IDBI stake sale likely to be completed this fiscal: DIPAM secy

IDBI stake sale likely to be completed this fiscal: DIPAM secy

by AIP Online Bureau | Aug 21, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Policy

“LIC’s market value is around Rs 6 lakh crore. So, keeping in mind the liquidity of the market, transactions are designed according to that. And it is not appropriate to give any number in the form of a rumour in the middle of the market,” Arunish...
GoM backs Centre’s proposal to scrap 12% and 28% GST slabs: Samrat Choudhary

GoM backs Centre’s proposal to scrap 12% and 28% GST slabs: Samrat Choudhary

by AIP Online Bureau | Aug 21, 2025 | Eco/Invest/Demography, Health, Indian News, Regulation

Samrat Choudhary,,Deputy Chief Minister,Bihar The GoM also reviewed the Centre’s suggestion to exempt GST on individual health and life insurance premiums. While most states supported the idea, they flagged the need for strict oversight to make sure insurance...
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