by AIP Online Bureau | Apr 1, 2025 | Data, Eco/Invest/Demography, Technology, Wealth Management/ Philanthropy
The initiative will reduce unclaimed assets in the Indian securities market and enhance investor protection. New Delhi: Investors can store and access their demat account statements and mutual fund holdings through DigiLocker beginning April 1. The initiative will...
by AIP Online Bureau | Apr 1, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
“Indian equities faced sharp declines on the first trading session of FY26, with the Nifty tumbling 1.5 per cent to close at 23,165, amid heightened concerns over US President Trump’s reciprocal tariff plans, which take effect from April 2nd,”...
by AIP Online Bureau | Apr 1, 2025 | Health, Indian News, Life, Non-Life
LIC is reportedly in the final stages of acquiring a significant minority stake in ManipalCigna Health Insurance, a standalone health insurer. The deal, valued at Rs 3,500-3,700 crore, would see LIC owning 40-49 per cent of ManipalCigna, which is currently owned by...
by AIP Online Bureau | Apr 1, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation, Reinsurance
GIC Re and Foreign Reinsurance Branches (FRBs) and IIO reinsurers in GIFT-IFSC came in strong support of the market at Apr 1 renewals “Yes, we did write more business than last year. Generally, we found the market to be soft with rates either below or same as...
by AIP Online Bureau | Mar 31, 2025 | Health, Indian News, Non-Life
The full bench was hearing an appeal filed by the New India Assurance Co Ltd against a judgment of the Motor Accident Claims Tribunal awarding monetary compensation up and above the medical expenses. The insurance company claimed medical expenses were also covered...
by AIP Online Bureau | Mar 30, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
“Our parametric insurance model ensures that financial assistance reaches the affected communities and regions without delays, helping strengthen resilience against natural disasters. As climate variabilities increase, parametric insurance plays a vital role in...
by AIP Online Bureau | Mar 30, 2025 | International News, Risk Management, Technology
This is the second time within a month that users have reported outages in the X network New Delhi: Billionaire Elon Musk-controlled microblogging website X on Sunday faced a global outage, including in India, for about a couple of hours, according to online companies...
by AIP Online Bureau | Mar 30, 2025 | Data, Eco/Invest/Demography, Health, Non-Life, Policy, Technology
More than 8.9 crore hospital admissions worth Rs 1.26 lakh were authorised under AB-PMJAY since its inception till March 1, 2025, Union Health Minister J P Nadda said New Delhi: Except for West Bengal, all states and Union Territories across the nation have been...
by AIP Online Bureau | Mar 30, 2025 | Eco/Invest/Demography, International News, Policy, Regulation, Technology, Wealth Management/ Philanthropy
As part of the move, crypto assets will be put under insider trading restrictions that prohibit buying and selling based on undisclosed internal information, the Nikkei said TOKYO: Japan’s Financial Services Agency (FSA) plans to revise the Financial Instruments...
by AIP Online Bureau | Mar 30, 2025 | Disaster & Management, Indian News
Eleven coaches of the SMVT Bengaluru-Kamakhya AC Express derailed at Nirgundi near Manguli at 11.54 am, Chief Public Relations Officer (CPRO) of the East Coast Railway Ashok Kumar Mishra said Cuttack: One person was killed and seven others injured as an express train...