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New Income Tax Bill to be introduced in monsoon session: FM Sitharaman

New Income Tax Bill to be introduced in monsoon session: FM Sitharaman

by AIP Online Bureau | Mar 25, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

The simplification exercise was guided by three core principles which include textual and structural simplification for improved clarity and coherence, ensuring continuity and certainty with no major tax policy changes and no modifications of tax rates to preserve...
If poor not provided treatment will ask AIIMS to take over SC to Indraprastha Apollo Hospital

If poor not provided treatment will ask AIIMS to take over SC to Indraprastha Apollo Hospital

by AIP Online Bureau | Mar 25, 2025 | Eco/Invest/Demography, Health, Indian News, Policy

A bench of Justices Surya Kant and N Kotiswar Singh took serious note of alleged violation of lease agreement under which the hospital run by Indraprastha Medical Corporation Limited (IMCL) was to provide free medical and other facilities to one-third of its indoor...
US says Ukraine, Russia agree to ensure safe navigation in Black Sea

US says Ukraine, Russia agree to ensure safe navigation in Black Sea

by AIP Online Bureau | Mar 25, 2025 | Eco/Invest/Demography, International News, Policy

The White House said in a statement that Washington would help restore Russia’s access to the world market for agricultural and fertiliser exports and would continue facilitating talks on both sides in a bid toward achieving a sustainable peace The United States...
Vehicle Scrapping Policy may reduce auto component prices by 30 pc Gadkari

Vehicle Scrapping Policy may reduce auto component prices by 30 pc Gadkari

by AIP Online Bureau | Mar 25, 2025 | Eco/Invest/Demography, Indian News, Technology

The demand for EVs will grow as the government is taking various steps to improve the charging infrastructure in cities and on highways. The adoption of EVs will also increase as the prices of input materials come down, Union Minister Nitin Gadkari said New Delhi:...
New India partners with BoI for distributing its products

New India partners with BoI for distributing its products

by AIP Online Bureau | Mar 25, 2025 | Banking & Bancassurance, Indian News, Non-Life

L to R -PR Rajagopal, ED BOI, Girija Subramanian CMD, NIA, Mukta Sharma GM, NIA, Anjali Bhatnagar GM, BOI ,. Rajneesh Karnatak, MD and CEO BOI, M. Karthikeyan, ED BOI, Rajiv Mishra , ED BOI at an event to sign bancassurance deal between NIA and BoI “New India...
Tata AIA’s Swaminathan S. Iyer appointed as Member, Life, IRDAI for 5 yrs

Tata AIA’s Swaminathan S. Iyer appointed as Member, Life, IRDAI for 5 yrs

by AIP Online Bureau | Mar 25, 2025 | Breaking News!, Indian News, Life, Regulation

Swaminathan S. Iyer, Member-designate, Life, IRDAI “The Appointments Committee of the Cabinet (ACC) has approved the Swaminathan to the post of Whole Time Member (Life), Insurance Regulatory and Development Authority of India (IRDAI) for a period of five years...
Underinsurance Survey 2025: Shifting life insurance trends

Underinsurance Survey 2025: Shifting life insurance trends

by AIP Online Bureau | Mar 25, 2025 | Articles, Eco/Invest/Demography, Life, Wealth Management/ Philanthropy

Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance The survey by Bajaj Allianz Life Insurance, in collaboration with NielsenIQ, reveals a significant shift in life insurance trends, with the average age of first-time buyers dropping from 33 to 28 years. Family...
S&P cuts India’s FY26 GDP growth forecast to 6.5 pc

S&P cuts India’s FY26 GDP growth forecast to 6.5 pc

by AIP Online Bureau | Mar 25, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

“The Reserve Bank of India will cut interest rates by another 75 bp-100 bp in the current cycle, we project. Easing food inflation and lower crude prices will move headline inflation closer to the central bank target of 4 per cent in the fiscal year ending March...
India’s financial system resilient, diverse: IMF report

India’s financial system resilient, diverse: IMF report

by AIP Online Bureau | Mar 25, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation

The report observed that India’s insurance sector is strong and growing, with a significant presence in both life and general insurance. The sector has remained stable, supported by better regulations and digital innovations New Delhi: The Indian financial...
Singapore general insurance premium rises by 6.3% to S$10.8 billion in 2024, Underwriting profit grows by 5.6% to S$642.31 million

Singapore general insurance premium rises by 6.3% to S$10.8 billion in 2024, Underwriting profit grows by 5.6% to S$642.31 million

by AIP Online Bureau | Mar 25, 2025 | International News, Non-Life, Reinsurance

“The general insurance sector is operating in an increasingly complex and fast-evolving risk environment. From climate-related disasters to rising medical costs and economic volatility, insurers today must navigate a rapidly changing landscape,” said Mr. Ronak Shah,...
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