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Investors’ wealth swells by Rs 27.10 lakh cr as mkts surge for 6th day

Investors’ wealth swells by Rs 27.10 lakh cr as mkts surge for 6th day

by AIP Online Bureau | Mar 24, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

FIIs also increased their long positions in index futures, with the Long-Short ratio improving to 31.8 per cent, indicating a gradual shift towards optimism — a factor that likely boosted sentiment in today’s session New Delhi: Markets investors became richer by...
SEBI panel soon to work on conflict of interest rules for board members: Report

SEBI panel soon to work on conflict of interest rules for board members: Report

by AIP Online Bureau | Mar 24, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management

“We need to not only create trust of all stakeholders in us (SEBI) but we also need to maintain that trust. To that extent, we need to be more transparent, including on various other measures such as conflict of interest of the (SEBI) board and so on,” SEBI Chairman...
GIC Re slashes premium for Terrorism Pool by 10% from Apr 1

GIC Re slashes premium for Terrorism Pool by 10% from Apr 1

by AIP Online Bureau | Mar 23, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

With a total premium of Rs 1655 crore, the claims ratio for IMTRIP was just 0.21 per cent in FY 24. Similarly, with a premium of Rs 1809 crore, the IMTRIP had a claim ratio of just 0.13 per cent in FY 23. Therefore, GIC Re and other members of the Pool had taken...

Shriram General wins court case in fraudulent motor claims case

by AIP Online Bureau | Mar 23, 2025 | Indian News, Non-Life

The case also exposed a nexus between a hospital, police officials, and lawyers to claim motor vehicle accident insurance money by submitting forged documents, fraudulent certificates and medicine bills, Shriram General Insurance Company said in a statement New Delhi:...

FPI outflows ebb amid easing global concerns, optimism over Ukraine war

by AIP Online Bureau | Mar 23, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Last week, FPIs turned net buyers on two occasions, with a significant purchase of Rs 3,181 crore on March 21 and Rs 710 crore on March 19 The Indian equity market has witnessed a moderation in FPIs’ selling pressure with the outflows narrowing to Rs 1,794 crore...
Cars set to get costlier from April as automakers announce price hikes

Cars set to get costlier from April as automakers announce price hikes

by AIP Online Bureau | Mar 23, 2025 | Data, Eco/Invest/Demography

“At the same time, OEMs(Original Equipment Manufacturer) are aware of high price sensitivity in the entry-level segments. Hence, are likely to be cautious in executing these hikes given the segment may see a revival, especially after the recent budget, which...
Heathrow airport reopens after blackout shutdown

Heathrow airport reopens after blackout shutdown

by AIP Online Bureau | Mar 22, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology

The financial fallout from the day-long disruption may reach reach between $80 million and $100 million, factoring in costs related to accommodation, food and transportation, as well as broader operational impacts that include rerouting, schedule disruptions and...
AI turbocharging organized crime, EU Police agency warns

AI turbocharging organized crime, EU Police agency warns

by AIP Online Bureau | Mar 22, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology

“Cybercrime is evolving into a digital arms race targeting governments, businesses and individuals. AI-driven attacks are becoming more precise and devastating,” said Europol’s Executive Director Catherine De Bolle The European Union’s law enforcement agency cautioned...
Fast descent warning triggered on Delta jet that went belly-up on landing in Toronto

Fast descent warning triggered on Delta jet that went belly-up on landing in Toronto

by AIP Online Bureau | Mar 22, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology

The plane hit the runway at a 50% greater descent velocity than the rate its landing gear was designed to absorb, according to a preliminary report from the TSB, an independent transportation safety agency A safety warning system went off in a Delta Air Lines regional...
MoF shortlists 5 GMs for selection of OIC CMD

MoF shortlists 5 GMs for selection of OIC CMD

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

The five names are  Rekha Solanki, GM, OICL, Anjana Saxena, National Ijsurance Company, Chandra Aiyyar, GM, NIA,   Sanjay Joshi, GM,  UII, Sachindra Salvi, MD & CEO, GIC Housing Finance. New Delhi: The Ministry of Finance(Mof) has shortlisted...
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