by AIP Online Bureau | Jul 4, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
Rejecting the state government’s contention that only regular women civil servants qualify for maternity leave, the court observed: “Women employees for the purpose ofavailing such benefit do constitute one homogenous class and their artificial bifurcation...
by AIP Online Bureau | Jul 4, 2025 | Data, Eco/Invest/Demography, Pension & Social Security
Today, ICICI Prudential Pension Funds serves over 1.2 lakh NPS accounts through Points of Presence (POP), and 9.71 lakh subscribers as a Pension Fund Manager (PFM), spanning corporate and retail segments. Mumbai: In a landmark achievement, ICICI Prudential Pension...
by AIP Online Bureau | Jul 4, 2025 | Indian News, Non-Life, Policy
The Bombay High Court has directed the adjudicating authority to re-hear the matter in light of the decision of the GST Council and the circulars,’’ the insurer said in a regulatory filing. Mumbai: In a relief to ICICI Lombard General Insurance, a positive development...
by AIP Online Bureau | Jul 3, 2025 | Indian News, Life, Non-Life, Technology
Rakesh Joshi, chairman, Bima Sugam India Federation Joshi as a member of IRDA from March 2022 to December 2023, under the chairmanship of Debasish Panda was very closely involved with the development and implementation of Bima Sugam and Bima Vistaar...
by AIP Online Bureau | Jul 3, 2025 | Briefs, Life
Life Insurance Corporation has launched a new product Nav Jeevan Shree, a non-par, non-linked, individual, savings plan. It a has a minimum term of five years and a maximum term of 20 years. It will be available from...
by AIP Online Bureau | Jul 3, 2025 | Intermediaries, Non-Life, Risk Management, Technology
“BOXX’s digital-first, service-led approach will help us further enhance customer engagement and provide integrated solutions that make people’s everyday life easier,” Cara Morton, CEO Zurich Global Ventures said in the statement. Zurich Insurance Group AG agreed to...
by AIP Online Bureau | Jul 3, 2025 | Climate, Environment, Renewable Energy, International News, Risk Management, Technology
Climate change is only adding to the urgency to clean Everest. Snow and ice are melting, exposing decades-old garbage that can contaminate waterways fed by the runoff and that flow down to villages below Human waste, empty oxygen cylinders, kitchen leftovers and...
by AIP Online Bureau | Jul 3, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Risk Management, Technology
This Memorandum of Understanding (MoU), signed on June 26, lays the critical groundwork for the launch of India’s first weather derivatives — a long-anticipated market instrument designed to help farmers and allied sectors hedge against climate-related...
by AIP Online Bureau | Jul 3, 2025 | Banking & Bancassurance, Indian News, Regulation, Technology
Banks and financial institutions can use the Financial Fraud Risk Indicator (FRI) in real time, which classifies mobile numbers based on their association with medium, high or very high risk of financial fraud New Delhi: The Reserve Bank of India has advised all banks...
by AIP Online Bureau | Jul 3, 2025 | Data, Non-Life
New Delhi: Retail registrations in the Indian automobile market outpaced wholesale dispatches across key segments in June 2025, a new report said on Wednesday. While two-wheeler (2W) retail demand continued at a slow pace, commercial vehicles (CVs) and passenger...
