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Foreign investors continue selling in Indian stocks, equities worth Rs 19,759 crore sold this week: NSDL Data

by AIP Online Bureau | Jan 25, 2025 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy

Akshay Chinchalkar, Head of Research at Axis Securities, told ANI that about $7 billion has been retracted year-to-date. He highlighted several factors including Trump’s expected second term, high U.S. treasury yields, and a thriving dollar as key reasons for...

Budget 2025-Insurers expect tax benefits, concessions for healthcare

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

Sameer Bansal, MD & CEO, PNB MetLife, said that while India is a fast-growing economy fuelled by its rising middle-class population of 25-45-year-olds, the proportion of people above the age of 60 is equally increasing at a rapid pace New Delhi: Insurers are...
IRDAI imposes Rs1cr penalty on Royal Sundaram General for violating Outsourcing norms

IRDAI imposes Rs1cr penalty on Royal Sundaram General for violating Outsourcing norms

by AIP Online Bureau | Jan 24, 2025 | Health, Indian News, Regulation

In an order passed by two members of the IRDAI- Rajay Kumar Sinha,(F&I) and Deepak Sood,(Non-Life), the insurance regulator has said that the payments made by RSGI during 2018-19 and 2019-20 to vendors in excess of Rs1 crore were not reported in the outsourcing...

Mandaviya directs EPFO officials to improve claim settlement, grievance redressal

by AIP Online Bureau | Jan 24, 2025 | Pension & Social Security, Policy, Workplace/Employee Benefits

NEW DELHI: Union Labour Minister Mansukh Mandaviya on Friday directed retirement fund body EPFO officials to further streamline claim settlement process, ensure timely grievance redressal, and adopt a public-friendly approach during a review meeting. Mandaviya...
Govt says sanctioned Russian oil tankers can discharge before Feb 27

Govt says sanctioned Russian oil tankers can discharge before Feb 27

by AIP Online Bureau | Jan 24, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

India’s oil secretary Pankaj Jain said the deadline, as outlined by the US sanctions, for completing financial transactions was March 12. India follows United Nations sanctions, rather than those imposed by individual countries, but fears of secondary sanctions...

Despite Trump order, abandoning DEI could land companies in legal trouble

by AIP Online Bureau | Jan 24, 2025 | Eco/Invest/Demography, International News, Policy, Regulation, Workplace/Employee Benefits

“When companies are sued by women or people of color and they’re held liable for discrimination … the Trump administration can’t save them and nothing in this executive order can save them,” said Jason Solomon, director of the National Institute for...
LA wildfires may use up over 30% of Cat budgets of Europe’s largest reinsurers for 2025

LA wildfires may use up over 30% of Cat budgets of Europe’s largest reinsurers for 2025

by AIP Online Bureau | Jan 24, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The impact of the fires on European reinsurers’ natural catastrophe budgets will clearly be significant, but the implications for their earnings and capital are not likely to be material. Paris/London: The recent Los Angeles wildfires may use up over 30% of the...
Puneet Swani to head Aon’s APAC Talent Solutions

Puneet Swani to head Aon’s APAC Talent Solutions

by AIP Online Bureau | Jan 24, 2025 | Intermediaries, International News, Non-Life, Workplace/Employee Benefits

Puneet Swani, Head, Talent Solutions for Asia Pacific Swani is an experienced leader specialising in human resources consulting spanning more than twenty-five years. He joins Aon having had a distinguished career at both Hewitt Associates and Mercer, most recently...
Banks need tech adaptability for resilience: DFS Secy

Banks need tech adaptability for resilience: DFS Secy

by AIP Online Bureau | Jan 24, 2025 | Workplace/Employee Benefits

M Nagaraju,Financial Services Secretary Financial Services Secretary M Nagaraju also underscored the need for enhancing data governance and management practices to ensure compliance with data protection regulations and maintaining robust risk measures, particularly in...

OpenAI faces new copyright case, from global book publishers in India

by AIP Online Bureau | Jan 24, 2025 | Indian News, Risk Management, Technology

The case was filed on behalf of all the federation’s members, who include publishers like Bloomsbury, Penguin Random House, Cambridge University Press and Pan Macmillan, as well as India’s Rupa Publications and S.Chand and Co, said New Delhi-based...
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