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Ministry of Labour and Employment notifies sweeping amendments to the Employees’ Provident Fund rules

by AIP Online Bureau | May 19, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Workplace/Employee Benefits

The new provisions directly affect over 6 crore salaried employees came into force today, aim to streamline compliance, improve transparency, and secure long-term financial stability for the nation’s workforce New Delhi: In one of the most far-reaching reforms to...
All high court judges entitled to full pension: SC

All high court judges entitled to full pension: SC

by AIP Online Bureau | May 19, 2025 | Indian News, Pension & Social Security, Policy

Observing that denial would amount to violation of right to equality under Article 14 of the Constitution, a bench comprising Chief Justice B R Gavai and Justice Augustine George Masih said full pension will be paid to all irrespective of when they were appointed and...
HDFC ERGO General elevates Parthanil Ghosh as its executive director

HDFC ERGO General elevates Parthanil Ghosh as its executive director

by AIP Online Bureau | May 19, 2025 | Briefs, Non-Life, Regulation

HDFC ERGO General Insurance has promoted Parthanil Ghosh as an executive director and chief business officer of the company, with effect from 1st May 2025, subject to approval by the Insurance Regulatory and Development Authority of India (IRDAI) and other requisite...
GIC Re officers’ association urges Sitharaman to delink reinsurer from GIPSA

GIC Re officers’ association urges Sitharaman to delink reinsurer from GIPSA

by AIP Online Bureau | May 18, 2025 | Indian News, Policy, Reinsurance

“GIC Re’s lean organisational structure with fewer than 500 employees, compared to the thousands employed by public sector general insurance companies (PSGICs), makes uniformity under GIPSA operationally infeasible and strategically flawed,” the GIC Re...
Families of 737 MAX crash victims to object to deal allowing Boeing to avoid prosecution

Families of 737 MAX crash victims to object to deal allowing Boeing to avoid prosecution

by AIP Online Bureau | May 18, 2025 | Eco/Invest/Demography, International News, Risk Management

The agreement would forestall a June 23 trial the planemaker faces on a fraud charge it misled U.S. regulators about a crucial flight control system on the 737 MAX, its best-selling jet WASHINGTON: Families of some of the 346 people killed in two fatal Boeing 737 MAX...

Kin of accident victim get Rs 41 lakh compensation MACT overrules cheque dishonoured argument

by AIP Online Bureau | May 18, 2025 | Indian News, Non-Life

The insurance firm claimed the policy on the offending vehicle had been cancelled due to a cheque given by its owner getting dishonoured. However, citing a Supreme Court judgement, the MACT said “cancellation of insurance policy due to cheque through which...
Obesity silent tsunami of India’s disease burden, say experts

Obesity silent tsunami of India’s disease burden, say experts

by AIP Online Bureau | May 18, 2025 | Data, Eco/Invest/Demography, Health, Risk Management

“Obesity is not a cosmetic issue. It is a clinical, systemic concern that is driving a surge in diseases like fatty liver, diabetes, gastrointestinal complications, and heart disease. In my practice, I see its consequences every day. To address this, we must move...

Delhi gets its first brain health clinic; 10 more planned across city

by AIP Online Bureau | May 18, 2025 | Data, Eco/Invest/Demography, Health

Neurological conditions are already the world’s second-biggest cause of death and the leading cause of disability-adjusted life years (DALYs), the statement said New Delhi: Delhi Health Minister Pankaj Singh on Saturday inaugurated the capital’s first dedicated brain...

Foreign investors infuse Rs 4,452 cr in Indian equities this week, net investment in May at Rs 18,620 cr: NSDL

by AIP Online Bureau | May 17, 2025 | Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy

Despite the positive trend in May, FPIs continue to be net sellers in 2025. Since the beginning of the year, the total net FPI outflow stands at ₹-93,731 crore Foreign Portfolio Investors (FPIs) made strong investments in the Indian equity markets this week, bringing...

Nearly half of health insurance buyers in India cited rising medical expenses’ as reason for purchasing insurance: Report

by AIP Online Bureau | May 17, 2025 | Data, Eco/Invest/Demography, Health, Non-Life

Interestingly, it also mentioned that nearly 30 per cent of policyholders are now choosing to supplement their existing corporate health cover with additional personal policies. This highlighted a growing awareness about the need for broader coverage, especially in...
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