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More than a fifth of super rich want to migrate out of India Survey

by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Facts, Policy, Wealth Management/ Philanthropy

The survey of 150 ultra high networth individuals said that the US, UK, Australia, Canada and even UAE due to its golden visa scheme are the favourite destinations where the rich prefer to settle down. Mumbai: At least 22 per cent super rich Indians wish to leave the...
Misleading ads: SC asks states UTs to set up grievance redressal mechanism

Misleading ads: SC asks states UTs to set up grievance redressal mechanism

by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Indian News, Risk Management

A bench of Justices Abhay S Oka and Ujjal Bhuyan said state governments should create such mechanisms for members of the public to lodge complaints about objectionable advertisements prohibited under Drugs and Magic Remedies Act, 1954 New Delhi: The Supreme Court on...
Misleading ads: SC asks states UTs to set up grievance redressal mechanism

‘Insensitive inhuman’ SC stays Allahabad HC observations on rape

by AIP Online Bureau | Mar 26, 2025 | Indian News, Workplace/Employee Benefits

Calling it a “very serious matter”, a bench of Justices B R Gavai and Augustine George Masih said, “In normal circumstances, we are slow in granting stay at this stage. But since the observations in paragraphs 21, 24 and 26 are totally unknown to...
Regulations should not create unintended barriers for financial inclusion: RBI Guv

Regulations should not create unintended barriers for financial inclusion: RBI Guv

by AIP Online Bureau | Mar 26, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

“India has made substantial progress on financial inclusion with 94 per cent of adults now having a bank account, It must be ensured that regulations do not create unintended barriers to financial inclusion. We need to be mindful of customer rights and...
Insurers demand longer term assets to fund Govt’s Rs29.7 lakh crore debt pile

Insurers demand longer term assets to fund Govt’s Rs29.7 lakh crore debt pile

by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

The finance ministry has set a record target of Rs 2.5 trillion of debt to be swapped for the fiscal year starting April 1. With the insurance sector expanding at 12%-13% annually, the goal is within reach, according to Vidya Iyer, head of fixed income at ICICI...
Disaster is directly linked to climate change: Amit Shah

Disaster is directly linked to climate change: Amit Shah

by AIP Online Bureau | Mar 25, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

This Bill does not infringe on the federal structure. The primary responsibility for disaster management lies with the District Disaster Management Authority (DDMA), which operates under the state government,” Union Home Minister Amit Shah New Delhi: Union Home...
Over 77K hospital admissions worth Rs 87 cr authorised for mental health packages under AB-PMJAY: Centre

Over 77K hospital admissions worth Rs 87 cr authorised for mental health packages under AB-PMJAY: Centre

by AIP Online Bureau | Mar 25, 2025 | Workplace/Employee Benefits

Insurers are also mandated to make available products in compliance with the provisions of the Mental Health Care Act, 2017. In line with the above provisions, products are available in the market providing coverage for mental illness as per the respective product...
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...
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