by AIP Online Bureau | Feb 19, 2025 | Data, Non-Life, Policy, Regulation
However, it said such cars that would be plying on public roads will continue to be subject to Motor Vehicles Act, 1988. New Delhi: The government has eased norms for imports of cars classified as “vintage motor vehicles” by actual users, according to a...
by AIP Online Bureau | Feb 19, 2025 | Eco/Invest/Demography, Health, Indian News, Regulation
The open offer closed on February 13 and the date of payment of consideration was February 17, the data said New Delhi: Burmans’ open offer of Rs 2,116 crore for the acquisition of additional 26 per cent stake in Religare Enterprises Ltd (REL), the holding...
by AIP Online Bureau | Feb 19, 2025 | Eco/Invest/Demography, International News, Non-Life, Pension & Social Security, Reinsurance, Risk Management
Jad Ariss, managing director of the Geneva Association, said: “The longevity revolution is one of the defining challenges – and opportunities – of our time. Insurers are uniquely positioned to help people navigate longer lives. This will require bold innovation and...
by AIP Online Bureau | Feb 19, 2025 | Banking & Bancassurance, Data, Eco/Invest/Demography, Regulation, Technology
Further, the app’s ‘Banking Outlet’ section will help users find banking facilities within 20 kilometres of their location and they can also access data about SAARC countries through the ‘SAARC Finance’ Mumbai: Reserve Bank on Tuesday...
by AIP Online Bureau | Feb 19, 2025 | Eco/Invest/Demography, Indian News
Sumit Sarawgi, India Head, Oliver Wyman, The management consulting industry in India is at the cusp of transformation. Clients today seek agility and innovation that goes beyond traditional approaches,Sumit Sarawgi MUMBAI: Oliver Wyman, a global management consulting...
by AIP Online Bureau | Feb 19, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Regulation
Dinesh Khara, former chairman, State Bank of India Panel will look into various aspects of Insurance Act 1938 and suggest amendments The other members of the panel are-N. Kannan , former CEO ICICI Prudential Life Insurance, Saurabh Sinha, former executive director,...
by AIP Online Bureau | Feb 18, 2025 | Banking & Bancassurance, Health, Indian News, Non-Life, Regulation
Under Bima –ASBA facility, transfer of money from the prospect to the insurer happens only when policy is issued. Amount towards insurance premium will be debited from the customer’s bank only after the insurer decides to accept the proposal. One-time manadate...
by AIP Online Bureau | Feb 18, 2025 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
The crypto industry has scored some early wins since Trump took office, including the repeal of an accounting rule by the U.S. Securities and Exchange Commission and an executive order by the president directing a working group to study and propose changes to crypto...
by AIP Online Bureau | Feb 18, 2025 | Indian News, Life, Pension & Social Security
M.P. Tangirala, additional secretary, M. Nagaraju, secretary, financial services, Ministry of Finance, M Jagannath, managing director, LIC at launching ceremony of LIC’s new Pension plan LIC’s smart pension plan is a non-par, non linked, Individual/Group,...
by AIP Online Bureau | Feb 18, 2025 | Eco/Invest/Demography, Health, Indian News
The vaccine will tackle, breast, oral and cervical cancers New Delhi: A vaccine to fight cancers affecting women will be available in five to six months, and those in the age group of nine to 16 years will be eligible for inoculation, Union Minister Prataprao Jadhav...