by AIP Online Bureau | Feb 17, 2025 | Eco/Invest/Demography, Indian News, Risk Management
Despite the tremors lasting only a few seconds, their intensity was sufficient to unsettle residents, prompting many to rush out of their homes as a precautionary measure. While the earthquake caused widespread panic, there have been no immediate reports of casualties...
by AIP Online Bureau | Feb 16, 2025 | Indian News, Workplace/Employee Benefits
The top court said allowing criminal charges to be pressed against individuals in such cases may lead to disastrous consequences, crippling the entire disciplinary atmosphere required in the workplace New Delhi: Senior’s admonition at the workplace does not...
by AIP Online Bureau | Feb 16, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
There are talks around about tariff on gold which also has sparked a rush for the physical metal in London, Switzerland and Asia to ship to the U.S. ahead of any new levy New Delhi: Gold is 11 per cent up so far in 2025, outperforming equities and bitcoins, according...
by AIP Online Bureau | Feb 16, 2025 | Data, Eco/Invest/Demography, Policy
Vipul Bhowar, Senior Director – Listed Investments, Waterfield Advisors, said, “shifts in global policies, especially those emerging from the US, are invoking a sense of uncertainty among FPIs, which in turn is reshaping their investment strategies in...
by AIP Online Bureau | Feb 16, 2025 | Indian News, Life, Policy, Regulation
After hearing Aviva’s defence, joint tax commissioner Aditya Singh Yadav ruled the company evaded tax of around Rs 32.6 crore ($3.8 million), which it must pay with a 100 per cent penalty, totalling Rs 65.3 crore, or $7.5 million, according to a February 5 order...
by AIP Online Bureau | Feb 15, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation
Prime Minister Narendra Modi “It is my conviction that there should be less interference of the government in the society. For this, the government is also going to constitute a Deregulation Commission,” PM Modi said New Delhi: Prime Minister Narendra Modi...
by AIP Online Bureau | Feb 15, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life, Regulation, Technology
The implementation of Bima Sugam is going as planned and is now ready to be capitalized by Indian insurers, said the IRDAI Hyderabad: The unveiling of of IRDAI’s game changing move Bima Sugam might have been delayed but the portal for Bima Vahak’s, the localised...
by AIP Online Bureau | Feb 15, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Risk Management
Debasish Panda, chairman,IRDAI Distribution reforms in the pipeline were discussed which aim to empower individuals in the space of insurance intermediation through measures to enhance performance and productivity of the distribution channels, training and capacity...
by AIP Online Bureau | Feb 15, 2025 | Eco/Invest/Demography, Indian News, Policy, Workplace/Employee Benefits
The Bill introduces a new concept of ‘tax year’ as the 12-month period beginning from April 1. This would replace the present concept of assessment and previous year. Currently, income earned in the previous year (PY) say in the year April 2024 to March...
by AIP Online Bureau | Feb 14, 2025 | Briefs, Intermediaries, Non-Life, Regulation, Reinsurance
GIFT City based the IFSCA has cancelled the license granted to Prowess Insurance Brokers Pvt. Ltd. (PIBPL), to operate a Branch office in GIFT IFSC as IFSC Insurance Intermediary Office (IIIO). The action is taken in light of non-compliance with directions...
