by AIP Online Bureau | Dec 3, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
Today, PSU banks have Rs 2.37 lakh crore deposited in the PM Jan Dhan Accounts. In 2014, the average balance of the PM Jan Dhan Accounts was Rs 1,065. It has now increased to Rs 4,397. The Banking Laws (Amendment) Bill, 2024, proposes to allow a bank account holder to...
by AIP Online Bureau | Dec 3, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology
Union Minister of State for Home Affairs Bandi Sanjay Kumar also stated that the ‘Citizen Financial Cyber Fraud Reporting and Management System,’ launched under I4C in 2021, enables immediate reporting of financial frauds to prevent the siphoning off of funds by...
by AIP Online Bureau | Dec 3, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation
Zero-coupon bonds could help insurance companies better manage their long-term liabilities, as they step up offerings of guaranteed savings products Mumbai: Indian insurers have asked the government to issue new sovereign debt instruments, including zero-coupon bonds,...
by AIP Online Bureau | Dec 3, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Policy, Risk Management
Vanuatu, one of the small island states that has spearheaded the effort to get the World Court to give a so-called advisory opinion, was the first of more than 100 states and international organisations to give its views during two weeks of proceedings THE HAGUE:...
by AIP Online Bureau | Dec 3, 2024 | Data, Eco/Invest/Demography, Pension & Social Security, Policy, Regulation
The total corpus of various funds managed by EPFO was Rs 24.75 lakh crore as on March 31, 2024, including debt investments of Rs 22,40,922.30 crore and Rs 2,34,921.49 crore in ETFs New Delhi: Retirement fund body EPFO has invested Rs 34,207.93 crore in exchange traded...
by AIP Online Bureau | Dec 3, 2024 | Health, Indian News, Regulation, Risk Management
The move, effective immediately following an order dated November 29, requires manufacturers to undergo mandatory third-party food safety audits and comply with enhanced quality standards New Delhi: The FSSAI has reclassified packaged drinking water and mineral water...
by AIP Online Bureau | Dec 3, 2024 | Intermediaries, International News, Non-Life, Reinsurance
This appointment is part of Aon’s strategy to advance its commercial capabilities by deepening commercial alignment, integration of data and analytics and service excellence globally to better service clients DUBLIN: Aon plc today announced the appointment of...
by AIP Online Bureau | Dec 2, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management
Officials are concerned that a potential sharp and correlated deterioration in these investments could amplify risks across global insurers. That could spark “asset fire sales” which disrupt corporate funding markets, the BOE warned London: Private equity’s advance...
by AIP Online Bureau | Dec 2, 2024 | Data, Eco/Invest/Demography, Health, Policy
Air pollution is one of the aggravating factors for respiratory ailments and associated diseases, however, there is no conclusive data available in the country to establish direct correlation of disease exclusively due to air pollution, MoS for Health Prataprao Jadhav...
by AIP Online Bureau | Dec 2, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
The government has decided to update the base year for compilation of Gross Domestic Product (GDP) from 2011-12 to 2022-23, said the Minister of State for Statistics & Programme Implementation Rao Indjerjit Singh in a written reply to Rajya Sabha New Delhi: A...
