by AIP Online Bureau | Feb 22, 2024 | Eco/Invest/Demography, International News, Technology
Leasing companies are demanding concessions from EV makers, including agreements that manufacturers will buy back vehicles, to protect against further erosion in the $1.2 trillion second-hand car market Carmakers have begun compensating leasing companies for the...
by AIP Online Bureau | Feb 22, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
“The Indian equity markets are the only ones across the major emerging market (EM) economies which have consistently given more than 10 per cent annualised returns over the last 5-year/10-year/15-year/20-year periods. New Delhi: The market depth in India has...
by AIP Online Bureau | Feb 22, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation
“We are committed to working collaboratively with all stakeholders as we navigate through this evolving issue. The Department of Consumer Affairs reaffirmed its stance with utmost clarity that any continued involvement in surrogate advertising will not be condoned. It...
by AIP Online Bureau | Feb 22, 2024 | Briefs, Life
SBI Life Insurance launched an exclusive 24×7 Inbound Helpline for Non-Resident Indians (NRIs) to provide global accessibility of after sale services. Customers residing anywhere outside India can leverage this premium service* by dialing the dedicated helpline...
by AIP Online Bureau | Feb 22, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
Mule accounts are owned by people who are duped by fraudsters into laundering stolen/illegal money via their bank accounts. When such incidents are reported, the “money mule” becomes the target of investigations due to their involvement New Delhi: Banks in...
by AIP Online Bureau | Feb 22, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Policy, Risk Management
Under the Flood Management Programme (FMP) component of Flood Management and Border Areas Programme with an outlay of Rs. 2940 crore, central assistance will be provided to state governments for taking up critical works related to flood control, anti-erosion, drainage...
by AIP Online Bureau | Feb 22, 2024 | Indian News, Intermediaries, Life, Non-Life, Policy, Regulation
Out of many applicants, who had applied for the job, the Ministry of Finance, has shortlisted the names of Satyajit Tripathy, CMD, United India Insurance, Randip Singh Jagpal, executive director, IRDAI, LK Shyamsunder, zonal manager, South Central Zone, Life Insurance...
by AIP Online Bureau | Feb 21, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
(Lto R) Shaktikanta Das, Governor, Reserve Bank of India, Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs and Bhagwat K Karad,,Union Minister of State for Finance at the 28th meeting of FSDC in New Delhi The FSDC on Wednesday discussed various...
by AIP Online Bureau | Feb 21, 2024 | Data, Eco/Invest/Demography, Intermediaries
India continues to roll out the highest salary increases amongst the major economies amidst geopolitical tensions, followed by Bangladesh, and Indonesia with 7.3 per cent and 6.5 per cent average salary increases in 2024 New Delhi: Salaries in India are expected to...
by AIP Online Bureau | Feb 21, 2024 | Banking & Bancassurance, Briefs, Life, Policy
The government, on Wednesday, has appointed MR Kumar, former chairman of Life Insurance Corporation(LIC), as a part-time non-official director as well as non- executive chairman of Bank of India for a term of three years. Kumar had completed his term as the LIC...
