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India’s pension system improves from 2022: Report

by AIP Online Bureau | Oct 17, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

”Changes in workforce dynamics, employment and family patterns have brought formal sources of retirement to the forefront. While there is improvement in the net pension replacement rate and participation in private pension plans, which is reflected in the value...

In 3:2 majority verdict, SC says queer couples can’t adopt children

by AIP Online Bureau | Oct 17, 2023 | Eco/Invest/Demography, Indian News, Policy

This is not to say that unmarried or non-heterosexual couples cannot be good parents, Justice Bhat said, adding that the State, as the guardian, has to explore all areas and ensure that the benefits reach such children who are in need of stable homes New Delhi: A...
SC declines to allow same-sex marriages

SC declines to allow same-sex marriages

by AIP Online Bureau | Oct 17, 2023 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security, Policy

On April 27, the court asked the Centre whether social welfare benefits such as opening joint bank accounts, nominating a life partner in provident fund, gratuity and pension schemes can be extended to same-sex couples without going into the issue of legal sanction to...

Jio Financial set to launch suite of loan products in billionaire Ambani’s finance push

by AIP Online Bureau | Oct 17, 2023 | Banking & Bancassurance, Indian News, Intermediaries, Non-Life

The company’s insurance broking arm has also partnered with 24 insurance companies, while its payments bank division, which relaunched savings account and bill payment services, plans to launch debit cards Bengaluru: India’s Jio Financial Services JFS...

Insurtech BimaKavach gets insurance broking license, plans fund raising

by AIP Online Bureau | Oct 17, 2023 | Indian News, Intermediaries, Non-Life, Technology

In 2022, BimaKavach raised $2 million in a seed round led by WaterBridge Ventures, with participation from Blume Ventures, Arali Ventures, and Eximius Ventures to be utilized for designing new-age business risk covers, investing in proprietary risk management...

ILO and WHO review social protection impact in reducing socio-economic damage of next pandemic

by AIP Online Bureau | Oct 17, 2023 | Eco/Invest/Demography, Features, Health, Pension & Social Security, Policy, Risk Management

Mia Seppo, ILO Assistant Director-General for Jobs and Social Protection, highlighted the complexity of the issues involved. “We see the discussions on a strengthened framework for prevention, preparedness and response as an opportunity to drive the point home that to...

Jharkhand first state to take steps to ensure minimum wages for workers

by AIP Online Bureau | Oct 17, 2023 | Data, Eco/Invest/Demography, Policy, Regulation, Workplace/Employee Benefits

This committee, formed by state’s labour department, will study the conditions in which Swiggy-Zomato, Ola-Uber drivers, gig workers, online delivery boys are working. On this basis, recommendations regarding their minimum wages will be made. It is estimated that...

Coal secy stresses on importance of cyber security, says threats are more sophisticated

by AIP Online Bureau | Oct 16, 2023 | Eco/Invest/Demography, Indian News, Policy

The coal ministry organised the workshop to sensitise the PSUs and organisations under its administrative control about current cyber security challenges and adapt and implement best practices in their organisations New Delhi: Coal Secretary Amrit Lal Meena on Friday...

SC to deliver its verdict on the issue of same-sex marriage on Tuesday

by AIP Online Bureau | Oct 16, 2023 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits

During hearing, the Centre had submitted before the apex court that the court’s hinting at a possibility of declaration being made something less than marriage but something more than the present status may not be the correct course of action New Delhi: The...

Deadly Indonesian cough syrup was almost pure toxin, court papers show

by AIP Online Bureau | Oct 16, 2023 | Health, International News, Risk Management

The criminal case comes as efforts grow worldwide to tighten oversight of drug supply chains after a wave of poisonings linked to contaminated cough syrups that killed dozens more children in countries such as Gambia and Uzbekistan An Indonesian drugmaker whose cough...
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