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India moving towards universal health care with wellness centres, Jan Arogya scheme, says Mandaviya

India moving towards universal health care with wellness centres, Jan Arogya scheme, says Mandaviya

by AIP Online Bureau | Aug 18, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life

Elaborating on the Indian health system, Union Health Minister Mansukh Mandaviya said India today is supported by a workforce of 1.3 million Allopathic doctors, 8,00,000 AYUSH doctors and 3.4 million nurses, auxiliary nurses and midwives New Delhi: Union Health...

RBI launches centralised web portal ‘UDGAM’ for unclaimed deposits

by AIP Online Bureau | Aug 18, 2023 | Data, Eco/Invest/Demography

The launch of the web portal will aid users to identify their unclaimed deposits/ accounts and enable them to either claim the deposit amount or make their deposit accounts operative at their respective banks, the release read. The search facility for remaining banks...

ESG funds continue to see outflow; Rs 520 crore pulled out in June quarter

by AIP Online Bureau | Aug 18, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Continuing the trend of outflow, the year-to-date 2023 withdrawal was at Rs 1,060 crore as compared to Rs 1,020 crore in the preceding year. This is in contrast to the infusion of Rs 1.83 lakh crore for the year to date in the overall fund market New Delhi:...
Munich Re expands its green solutions in Indian market

Munich Re expands its green solutions in Indian market

by AIP Online Bureau | Aug 17, 2023 | Climate, Environment, Renewable Energy, Indian News, Non-Life, Reinsurance

Ankur Gupta, head of client management, Munich Re India Branch, revealed that the reinsurer, after launching its Solar Photo Voltaic Performance Warranty , has recently unveiled two new products for fast expanding Electric Vehicles(EVs) segments -Extended Warranty...
HDFC International Life & Re launches new global products from GIFT City – IFSC

HDFC International Life & Re launches new global products from GIFT City – IFSC

by AIP Online Bureau | Aug 17, 2023 | Indian News, Life, Regulation

HDFC Life International will offer US Dollar denominated life and health insurance solutions for Non-Resident Indians (NRIs) and the global Indian diaspora HDFC AMC International (IFSC) Limited will offer fund management and advisory solutions and be positioned as...
III collaborates with Mumbai University to launch PG Diploma course in Insurance Marketing

III collaborates with Mumbai University to launch PG Diploma course in Insurance Marketing

by AIP Online Bureau | Aug 17, 2023 | Indian News, Life, Non-Life

The classes will commence from 19th August and on successful completion of the course the Diploma will be awarded jointly by the Insurance Institute of India and Mumbai School of Economics and Public Policy (Autonomous), University of Mumbai Mumbai: Mumbai based...

CAG report reveals beneficiaries paid money for treatment under AB-PMJAY

by AIP Online Bureau | Aug 17, 2023 | Health, Indian News, Non-Life, Policy, Regulation

The CAG’s audit report on AB-PMJAY which was presented in Parliament recently, said: “The agreement signed by the SHA (State Health Agency) and the private EHCPS (Empanelled Health Care Providers) states that the treatment/interventions to PMJAY beneficiaries...

Life insurance: New CBDT rules on calculating income for policies with premium exceeding Rs 5 lakh

by AIP Online Bureau | Aug 17, 2023 | Eco/Invest/Demography, Indian News, Life, Policy, Wealth Management/ Philanthropy

According to the change, for policies issued on or after April 1, 2023, the tax exemption on maturity benefits under Section 10(10D) will only be applicable if the aggregate premium paid by an individual is up to Rs 5 lakh a year New Delhi: The Income Tax department...

Urban poor most impacted in July inflation surge: Crisil

by AIP Online Bureau | Aug 17, 2023 | Data, Eco/Invest/Demography

The poorest segment in both urban and rural areas faced a higher inflation burden than their high-income counterparts, as food inflation accelerated sharply,” the Crisil note added Mumbai: Urban poor have been the most impacted by 15-month high consumer price...

UK PM Sunak commits to triple-lock pension policy despite inflation

by AIP Online Bureau | Aug 16, 2023 | Eco/Invest/Demography, International News, Pension & Social Security, Policy

Last November, with inflation in double-digits, finance minister Jeremy Hunt decided to raise state retirement and welfare benefits payments in line with price growth at a cost of about 11 billion pounds London: British Prime Minister Rishi Sunak said he was committed...
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