by AIP Online Bureau | Dec 9, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security
Under the Social Security code, aggregators are now required to contribute 1–2 per cent of annual turnover, capped at 5 per cent of payments made or payable to gig and platform workers to a Social Security Fund, an official statement said.The fund finances a range of...
by AIP Online Bureau | Dec 9, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
The Centre currently employs 50.14 lakh personnel, while pensioners number around 69 lakh, all of whom fall under the purview of the upcoming pay revision exercise, Minister of State for Finance, Pankaj Chaudhary, told the Lok Sabha in a written reply to questions...
by AIP Online Bureau | Dec 9, 2025 | Data, Eco/Invest/Demography
“The data regarding number of inoperative accounts vis-a-vis women, rural and semi-urban areas that are closed under the Pradhan Mantri Jan Dhan Yojana (PMJDY), is not centrally maintained. However, there are about 15.09 crore inoperative PMJDY accounts out of...
by AIP Online Bureau | Dec 8, 2025 | Workplace/Employee Benefits
The company was embroiled in the scandals during an era of government graft — known locally as state capture — that also involved Bain & Co., SAP SE, KPMG LLP and ABB Ltd. Rebuilding McKinsey & Co.’s reputation in South Africa after it was implicated in state...
by AIP Online Bureau | Dec 8, 2025 | Banking & Bancassurance, Eco/Invest/Demography, International News, Life
The deal involves France’s biggest bank selling its 25% stake in AG Insurance to Ageas for 1.9 billion euros while simultaneously investing 1.1 billion euros into Ageas through its insurance subsidiary BNP Paribas Cardif, based on an agreed price of 60 euros per...
by AIP Online Bureau | Dec 8, 2025 | Indian News, Non-Life, Policy, Reinsurance
Some of the names who are belived to have applied for the post of GIC Re CMD include, Rajeev Singh, Head Reinsurance and corporate marketing, Digit Insurance, promoted by Prem Watsa and Kamesh Goyal. and Mandakini Balodhi, one of directors in Department of Financial...
by AIP Online Bureau | Dec 8, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The strong domestic investment trend comes at a time when the industry has already been witnessing robust participation from retail investors through systematic investment plans (SIPs). Mumbai: Mutual funds sharply increased their equity purchases in November, riding...
by AIP Online Bureau | Dec 8, 2025 | Data, Eco/Invest/Demography
“GST rate cuts coupled with OEM-dealer retail offers continued pulling customers to showrooms, enabling sustained footfalls beyond the festive period. Price reductions across categories, which ignited strong buying in October, continued to support conversions in...
by AIP Online Bureau | Dec 8, 2025 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance
Some pricing and competitive pressures will arise, alongside weak economic growth and volatile financial markets, but robust underwriting and new business generation, high reinvestment yields, and strong capitalisation will support insurers. Stockholm/Paris/London:...
by AIP Online Bureau | Dec 7, 2025 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Policy
Over the past decade, India has seen a sharp rise in solar installations, helping double the country’s total electricity capacity. Solar power now stands at 129 GW, while the overall non-fossil capacity has crossed 259 GW as of October 2025. This means more than...
