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RBI may extend Sept 30 deadline for exchanging Rs 2000 currency notes, ID and form not needed to exchange

RBI may extend Sept 30 deadline for exchanging Rs 2000 currency notes, ID and form not needed to exchange

by AIP Online Bureau | May 22, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation

On why there was a deadline for exchanging these notes when they are going to continue as legal tender, Shaktikant Das, governor, RBI said that unless a particular time is stipulated, the process won’t reach finality as people won’t take it seriously....
India has worked on availability, accessibility and affordability of healthcare: PM Modi

India has worked on availability, accessibility and affordability of healthcare: PM Modi

by AIP Online Bureau | May 21, 2023 | Eco/Invest/Demography, Health, Indian News

Narendra Modi,Prime Minister Be it the world’s biggest health insurance scheme – Ayushman Bharat, or the massive ramping up of health infrastructure, or the drive to provide sanitation and drinking water to millions of families, many of India’s efforts are aimed at...

HDFC Pension Management company crosses Rs 50,000 crore assets

by AIP Online Bureau | May 21, 2023 | Indian News, Pension & Social Security

“The superior returns, attractive tax benefits, and low charges make for a strong customer proposition for investing in our pension products. With our AUM crossing the threshold of Rs. 50,000 cr., the effective Fund Management Charges for our subscribers will...
Public sector banks’ total profit crosses Rs 1 lakh crore-mark in FY23

Public sector banks’ total profit crosses Rs 1 lakh crore-mark in FY23

by AIP Online Bureau | May 21, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

From posting a total net loss of Rs 85,390 crore in 2017-18, the Public Sector Banks (PSBs) have come a long way as their profit touched Rs 1,04,649 crore in 2022-23, according to an analysis of their financial results NEW DELHI: Public sector banks’ cumulative...

EPFO adds 13.4 lakh members in March, 1.39 cr in 2022-23

by AIP Online Bureau | May 21, 2023 | Data, Eco/Invest/Demography, Pension & Social Security, Workplace/Employee Benefits

Among the newly joined members, the highest enrolment is registered in the age group of 18-21 years with 2.35 lakh members, followed by the age group of 22-25 years with 1.94 lakh members.The age-groups of 18-25 years constitute 56.60 per cent of total new members...

FPIs bring in Rs 30,945 cr in May on strong economic fundamentals

by AIP Online Bureau | May 21, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

With this, net inflows by Foreign Portfolio Investors (FPIs) reached Rs 16,365 crore in 2023 so far, data available with the depositories showed Foreign investors have put in Rs 30,945 crore in the Indian equities in May so far, driven by strong macroeconomic...

4th death, more vision loss cases in US linked to tainted Indian eyedrops

by AIP Online Bureau | May 21, 2023 | Health, Indian News, Regulation

Investigators say most of the patients had used certain brands of eyedrops, and products from EzriCare and Delsam Pharma were recalled in February. At least seven patients were diagnosed after the recall After the recall, US health inspectors visited the plant in...

Evidence of stress hormones in hair may reveal who is prone to get heart disease: Study

by AIP Online Bureau | May 21, 2023 | Facts, Health

“Our hope is that hair analysis may ultimately prove useful as a test that can help clinicians determine which individuals might be at high risk of developing cardiovascular disease. Then, perhaps in the future targeting the effects of stress hormones in the...

Study reveals how managing cardiovascular disease risk helps preserve physical function

by AIP Online Bureau | May 21, 2023 | Eco/Invest/Demography, Facts, Health, Workplace/Employee Benefits

“Approximately 10 per cent of older adults have muscle weakness and diminished physical function that leads to adverse health outcomes and physical disability,” said lead author Dr. Shivani Sahni “Since loss of physical function contributes to...

67% of Indian firms to outsource key security functions as cyber attacks spike

by AIP Online Bureau | May 21, 2023 | Data, Technology

“A lot of enterprises go with security service providers that can offer global capabilities in a local delivery model and can help them in unifying their vendor ecosystem by offering a plethora of services under one umbrella,” said Sakshi Grover, research...
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