by AIP Online Bureau | Dec 5, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
The federal government and state-owned Life Insurance Corp of India together own about 95% in the lender. The government will sell 30.48% of its stake in the bank, while LIC will offload 30.24%, along with transfer of management control. India is poised to seek bids...
by AIP Online Bureau | Dec 5, 2025 | Eco/Invest/Demography, Indian News, Technology
These shipments are provided under a contract signed in 2024, which includes fuel supply for the third and fourth VVER-1000 reactors of the Kudankulam plant for the entire service life, starting from initial loading New Delhi: Russia’s state-run nuclear...
by AIP Online Bureau | Dec 5, 2025 | Indian News, Non-Life, Policy
Union Minister of Road Transport and Highways Nitin Gadkari Under the Cashless Treatment of Road Accident Victims Scheme, 2025, the victims are entitled to cashless treatment up to Rs 1.5 lakh per victim per accident for a maximum period of 7 days from the date of the...
by AIP Online Bureau | Dec 5, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
The Indian economy is facing a “rare goldilocks” period. Since October, India’s economy has experienced rapid disinflation leading to a breach of the central bank’s lower threshold of tolerance. Given these macroeconomic conditions,...
by AIP Online Bureau | Dec 4, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
War insurance costs for some port calls have been quoted between 0.6% and 1% of the value of a ship in the past day by some underwriters, up from 0.4-0.6% last week. Rates of 1% would be the highest since late 2023, though still below peaks of 2% for the Red Sea at...
by AIP Online Bureau | Dec 4, 2025 | Eco/Invest/Demography, Indian News, Non-Life
There were at least 118 flight cancellations at the Mumbai airport, 100 at Bangalore, 75 at Hyderabad, 35 at Kolkata, 26 at Chennai, and 11 at Goa. Flight cancellations were reported at other airports also Mumbai/New Delhi: The country’s largest airline IndiGo...
by AIP Online Bureau | Dec 4, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology
Union Minister Singh also reiterated that as announced in the Budget 2025 announcement, the Government has announced that active private sector participation will be facilitated by undertaking amendments to Civil Liability for Nuclear Damage (CLND) Act 2010 and the...
by AIP Online Bureau | Dec 4, 2025 | Data, Eco/Invest/Demography, Policy, Workplace/Employee Benefits
Domestic investors made robust inflows of $8.7 billion in November, marking their 28th consecutive month of buying, while foreign flows were largely flat for the month. Mumbai: Domestic institutional investors (DIIs) have pumped $81.3 billion into Indian equities in...
by AIP Online Bureau | Dec 4, 2025 | Eco/Invest/Demography, Indian News, Technology
“Presently, 57 lakh EVs are registered in India. EV sales rates were faster in 2024-25. EV car sales increased by 20.8 per cent, while petrol and diesel sales increased by 4.2 per cent. Two-wheeler EVs increased by 33 per cent, and petrol and diesel by 14 per...
by AIP Online Bureau | Dec 4, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology
`At AIC of India, our commitment has always been to safeguard the livelihoods of India’s farmers. Today, we are taking this commitment a step further with Tech-Driven Precision Insurance, integrating satellite intelligence, remote sensing, and digital field monitoring...
