2025 was the year of many firsts in India's still somewhat unregulated wellness space. For starters, it was the year Novo Nordisk's Ozempic — a medication that mimics GLP-1, a gut hormone naturally present in the body, which helps regulate blood sugar and appetite — was finally launched
The Bulletin of the Atomic Scientists has moved the hands of the Doomsday Clock to 85 seconds to midnight, the closest the world has ever been to global catastrophe in its estimation. The announcement, on January 27 in Washington DC, reflects a darkening security landscape marked by eroding nuclear
SEOUL, Jan 29 (Reuters) - Apple said rising memory chip prices had started to pressure profitability in the current quarter, echoing warnings from South Korean chipmakers that are diverting production toward higher-margin memory chips that support AI workloads.By Heekyong Yang and Hyunjoo JinSEOUL
Former Google software engineer Linwei Ding was convicted by a federal jury in San Francisco on Thursday of stealing AI trade secrets from the U.S. tech giant to benefit two Chinese companies he was secretly working for, the U.S. Department of Justice said on Thursday.Ding
Ajit Pawar was reportedly very keen on merging the two factions of the Nationalist Congress Party. A close associate revealed that Pawar had confirmed the merger process was complete and imminent. This development was expected to occur within days
Oil prices are headed for their biggest monthly gains in years on Friday (January 30, 2026) as tensions in the Middle East escalated over a possible U.S. attack on Iran that could disrupt supplies from one of the biggest OPEC producers. Brent crude futures fell 21 cents to $70
Lamine Yamal delivered a standout performance on Wednesday night as Barcelona defeated Danish side Copenhagen 4–1 in their final Champions League group-stage match. This victory secured Barcelona's place among the top eight teams in Europe, concluding an exciting evening across the continent
India's regulatory bodies for insurance and pension — the Insurance Regulatory and Development Authority of India (IRDAI) and the PFRDA — have advanced reforms to deepen financial inclusion and extend protection to underserved segments
Budget 2026: Economic survey calls for stronger pension net for gig workers, rural India
Budget 2026: Economic survey calls for stronger pension net for gig workers, rural India
India's regulatory bodies for insurance and pension — the Insurance Regulatory and Development Authority of India (IRDAI) and the PFRDA — have advanced reforms to deepen financial inclusion and extend protection to underserved segments.
New Delhi: The way forward for India's pension ecosystem lies in a calibrated expansion of both contributory and non-contributory schemes, the Economic Survey 2025-26 said on Thursday, adding that engagement with state governments, cooperatives, farmer networks, and gig-platform companies can ensure last-mile reach.
The Pension Fund Regulatory Development Authority (PFRDA) has laid the groundwork for a vibrant pension system, offering a range of options for its users and covering a broad population bracket.
According to the Survey, India's pension landscape features a multi-tiered system dominated by the market-linked National Pension System (NPS), government-backed Unified Pension Scheme (UPS) launched in 2025, and other schemes like the Employees' Provident Fund (EPF) and the Atal Pension Yojana (APY) for broader coverage.
India's regulatory bodies for insurance and pension — the Insurance Regulatory and Development Authority of India (IRDAI) and the PFRDA — have advanced reforms to deepen financial inclusion and extend protection to underserved segments.
“Studies highlight the need for better alignment between EPFO, PFRDA, and state-level pension bodies to reduce fragmentation, enhance portability, and streamline governance,” the Survey added.
There were 211.7 lakh subscribers to NPS and managed assets worth Rs 16.1 crore (as of December 31, 2025). Over the past decade, NPS subscribers have grown at a Compound Annual Growth Rate (CAGR) of 9.5 per cent, and the assets under management (AUM) have rapidly increased at a CAGR of 37.3 per cent.
“Similarly, since its inception in 2016, APY subscriptions have grown at a robust CAGR of 43.7 per cent, and AUM has shown exemplary growth at a CAGR of 64.5 per cent,” the Survey said.
However, it notes that persistent awareness gaps prevail, with low-income and rural households maintaining limited exposure to long-term retirement products.
Notably, recent efforts, such as simplified onboarding, NPS Lite variants, APY outreach campaigns, e-NPS, Digital KYC, flexible contribution structures and targeted products for minors, gig workers, and farmer groups, demonstrate the progress being made in closing these long-standing coverage gaps. The Survey suggested that expanding interoperability across NPS, APY and other schemes will support seamless portability as workers shift sectors or migrate.
“With sustained institutional strengthening, India is well-positioned to develop a pension system that is inclusive, future-ready, and anchored in global best practices,” it noted. The Survey further says that structural shifts are evident in the ‘non-life' insurance segment, where health insurance accounts for 41 per cent of the GDP.
All 26 life insurers, 26 non-life insurers, seven health insurers, and two specialised insurers are active and supported by a network of more than 83 lakh distributors.
The Survey points out that the exemption in GST on life insurance and individual health insurance policies has provided substantial relief to policyholders and made insurance services more affordable.
Source: Zeenews.india.com
Source: OfficeNewz
Related Posts: Economic Survey 2026 to be tabled today All eyes on economic survey 2026 Economic Survey 2026 Date And Time FM Sitharaman tables Economic Survey 2026 in Parliament Economic Survey 2026 Pegs FY27 GDP Growth At 6 India’s gig economy surges FM Nirmala Sitharaman Tables Economic Survey 2025-26 In Parliament Today UGC NET December Result 2025 To Be Declared Shortly At ugcnet Economic Survey flags ultra-processed foods 8 key takeaways from CEA’s economic survey briefing
OWINGS MILLS, Md. (AP) — As much as Jesse Minter seemed like an obvious fit for the Baltimore Ravens, he still had to show he was ready for their coveted coaching vacancy. “He just blew us away,” general manager Eric DeCosta said. “As good as his Zoom interview was
4 minutes ago
The US-China Economic and Security Review Commission has issued a notice for its annual hearing on the evolving situation in the Indo-Pacific. The hearing will take place on February 17. The United States is no longer the driving force of the world and a new world order is taking shape with India
4 minutes ago
Three buildings, including the Punjab and Haryana secretariat in Sector 1, the UT mini secretariat in Sector 9 and the Punjab Municipal Bhawan in Sector 35, were evacuated after the administration received a bomb threat on Thursday, the Hindustan Times reported.Three buildings
4 minutes ago
For the December quarter, Apple set all-time revenue records in the Americas, Europe, Japan, and rest of Asia Pacific, and grew in the vast majority of markets we track. New Delhi: Apple CEO Tim Cook has said that the company set a quarterly revenue record during the October-December period in
4 minutes ago
Varun Dhawan recently shared a behind-the-scenes video on Instagram documenting a severe tailbone injury he sustained while filming a high-risk action sequence for the war drama Border 2. Mumbai: Actor Varun Dhawan has recalled suffering the worst injury of his career while shooting for his
4 minutes ago
For a long time, hiring was done based on the simple fact that more experience meant more talent. CVs were screened for years of service in the role, experience in similar companies, and a straight line of professional growth. Experience is still relevant
4 minutes ago
U.S. chipmaker Nvidia helped China's DeepSeek hone artificial intelligence models that were later used by the Chinese military, the chairman of a U.S. House of Representatives committee said in a letter seen by Reuters on Wednesday
4 minutes ago
Shayona Engineering IPO listing: Shayona Engineering share price made a flat debut on Indian stock market on Friday, January 30, as the stock listed flat at the IPO price of ₹144 on BSE SME. Disclaimer: This story is for educational purposes only
4 minutes ago
January is the month of vows. Sugar is sworn off with solemn resolve, desserts are demonised, and inboxes fill with promises of clean eating and a healthy lifestyle. For a few weeks, restraint feels virtuous. But willpower, like frosting left out too long, has a short shelf life
4 minutes ago
The Indian Air Force (IAF) dropped at least 12,000 litres of water to combat forest fires in the Lohit Valley of Arunachal Pradesh, operating at nearly 9,500 feet in the rarefied Himalayan air. The IAF deployed Mi-17V5 helicopters for the operation
4 minutes ago
Shivam Dube took apart pace and spin alike on Wednesday in his blistering 65 off just 23 balls in India's unsuccessful 216-run chase against New Zealand in the fourth T20I. His incredible knock instilled faith in a pursuit, in which India had lost four of its most explosive batters by the 9th over
4 minutes ago
Buying a two-wheeler in Uttar Pradesh will now automatically come with two ISI-certified helmets: one for the rider and one for the pillion. The Uttar Pradesh Transport Department has issued an order making it mandatory for all automobile dealers to sell two ISI-marked helmets with every new
4 minutes ago
The 15-member squad retains 11 players from the 2024 edition, while notable newcomers include former New Zealand international Tom Bruce and uncapped Afghan-born pacer Zainullah Ihsan. Scotland have earned a remarkable late entry into the ICC Men's T20 World Cup 2026
4 minutes ago
OpenAI has introduced Prism, a new collaboration platform designed to support researchers working together in real time. The tool allows multiple users to edit the same document simultaneously, ensuring that changes, comments and suggestions are instantly synchronised through the cloud
4 minutes ago
The Economic Survey 2025-26 emphasises the need to retain students beyond Class 8, noting that the secondary age-specific net enrolment rate (NER) is still low at 52.2 per cent. Presented by Union Finance Minister Nirmala Sitharaman in Parliament on Thursday
4 minutes ago
US President said the move was in response to Canada's refusal to certify aircraft produced by Savannah, Georgia–based Gulfstream Aerospace. US President Donald Trump on Thursday threatened Canada with a 50% tariff on all the aircraft sold in the US
4 minutes ago
US President Donald Trump said on Thursday that he will announce his choice to replace Federal Reserve Chair Jerome Powell on Friday morning, according to Reuters. “I'll be announcing the Fed chair tomorrow morning," Trump said at the Kennedy Center on Thursday, the news agency reported
4 minutes ago
Opting for a night out on the town, where you are partying with friends, enjoying a few drinks, and having a late night, is all fun and games until the next morning, when the hangover hits. It not only affects your mind and cognitive abilities, but alcohol also irritates the stomach and intestines
4 minutes ago
**** UN chief Guterres cites India-EU trade agreement as he underlines need to support ‘multi-polarity'. US to return three ancient bronze sculptures to India. US State Department releases list of gifts from Indian leaders to US counterparts
4 minutes ago
Serena Williams has refused to shut down talk of a potential return to professional tennis, offering a carefully worded response that has reignited speculation around the sport's most decorated modern champion. Asked directly whether a comeback was on the cards
4 minutes ago
Men often seek out help for erectile difficulties, believing it is purely a sexual or performance-related concern. However, erectile health is closely linked to overall vascular and metabolic health and can serve as an early indicator of underlying heart disease. In many cases
4 minutes ago
Shukra Pradosh Vrat 2026 is a highly auspicious Friday fast dedicated to Lord Shiva and Goddess Parvati, observed with devotion during the Pradosh Kaal. Know the exact date, puja time, rituals, significance, and powerful mantras to seek blessings for peace, prosperity, and happiness
4 minutes ago
President Trump is reportedly preparing to nominate former Fed governor Kevin Warsh as the next Federal Reserve chair. Warsh, who visited the White House on Thursday, previously served on the central bank's Board of Governors and has advised Trump on economic policy
4 minutes ago
Mardaani 3 movie X review: Mardaani 3 is the third installment in the Mardaani franchise which was first started in 2014. Mardaani 3 movie X twitter review: Bollywood actress Rani Mukerji returned in her powerful cop avatar in 'Mardaani 3', making audiences spellbound with her gritty act
4 minutes ago
US President Donald Trump and his two sons have filed a billion-dollar lawsuit against the federal government over leaks of their business and personal tax returns. The civil complaint, filed in Miami federal court, seeks $10bn (£7.25bn) in damages
4 minutes ago
US President Donald Trump has cautioned close ally Britain against engaging with China. Prime Minister Keir Starmer is currently in Beijing for talks with Chinese leader Xi Jinping. Trump also stated it is dangerous for Canada to do business with China
4 minutes ago
![The 2017 National Health Policy (NHP) had committed to “increase health expenditure by Government as a percentage of GDP [Gross Domestic Product] from](http://newsorbit360.com/files/news/en/imgs/has-health-spending-by-the-centre-increased.webp?height=520)
The 2017 National Health Policy (NHP) had committed to “increase health expenditure by Government as a percentage of GDP [Gross Domestic Product] from the existing 1.15% to 2.5% by 2025.” While 2025 is now over, this basic goal is nowhere near realisation
4 minutes ago
