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RBI tells Par panel that virtual digital assets like cryptocurrency a threat to economy

RBI tells Par panel that virtual digital assets like cryptocurrency a threat to economy

by AIP Online Bureau | Jul 2, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

The RBI also told the Parliamentary Standing Committee on Finance, headed by BJP member Bhartruhari Mahtab, that China and Qatar are among the countries that have banned such financial activities, while Europe has allowed virtual digital assets in a very stringent,...
After WhatsApp, IT Ministry sends notice to Telegram, Signal over username feature

After WhatsApp, IT Ministry sends notice to Telegram, Signal over username feature

by AIP Online Bureau | Jul 2, 2026 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology

In its notice to WhatsApp, the government had expressed concern that the proposed username feature may “materially increase” cases of online fraud, phishing, digital arrest scams, and impersonation attacks by enabling bad actors to solicit and message victims. New...
RBI flags AI-Powered cyberattacks as biggest threat to banks, NBFCs

RBI flags AI-Powered cyberattacks as biggest threat to banks, NBFCs

by AIP Online Bureau | Jul 2, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Risk Management, Technology

“AI-enabled cyber attacks emerged as the most important near-term challenge,” it said in the comments that come amid heightened commentary around the capabilities of systems like Mythos. Mumbai:Artificial intelligence-enabled cyberattacks were classified...
IRDAI issues license to Prudential HCL Health Insurance

IRDAI issues license to Prudential HCL Health Insurance

by AIP Online Bureau | Jul 1, 2026 | Health, Indian News

Prudential Health India.Prudential plc (UK) and HCL Group announced a 70:30 joint venture in March 2025 to launch a standalone health insurance business in India. Hyderabad: The Insurance Regulatory and Development Authority of India (IRDAI) has granted Certificate of...
Hormuz half-open: tanker fleet prices in recovery hope

Hormuz half-open: tanker fleet prices in recovery hope

by AIP Online Bureau | Jun 30, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Daily rates for a VLCC from the Middle East to China are currently quoted around $287,000, which is down from more than $500,000 shortly before the ​peace accord was announced.In contrast, rates for chartering smaller tankers have edged higher as the heavy...
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