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FM calls for exceptional vigilance on cybersecurity risks in financial system

FM calls for exceptional vigilance on cybersecurity risks in financial system

by AIP Online Bureau | Apr 25, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

Nirmala Sitharaman,Union Finance Minister “…not just Sebi but all regulated entities will have to remain exceptionally vigilant. The tools of attack are evolving at high speed, and the tools of defence must evolve even faster,” Union Finance Minister...
New Insurance Act enshrines transparency in IRDAI’s functioning: Ajay Seth

New Insurance Act enshrines transparency in IRDAI’s functioning: Ajay Seth

by AIP Online Bureau | Apr 24, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Regulation

Ajay Seth, chairman, IRDAI “To my mind, that was the first time an act(The Sabka Bima Sabki Raksha (amendment of Insurance laws) Act, 2025) is talking about transparency in governance of the regulator. Now, that again is an indication of what the Indian...
Policybazar grows its NRI biz in GIFT City

Policybazar grows its NRI biz in GIFT City

by AIP Online Bureau | Apr 24, 2026 | Eco/Invest/Demography, Indian News, Technology, Wealth Management/ Philanthropy

Bimal Menon, principal officer, Policybazaar’s GIFT City Branch, said, “Among NRIs, GIFT City is gaining strong momentum as a preferred investment hub. This shift is driven by benefits including tax-free gains u/s 10(10D), availability of US Dollar denominated market...
Govt forms panel under SBI chief Setty to assess Mythos-related risks: Sitharman

Govt forms panel under SBI chief Setty to assess Mythos-related risks: Sitharman

by AIP Online Bureau | Apr 24, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

Nirmala Sitharaman,Union Finance Minister There will be a lot of interaction among banks over the next few weeks to understand the threats and also look at the areas where additional investments will be required, Sitharaman said. She said all this while, the system...
Microsoft must face $2.8 billion UK lawsuit over cloud computing licences

Microsoft must face $2.8 billion UK lawsuit over cloud computing licences

by AIP Online Bureau | Apr 24, 2026 | Eco/Invest/Demography, International News, Technology

Competition lawyer Maria Luisa Stasi is bringing the case on behalf of nearly 60,000 businesses that run Windows Server on rival cloud platforms. Her lawyers have ​previously said the claim was worth up to 2.1 billion pounds ($2.8 ​billion). LONDON: Microsoft must...
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