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Investigators find no fault in Air India fuel control switch, Examining thrust control module:Govt

Investigators find no fault in Air India fuel control switch, Examining thrust control module:Govt

by AIP Online Bureau | Jul 29, 2026 | Indian News, Technology

While the fuel control switch has been cleared of any defect so far, the examination of the complete thrust control module is still underway, with investigators awaiting the outcome of the ongoing inspection. New Delhi: Investigators have found no abnormality in the...
LIC hands over Rs 12,207 cr dividend to Sitharaman

LIC hands over Rs 12,207 cr dividend to Sitharaman

by AIP Online Bureau | Jul 29, 2026 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy

Union Minister of Finance and Corporate Affairs Nirmala Sitharaman(centre) receiving a dividend cheque from the senior management of Life Insurance Corporation LIC is completing 70 years since its incorporation and as at 31.03.2026 has an asset base of ₹ 59.03 Lakh...
Andhra Pradesh joins PMMSY’s Group Accidental Insurance Scheme

Andhra Pradesh joins PMMSY’s Group Accidental Insurance Scheme

by AIP Online Bureau | Jul 29, 2026 | Workplace/Employee Benefits

During the current financial year 2026-27, proposal for coverage of 2,84,888 fishers have been received. Besides, the claim filing and settlement process under GAIS is governed by the policy terms and conditions. New Delhi:The Department of Fisheries, Ministry of...
Red Sea shipping slows as security threats, insurance curbs reshape vessel routes: S&P Global

Red Sea shipping slows as security threats, insurance curbs reshape vessel routes: S&P Global

by AIP Online Bureau | Jul 28, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

S&P Global said daily traffic through the Bab el-Mandeb remained subdued, recording 32 vessel transits on July 26 after 26 on July 25 and 36 on July 24. The decline coincided with reports that several major insurers had suspended war-risk cargo cover for...
LIC appoints Shatmanyu Shrivastava as CFO, Varadarajan Muthuvenkataraman as Chief Risk Officer

LIC appoints Shatmanyu Shrivastava as CFO, Varadarajan Muthuvenkataraman as Chief Risk Officer

by AIP Online Bureau | Jul 28, 2026 | Indian News, Life

The appointments were approved by LIC’s Board of Directors at its meeting held on Tuesday on the recommendation of the Nomination & Remuneration Committee New Delhi: Life Insurance Corporation of India (LIC) has appointed Shatmanyu Shrivastava as its chief...
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