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DGCA issued 4 show-cause notices to Air India over 29 violations: Minister

DGCA issued 4 show-cause notices to Air India over 29 violations: Minister

by AIP Online Bureau | Aug 21, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management

The DGCA carried out 171 regulatory audits from 2020 to June 2025 to ensure safety in India’s civil aviation sector. New Delhi: The government on Thursday said that the Directorate General of Civil Aviation (DGCA) had issued four show-cause notices to Air India...
Staff shortages at India’s aviation regulator and air traffic control threaten safety, lawmakers say

Staff shortages at India’s aviation regulator and air traffic control threaten safety, lawmakers say

by AIP Online Bureau | Aug 21, 2025 | Indian News, Risk Management

Lawmakers were reviewing aviation safety in India in the aftermath of the deadly Air India Boeing Dreamliner crash that killed 260 people in June, the world’s worst aviation disaster in a decade. NEW DELHI: An Indian parliamentary committee on aviation has...

Talent eludes India’s BFSI global capability centres; market to hit $135 bn by 2032: report

by AIP Online Bureau | Aug 21, 2025 | Data, Eco/Invest/Demography, Technology

India is home to nearly 190 BFSI GCCs which employ nearly 540,000 professionals, accounting for one-fourth of the total GCC workforce, said the report. Mumbai: Rapidly expanding global capability centres of banking, financial services and insurance (BFSI) sector has...
Turkish ports asking ships to declare they are not linked to Israel, shipping sources say

Turkish ports asking ships to declare they are not linked to Israel, shipping sources say

by AIP Online Bureau | Aug 21, 2025 | Eco/Invest/Demography, International News, Risk Management

The guarantee letter should state that vessel owners, managers, and operators have no ties to Israel, and that certain types of cargo, including explosives and radioactive materials or military equipment, are not on board en route to Israel, the second source said....
Nayara turns to dark-fleet tankers and Russian oil for survival

Nayara turns to dark-fleet tankers and Russian oil for survival

by AIP Online Bureau | Aug 21, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

The refiner, part-owned by Russian oil major Rosneft PJSC, is an important pillar of the Indian market. Its 400,000 barrels-a-day processing plant accounts for 8% of the country’s refining, and the company operates 7% of its fuel stations. It’s been forced to reduce...
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