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Need to harmonise regulations across regulators to reduce compliance friction:DEA Secy

Need to harmonise regulations across regulators to reduce compliance friction:DEA Secy

by AIP Online Bureau | Nov 17, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

Given the rapidly evolving landscape, Department of Economic Affairs Secretary Anuradha Thakur(in pic) emphasised the need for continued reforms and sustained focus on areas such as prudent regulation, disclosure and governance standards, gradual and controlled...
Tampering with mobile IMEI non-bailable offence, attracts 3-yr imprisonment, Rs 50 lakh penalty: DoT

Tampering with mobile IMEI non-bailable offence, attracts 3-yr imprisonment, Rs 50 lakh penalty: DoT

by AIP Online Bureau | Nov 17, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

“DoT emphasises that these regulations are essential for maintaining telecom cyber security, preventing counterfeiting, facilitating law enforcement, and ensuring proper tax collection. Strict compliance protects India’s telecom infrastructure from...
Exempt life insurance from GST to enable insurers to claim ITC benefits: LIC MD Patnaik

Exempt life insurance from GST to enable insurers to claim ITC benefits: LIC MD Patnaik

by AIP Online Bureau | Nov 17, 2025 | Eco/Invest/Demography, Indian News, Life, Policy

Ratnakar Patnaik,managing director,LIC, appealed to the government for a review into the three-year-old policy of taxing maturity proceeds for policies with premium of over Rs 5 lakh. “Is it time to upgrade or revise upwards to up to Rs 10 lakh, the maturity...
Around 1.3 million transformer failures occur in India annually

Around 1.3 million transformer failures occur in India annually

by AIP Online Bureau | Nov 17, 2025 | Data, Eco/Invest/Demography, Risk Management, Technology

In a meeting on Distribution Transformer, it has been highlighted that the “national distribution transformer failure rate averages around 10 per cent, amounting to nearly 1.3 million transformer failures annually”. New Delhi: Around 1.3 million...
DPDP Rules:Centre mulls compressing timeline cites industry’s adherence to global data norms

DPDP Rules:Centre mulls compressing timeline cites industry’s adherence to global data norms

by AIP Online Bureau | Nov 17, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

“So as we go forward once data protection board is put in place and the complete digital framework, which has already been prepared, is rolled out… after that we will have further amendments in rules so that we can compress the timelines,” IT Minister...
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