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DoT introduces ‘Financial Fraud Risk Indicator’ to fight cyber fraud

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

This will enhance cyber protection and validation checks in case of mobile numbers flagged with this tool, when digital payment is proposed to be made to such numbers New Delhi: In a major step towards combating cyber fraud and financial crime, the Department of...
Sebi cautions investors on stock market scams through social media platforms

Sebi cautions investors on stock market scams through social media platforms

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

Sebi has observed that such entities use various strategies to gain investors’ trust and confidence. Generally, these entities send unsolicited invitations in the form of links to join WhatsApp groups — often under names like “VIP Group” or...

Central govt employees retiring day before annual pay hike date to get notional increment

by AIP Online Bureau | May 21, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

As specifically mentioned in the orders of the apex court, “grant of the notional increment on January 1/July 1 shall be reckoned only for the purpose of calculating the pension admissible, and not for the purpose of calculation of other pensionary...

Japan’s 3 major casualty insurers plan to sell $9.5 billion of cross-held shares

by AIP Online Bureau | May 21, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation

Eliminating cross shareholdings is seen by many as a yardstick for measuring corporate governance reform at Japanese companies. Japan’s industry body for non-life insurers told its members in September to cut their cross-shareholdings in the aftermath of a...
Climate risks cost EU farmers 28 billion euros a year, EU says

Climate risks cost EU farmers 28 billion euros a year, EU says

by AIP Online Bureau | May 21, 2025 | Workplace/Employee Benefits

“Climate change and its consequences could restrict farmers’ access to finance, as banks could become even more reluctant to take risks than they are today,” Christophe Hansen, the EU’s commissioner for agriculture and food, said in a statement, urging action to...
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