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Need to establish permanent body for consumer disputes SC to Centre

Need to establish permanent body for consumer disputes SC to Centre

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

“The Union of India is directed to file an affidavit on the feasibility of a permanent adjudicatory forum for consumer disputes, either in the form of a consumer tribunal or a consumer court, within a period of three months from today, on the touchstone of the...
Paytm founder calls out scamster impersonating him shares screenshots of hilarious exchange

Paytm founder calls out scamster impersonating him shares screenshots of hilarious exchange

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

Vijay Shekhar Sharma,Paytm founder and CEO The encounter, which left many netizens in splits, also spotlighted the darker side of the digital world, where unsuspecting individuals are targeted by scamsters using sophisticated manoeuvres, advanced techniques, fake...

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...
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