by AIP Online Bureau | Mar 10, 2025 | Banking & Bancassurance, Indian News, Regulation, Technology
Sanjay Malhotra,Governor , RBI “We will continue to encourage innovation while promoting safety and security through soft touch regulations,” the RBI chief said and added that the central bank has adopted a soft-touch approach to regulating the payments...
by AIP Online Bureau | Mar 10, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, International News, Non-Life, Reinsurance, Risk Management
The cost of climate disasters may double in the 30 years through 2050, reaching a cumulative €143 billion ($155 billion), the French government said in an adaptation plan. At a briefing in Paris, Ecology Minister Agnes Pannier-Runacher said climate change is a...
by AIP Online Bureau | Mar 10, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management
In a circular on ‘Exposure to Forward Contracts in Government Securities (Bond Forwards)’, Insurance Regulatory and Development Authority of India (Irdai) said that in view of the RBI’s directions and considering insurers requests for introduction of...
by AIP Online Bureau | Mar 10, 2025 | Disaster & Management, International News, Non-Life, Risk Management
The tanker, believed to be the U.S.-flagged chemical and oil products carrier MV Stena Immaculate, was at anchor at the time after sailing from Greece, according to ship-tracking site VesselFinder. The cargo vessel, Portugal-flagged container ship Solong, was sailing...
by AIP Online Bureau | Mar 10, 2025 | International News, Risk Management, Technology
During the downtime, X stopped working completely while the users were unable to post tweets or even open pages on the platform New Delhi: Elon Musk-run X went down on Monday in a massive global outage, including in India, as users were unable to access the...
