by AIP Online Bureau | Feb 2, 2026 | Eco/Invest/Demography, Health, International News
Geneva-based Trafigura alleged Gupta was the mastermind of a fraudulent “Ponzi scheme” in which he and his companies agreed to provide high-quality 99.8% pure nickel but delivered low-value or even worthless materials instead. London:Trafigura won its London lawsuit...
by AIP Online Bureau | Feb 2, 2026 | Health, Indian News, Life, Non-Life, Regulation
Ajay Seth, chairman, IRDAI “We are working on the regulations pertaining to the new commission structure in the industry. There will not be any surprise element in it. We will soon put out a consultative paper on it and will like to have industry views...
by AIP Online Bureau | Feb 2, 2026 | Indian News, Regulation, Risk Management, Technology
“After receiving this initial information, we have grounded the said aircraft and are involving the OEM to get the pilot’s concerns checked on a priority basis. The matter has been communicated to the aviation regulator, DGCA. Air India had checked the...
by AIP Online Bureau | Feb 2, 2026 | Eco/Invest/Demography, Indian News, Technology, Wealth Management/ Philanthropy
The proposal is aimed at ensuring compliance with Section 509 of the Income-tax Act, 2025 and creating a deterrent against non-reporting and incorrect disclosures related to crypto assets.Under the proposed rules, platforms and entities dealing in crypto assets will...
by AIP Online Bureau | Feb 2, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
M. Nagaraju, secretary, Department of Financial Services Foreign ownership in State Bank of India – the country’s largest lender – and 11 other state-owned banks is capped at 20%, a legacy restriction rooted in the government’s desire to retain strategic...
