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Govt aggregating PSUs’ demand to ensure long-term charters for Indian carriers

Govt aggregating PSUs’ demand to ensure long-term charters for Indian carriers

by AIP Online Bureau | Oct 29, 2025 | Eco/Invest/Demography, Indian News, Policy

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri “Oil marketing companies use vessels for crude imports. To reduce recurring cost through ownership of vessels (ships), we are aggregating PSU cargo demand to ensure long-term charters for Indian...

Govt plans to hike foreign investment cap in state-run banks to 49%, source says

by AIP Online Bureau | Oct 27, 2025 | Banking & Bancassurance, Indian News, Policy, Regulation

Foreign interest in India’s banking industry is on the rise as evidenced by Dubai-based Emirates NBD’s recent $3 billion purchase of a 60% stake in RBL Bank and Sumitomo Mitsui Banking Corp’s $1.6 billion acquisition of a 20% stake in Yes Bank which...
Govt considers introducing nationwide climate-linked insurance scheme

Govt considers introducing nationwide climate-linked insurance scheme

by AIP Online Bureau | Oct 7, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Reinsurance

The National Disaster Management Authority, the finance ministry and GIC Re and other top reinsurers and insurers are exploring coverage options and funding mechanisms, the official added. MUMBAI: India’s government has begun early-stage talks with local...

Govt proposes to make online money game rules violation non-bailable entire company staff liable

by AIP Online Bureau | Oct 4, 2025 | Eco/Invest/Demography, Indian News, Regulation, Technology

Section 5 under the draft rules prohibits entities from offering, aiding, abetting, inducing or engaging in online money games and online money gaming services. Section 7 bars banks, financial institutions, or any other person from facilitating financial transactions...
Govt proposes sound alert system for all electric vehicles from October 2027

Govt proposes sound alert system for all electric vehicles from October 2027

by AIP Online Bureau | Sep 29, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

The ministry in a draft notification said that all new models of electric passenger and goods vehicles manufactured after October 2026 must be equipped with AVAS, a safety feature in EVs to emit an artificial sound to alert pedestrians and other road users about their...
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