by AIP Online Bureau | Jan 31, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology
“Any entity other than the Ministry or Department… which is desirous of utilising Aadhaar authentication, shall prepare a proposal with justification in regard to the authentication sought being for a purpose specified in rule 3 and in the interest of state, and...
by AIP Online Bureau | Jan 31, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation
The report suggested that regulators set up an independent Regulatory Impact Assessment (RIA) agency internally. The RIA would directly report to the board of the regulator, which includes members from the government and independent directors. MUMBAI: India’s...
by AIP Online Bureau | Jan 27, 2025 | Eco/Invest/Demography, Indian News, Policy
In 2021, Modi’s government announced a major programme to privatise most of India’s state-run companies. The plan was so drastic that even in the four sectors that India sees as sensitive, such as telecoms and banking, it wanted to keep only a minimum...
by AIP Online Bureau | Jan 26, 2025 | Eco/Invest/Demography, Policy, Regulation, Technology
IST shall be the mandatory time reference across all sectors, including commerce, transport, public administration, legal contracts, and financial operations,” as per the draft rule. Key provisions include, prohibition of time references other than IST for official...
by AIP Online Bureau | Jan 22, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
As well as extending approvals for some sanctioned providers, India’s Directorate General of Shipping authorized Soglasie Insurance Co. to provide insurance for vessels entering Indian ports until February 2026, according to to the regulator’s website. As Soglasie...
