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Govt notifies wage revision for PSU general insurance industry

Govt notifies wage revision for PSU general insurance industry

by AIP Online Bureau | Feb 11, 2026 | Indian News, Non-Life, Policy, Reinsurance

The overall hike in wage bill will be 12.41 per cent with an increase of 14 per cent on existing basic pay and dearness alowance.A total of 43,247 PSGIC employees will benefit from this revision.The total outgo for the six companies will be to the tune of Rs 8170.30...
Govt makes it mandatory to label AI-generated content to counter deepfake

Govt makes it mandatory to label AI-generated content to counter deepfake

by AIP Online Bureau | Feb 10, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

The amendments aim to address the growing risks posed by deepfakes and AI-driven misinformation, while balancing innovation with user safety and accountability. Non-compliance may attract penalties under the Information Technology Act, 2000, and other applicable...
Govt tightens grip on social media with new three-hour takedown rule

Govt tightens grip on social media with new three-hour takedown rule

by AIP Online Bureau | Feb 10, 2026 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology, Workplace/Employee Benefits

“An intermediary shall periodically inform its users, at least once every three months, in a simple and effective manner through its rules and regulations, privacy policy, user agreement, or any other appropriate means,” about the consequences of violating...
Govt deactivates 2.5 crore Aadhaar IDs of deceased to avoid fraud

Govt deactivates 2.5 crore Aadhaar IDs of deceased to avoid fraud

by AIP Online Bureau | Feb 4, 2026 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology

Jitin Prasada,Union Minister of State for Electronics and Information Technology The primary motivation for this purge is to close any loopholes that could enable the misuse of personal identities. According to the statement by the Ministry of Electronics & IT,...
Govt mulls allowing 49% FDI in PSU banks

Govt mulls allowing 49% FDI in PSU banks

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...
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