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...
by AIP Online Bureau | Jan 24, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
The White Paper, released by the Office of the Principal Scientific Adviser to the Government, emphasises the contours of a “techno-legal” AI governance framework that aims to mitigate risks while preserving flexibility and innovation. New Delhi: The...
by AIP Online Bureau | Jan 23, 2026 | Indian News, Non-Life, Policy
The wage revision for the employees of PSGICs will be effective from 01.08.2022. The overall hike in wage bill shall be 12.41% with an increase of 14% on existing Basic pay and Dearness allowance. A total of 43,247 PSGIC employees will benefit from this revision. The...
by AIP Online Bureau | Jan 13, 2026 | Indian News, Policy
Section 17A of the Prevention of Corruption Act, 1988, introduced in July 2018, bars any “enquiry or inquiry or investigation” against a public servant for recommendations made in discharge of official duties without prior approval from the competent authority. New...
by AIP Online Bureau | Jan 8, 2026 | Indian News, Risk Management, Technology
Under vehicle-to-vehicle(V2V) communication technology, the driver is alerted about speed, location, acceleration, spot vehicles in blind spots and braking of other vehicles in real-time in the vicinity, allowing him or her to take necessary action. New Delhi: The...
