by AIP Online Bureau | Dec 18, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance, Risk Management
The Bill introduces an elaborate framework on duties and liabilities, including civil liability for nuclear damage. It caps the maximum liability for each nuclear incident at the rupee equivalent of 300 million Special Drawing Rights, with the Central Government...
by AIP Online Bureau | Dec 16, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation, Reinsurance
Finance minister Sitharaman, while speaking in the Lok Sabha, said, “IRDAI being empowered to disgorge wrongful gains made by insurers and distribute them to affected insurance policyholders.We are asking regulators to rationalise the penalty.” The government is yet...
by AIP Online Bureau | Dec 16, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
Nirmala Sitharaman,Union Finance Minister “We want the regulator (Insurance Regulatory and Development Authority of India) also to be more robust. We have taken measures around this in the amendment ranging from better regulatory oversight, ease of compliance,...
by AIP Online Bureau | Aug 20, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology
The bill also seeks to prohibit advertisement related to online money games and bars banks and financial institutions from transferring funds for any of such games New Delhi: The Lok Sabha on Wednesday passed a bill to ban the operating, facilitating and advertising...
by AIP Online Bureau | Aug 17, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
Over 350 provisions are proposed to be amended through this bill for decriminalising and rationalising offences to further enhance trust-based governance for ease of living and doing business New Delhi: The Jan Vishwas (Amendment) Bill 2025 to decriminalise certain...
