by AIP Online Bureau | Sep 11, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Technology
The Consumer Protection (E-Commerce) Rules, 2020, notified under the Consumer Protection Act, 2019, provide the framework for safeguarding consumers against unfair trade practices in the e-commerce sector. The amended Rules 2026 further strengthen this framework in...
by AIP Online Bureau | Sep 11, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
The strike call given by the UFBU, an umbrella body of seven unions representing 90 per cent of officer and employee strength, did not impact the functioning of private sector banks. NEW DELHI: Banking services, especially at public sector banks across the country,...
by AIP Online Bureau | Sep 11, 2026 | Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy
The IPO will be entirely an offer for sale (OFS) of up to 12.64 crore equity shares by existing shareholders including some state owned insurers , compared with 14.9 crore shares planned earlier. The reduction in the OFS size has brought down the overall issue size...
by AIP Online Bureau | Sep 10, 2026 | Eco/Invest/Demography, Indian News, Non-Life
The underwriting blowout has virtually wiped out industry profitability. Aggregate net profit plunged 92% year-on-year to just Rs 953 crore in FY26, while the industry’s average combined ratio deteriorated sharply from 112.61% in FY25 to 117.83%, underscoring the...
by AIP Online Bureau | Sep 10, 2026 | Eco/Invest/Demography, International News
Saudi Arabia, the world’s largest oil exporter, has relied on the Red Sea route since the Iran conflict effectively closed Hormuz, through which a fifth of global oil used to flow. CAIRO/WASHINGTON/DUBAI: Iran-aligned Houthis seized control of Yemen’s...
by AIP Online Bureau | Sep 10, 2026 | International News, Technology
The financial fallout from the fault at the National Air Traffic Services “will run into tens of millions of pounds, falling entirely on airlines,” Tim Alderslade, chief executive officer for industry group Airlines UK, wrote Wednesday in a letter to UK Transport...
by AIP Online Bureau | Sep 10, 2026 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
Union Minister for Communications Jyotiraditya Scindia cited the Financial Fraud Risk Indicator (FFRI), mandated by the Reserve Bank of India, as part of efforts to identify suspicious transactions and strengthen coordination across the banking ecosystem.The system...
by AIP Online Bureau | Sep 10, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
Sanjay Malhotra,Governor, Reserve Bank of India Reserve Bank of India Governor Sanjay Malhotra cautioned companies against adopting a strategy of scaling first and seeking regulatory forgiveness later, saying that firms attempting to outrun regulations could...
by AIP Online Bureau | Sep 10, 2026 | Indian News, Pension & Social Security
Sivasubramanian Ramann, Chairman,PFRDA NPS Swasthya is a health-focused pension product under the National Pension System that allows subscribers to set aside part of their retirement corpus for medical expenses. PFRDA introduced it initially as a proof of concept...
by AIP Online Bureau | Sep 10, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
Pandey said sufficiently advanced quantum computing could pose a risk to the cryptographic systems currently used to secure digital information. Mumbai: The Securities and Exchange Board of India (SEBI) is preparing the securities market for cybersecurity risks that...
