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...
by AIP Online Bureau | Sep 10, 2026 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Policy
While energy transition focuses on reducing future emissions, climate adaptation is becoming increasingly important for countries already dealing with climate-related risks. As India prepares to host the 18th BRICS Summit, climate action is emerging as an important...
by AIP Online Bureau | Sep 10, 2026 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The overall mutual fund industry saw a decline in net inflow to Rs 41,353 crore in August compared to a staggering Rs 2.36 lakh crore in July. This was primarily driven by debt-oriented schemes, which experienced an outflow of Rs 8,127 crore as compared to an inflow...
by AIP Online Bureau | Sep 10, 2026 | Indian News, Regulation
The moves come against the backdrop of the pilot-in-command of an Air India Phuket-Delhi flight, which suddenly lost nearly 300 feet altitude leaving many passengers injured on August 4, testing positive for drug use. New Delhi: Aviation watchdog DGCA has ordered drug...
