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HDFC Bank faces class-action lawsuit in US

HDFC Bank faces class-action lawsuit in US

by AIP Online Bureau | Aug 27, 2026 | Banking & Bancassurance, Indian News, Risk Management

The lawsuit alleges that HDFC promised Maharashtra State Road Development Corporation (MSRDC) a 6.01 per cent interest rate to attract big its deposits, which constituted a hefty 2.51 per cent markup over the standard 3.5 per cent savings rate offered to regular...
India’s Financial Inclusion Index rises from 53.9 in 2018 to 67 in 2026

India’s Financial Inclusion Index rises from 53.9 in 2018 to 67 in 2026

by AIP Online Bureau | Aug 27, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life

The Pradhan Mantri Jan Dhan Yojana (PM-JDY) accounts have grown four times since 2015 to 59.09 crore and deposits have risen 20-fold to Rs 3,16,514 crore.Nearly 45.95 crore PM-JDY accounts are in rural and semi-urban areas, while 13.14 crore are in urban and...
IndiaFirst Life redrafts its IPO plans, to deploy Salesforce Agentforce for AI overhaul

IndiaFirst Life redrafts its IPO plans, to deploy Salesforce Agentforce for AI overhaul

by AIP Online Bureau | Aug 27, 2026 | Indian News, Life, Technology

Rushabh Gandhi, Managing Director & CEO, IndiaFirst Life Insurance and Arundhati Bhattacharya, President and CEO, Salesforce – South Asia at an event in Mumbai to announce partnership between IndiaFirst Life Insurance and Saleforce Rushabh Gandhi, Managing...
Climate change reshaping health outcomes and straining healthcare systems in Asia

Climate change reshaping health outcomes and straining healthcare systems in Asia

by AIP Online Bureau | Aug 27, 2026 | Eco/Invest/Demography, Health, International News, Non-Life, Policy, Reinsurance, Risk Management

The annual financing gap for health-focused climate adaptation across Asia-Pacific stands at approximately US$3.52 billion through to 2030, more than six times the funding currently available Mumbai:Across Asia, climate change is reshaping health...
Bihar on alert after Nepal flash flood, 1.5 lakh cusecs released from Gandak barrage at 11 pm

Bihar on alert after Nepal flash flood, 1.5 lakh cusecs released from Gandak barrage at 11 pm

by AIP Online Bureau | Aug 27, 2026 | Eco/Invest/Demography, Indian News

Nearly 100 people were killed and over 750, including 133 Indian nationals, remain missing after a massive flash flood originating in Tibet swept through central Nepal, devastating several towns and villages, washing away critical bridges, and crippling a dozen...
Bihar on alert after Nepal flash flood, 1.5 lakh cusecs released from Gandak barrage at 11 pm

558 people are missing in Tibet after floods that left hundreds of others also missing in Nepal

by AIP Online Bureau | Aug 27, 2026 | Disaster & Management, Eco/Invest/Demography, International News

Chinese state broadcaster CCTV reported that 260 of the 558 missing people were foreigners and two villagers were rescued. At least three people were killed as of Thursday morning, it said. UDIN DHUNGA, Nepal:China’s Xinhua News Agency said Thursday that mudslides in...
Iran, Oman agree to share Strait of Hormuz revenue

Iran, Oman agree to share Strait of Hormuz revenue

by AIP Online Bureau | Aug 26, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“Agreements have been reached regarding each country’s share of the strait’s waters as well as Iran and Oman’s share of its revenues,” the Islamic Revolutionary Guard Corps’ spokesman Hossein Mohebbi said on Wednesday, according to the state-run Sepah News agency....
Sharia-compliant Qatar Islamic Insurance Group receives license to set up operations in GIFT-IFSC

Sharia-compliant Qatar Islamic Insurance Group receives license to set up operations in GIFT-IFSC

by AIP Online Bureau | Aug 26, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

It will be joining other leading players Abu Dhabi National Insurance Company, Doha Insurance Group and Kuwait Reinsurance Company, from the gulf region to open offices in GIFT IFSC. Mumbai:Qatar Islamic Insurance Group (QIIG), a leading Sharia-compliant insurance...
Meta reaches $16.68 billion settlement over social media harms to children

Meta reaches $16.68 billion settlement over social media harms to children

by AIP Online Bureau | Aug 26, 2026 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

The settlement resolves claims brought by 29 U.S. states, and will end a federal trial that had been one of the highest-profile tests yet of allegations that social media companies harmed young users. Meta will impose daily usage limits and restrict nighttime usage by...
MS Amlin expands cyber portfolio with senior underwriting hires

MS Amlin expands cyber portfolio with senior underwriting hires

by AIP Online Bureau | Aug 26, 2026 | Intermediaries, International News, Technology

“As market conditions evolve, we are focused on broadening out parts of our existing portfolio where we see the potential for further growth. Cyber is one of those areas, and we believe there is a clear opportunity to build a larger and more meaningful position in the...
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Recent Posts

  • HDFC Bank faces class-action lawsuit in US
  • India’s Financial Inclusion Index rises from 53.9 in 2018 to 67 in 2026
  • IndiaFirst Life redrafts its IPO plans, to deploy Salesforce Agentforce for AI overhaul
  • Climate change reshaping health outcomes and straining healthcare systems in Asia
  • Bihar on alert after Nepal flash flood, 1.5 lakh cusecs released from Gandak barrage at 11 pm

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