by AIP Online Bureau | Sep 15, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
“What we are most concerned on in this (AI) area is the rapid increase in debt and leverage,” head of economic analysis of BIS, Frank Smets, said. “And the fact that many of these financing deals are quite opaque. They’re often off balance sheet. They have sort of...
by AIP Online Bureau | Sep 15, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
AM Best, an insurance-focused credit rating firm, says the roughly 150 US captives it rates generated more than $8 billion in savings over the past five years. The ability to turn insurance from “a pure cost center into a potential profit center” is the corporate...
by AIP Online Bureau | Sep 15, 2026 | Data, Eco/Invest/Demography, Non-Life
Total two-wheeler sales increased 10.5 per cent to 20,34,698 units last month, as against 18,41,954 units in August last year, it added. New Delhi:Domestic passenger vehicle dispatches from companies to dealers rose 36.5 per cent year-on-year to 4,39,309 units in...
by AIP Online Bureau | Sep 15, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Technology
“To collectively strengthen our efforts to combat this harm, Meta will now report child safety matters directly to the cybercrime portal managed by I4C,” the spokesperson said. New Delhi:Amid a government crackdown on child sexual abuse and other harmful...
by AIP Online Bureau | Sep 15, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Technology
The government notified changes in its payments legislation on Monday, specifying that banks cannot impose charges on payments via Unified Payments Interface transactions of up to 2,000 rupees ($20.93). New India: The introduction of Merchant Discount Rate (MDR) on...
by AIP Online Bureau | Sep 15, 2026 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Technology
V D Satheesan.,Chief Minister,Keralam Chaired a high-level meeting to review the draft Keralam Policy for Elders and the Keralam State Elderly Persons (Care and Protection) Bill, 2026. Committed to ensuring statutory security, healthcare access, and a life of dignity...
by AIP Online Bureau | Sep 15, 2026 | Indian News, Intermediaries, Pension & Social Security
Department of Rural Development (DoRD) and the Pension Fund Regulatory and Development Authority (PFRDA) today signed a Memorandum of Understanding (MoU) to create and support a community-based outreach mechanism of ‘Pension Sakhis’ across rural India. New Delhi:In a...
by AIP Online Bureau | Sep 14, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Technology
Sanjay Joshi,CMD Oriental Insurance Company “We are targeting to make some profit this year…the proceeds from the NSE IPO would be booked as profit. It will improve the company’s financials. Besides, it is going to provide liquidity,” Oriental...
by AIP Online Bureau | Sep 14, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Hitesh Joshi,CMD, GIC Re Iranian President Masoud Pezeshkian, called for the creation of a BRICS reinsurance company with initial capital of $10 billion Hitesh Joshi,CMD, GIC Re, said, “With India holding the BRICS Presidency in 2026, GIC Re chaired meetings of...
by AIP Online Bureau | Sep 14, 2026 | Eco/Invest/Demography, Non-Life
The complainant firm is a wholly owned subsidiary of Switzerland-based Victorinox AG. It deals with export, import and distribution of travel bags, knives, luxury watches, cutlery and other consumer products manufactured by its parent company in India. The firm had...