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RBI flags AI-Powered cyberattacks as biggest threat to banks, NBFCs

RBI flags AI-Powered cyberattacks as biggest threat to banks, NBFCs

by AIP Online Bureau | Jul 2, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Risk Management, Technology

“AI-enabled cyber attacks emerged as the most important near-term challenge,” it said in the comments that come amid heightened commentary around the capabilities of systems like Mythos. Mumbai:Artificial intelligence-enabled cyberattacks were classified...
IRDAI issues license to Prudential HCL Health Insurance

IRDAI issues license to Prudential HCL Health Insurance

by AIP Online Bureau | Jul 1, 2026 | Health, Indian News

Prudential Health India.Prudential plc (UK) and HCL Group announced a 70:30 joint venture in March 2025 to launch a standalone health insurance business in India. Hyderabad: The Insurance Regulatory and Development Authority of India (IRDAI) has granted Certificate of...
Hormuz half-open: tanker fleet prices in recovery hope

Hormuz half-open: tanker fleet prices in recovery hope

by AIP Online Bureau | Jun 30, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Daily rates for a VLCC from the Middle East to China are currently quoted around $287,000, which is down from more than $500,000 shortly before the ​peace accord was announced.In contrast, rates for chartering smaller tankers have edged higher as the heavy...
Australian consumer regulator sues Amazon over Prime Video advertising

Australian consumer regulator sues Amazon over Prime Video advertising

by AIP Online Bureau | Jun 30, 2026 | Eco/Invest/Demography, International News, Regulation, Technology

The Australian Competition & Consumer Commission said Tuesday it has commenced proceedings in the Federal Court alleging Amazon breached consumer law by including unfair contract terms in its Prime subscription contracts. It also alleges Amazon later relied on...
Stop miscommunicating, build trust, not fear, to achieve insurance for All: Seth urges life insurers

Stop miscommunicating, build trust, not fear, to achieve insurance for All: Seth urges life insurers

by AIP Online Bureau | Jun 30, 2026 | Health, Indian News, Life, Regulation

R Doraiswamy, MD&CEO, Life Insurance Corporation and Ajay Seth, Chairman, IRDAI at an event on Tuesday in Mumbai , Seth raised concerns over selling long-term products without considering customer needs, questioning the rationale for selling term insurance to an...
Economy resilient but risks from monsoon, geopolitical uncertainties remain: FinMin report

Economy resilient but risks from monsoon, geopolitical uncertainties remain: FinMin report

by AIP Online Bureau | Jun 30, 2026 | Eco/Invest/Demography, Indian News, Risk Management

Nirmala Sitharaman,Union Finance Minister At the same time, moderation in select indicators, including core industries, fuel consumption, air passenger traffic, consumer confidence, and labour market indicators, suggests some easing in momentum,” it said. New...
India records fifth driest June since 1901 as monsoon rains lag

India records fifth driest June since 1901 as monsoon rains lag

by AIP Online Bureau | Jun 30, 2026 | Eco/Invest/Demography, Indian News, Risk Management

India received 99.5 mm of rainfall in June ‌against ⁠a normal of 165.3 mm, the weather department data showed, as the monsoon reached the southern state of Kerala three ​days late ​and its ⁠advance across western farming regions stalled for about two weeks....
Hormuz half-open: tanker fleet prices in recovery hope

Renewed vessel attacks disrupt shipping through Strait of Hormuz

by AIP Online Bureau | Jun 29, 2026 | Eco/Invest/Demography, International News, Workplace/Employee Benefits

Global investors, shipowners and insurers are zeroed in on activity in the chokepoint, which stands as a litmus test of whether the peace deal will endure and whether heavily disrupted supply chains can start to normalize. Commercial traffic through the Strait of...
AI Boom, high debt and market fragilities threaten global stability: BIS

AI Boom, high debt and market fragilities threaten global stability: BIS

by AIP Online Bureau | Jun 29, 2026 | Eco/Invest/Demography, Intermediaries

The central bank umbrella group’s Annual Economic Report published on Sunday warned of a complex mix of vulnerabilities, including strained fiscal positions, lingering supply shocks and the risk of a renewed bout of stubbornly high inflation. Global pressures from...
India’s social protection coverage, renewables capacity nearly triples in a decade: Ministry

India’s social protection coverage, renewables capacity nearly triples in a decade: Ministry

by AIP Online Bureau | Jun 29, 2026 | Eco/Invest/Demography, Indian News

The data released by the Ministry of Statistics and Programme Implementation on SDG indicators showed that the proportion of the population covered by social protection systems rose from 22 per cent in 2016 to 65.3 per cent in 2026. New Delhi: India has significant...
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Recent Posts

  • RBI flags AI-Powered cyberattacks as biggest threat to banks, NBFCs
  • IRDAI issues license to Prudential HCL Health Insurance
  • Hormuz half-open: tanker fleet prices in recovery hope
  • Australian consumer regulator sues Amazon over Prime Video advertising
  • Stop miscommunicating, build trust, not fear, to achieve insurance for All: Seth urges life insurers

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