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Banks must compensate digital fraud victims for loss if due-diligence failure established: SC

Banks must compensate digital fraud victims for loss if due-diligence failure established: SC

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

“We emphasise that the regulatory measures proposed by the RBI must mandate financial institutions to indemnify victims of digital arrest or cyber fraud through suitable compensation, not less than the amount lost by the customer, where the fraud or crime is...
Ayushman Vay Vandana: 23.46 lakh authorised hospital admissions, treatment value at ₹5,669 crore in 2 yrs

Ayushman Vay Vandana: 23.46 lakh authorised hospital admissions, treatment value at ₹5,669 crore in 2 yrs

by AIP Online Bureau | Oct 29, 2026 | Health, Indian News, Non-Life, Policy

Under the Ayushman Vay Vandana scheme,cataract surgery is the most frequently availed procedure, with 4.71 lakh treatments constituting approximately 20.1 per cent of all authorised treatments. Chronic haemodialysis ranks next, with approximately 2.90 lakh treatments,...
MS Amlin launches AI wordings tool ahead of January renewal season

MS Amlin launches AI wordings tool ahead of January renewal season

by AIP Online Bureau | Oct 29, 2026 | International News, Non-Life, Reinsurance, Technology

Known internally as Wordy Bot, the tool analyses reinsurance contracts against MS Amlin’s underwriting standards, identifying missing clauses, wording differences and potential inconsistencies for review by its underwriters and Wordings team. London: MS Amlin, the...
Anthropic filing reveals concerns over data center pushback

Anthropic filing reveals concerns over data center pushback

by AIP Online Bureau | Oct 28, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Technology

Lionella Pezza, director of impact research at Domini Impact Investments, said Anthropic’s IPO filing is a reflection of just how important sustainability is for AI companies. At the same time, “there is not sufficient disclosure about the company’s environmental...
Climate change a growing health emergency, Lancet Countdown warns

Climate change a growing health emergency, Lancet Countdown warns

by AIP Online Bureau | Oct 28, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Regulation, Technology

The report’s authors call for climate change to be formally recognized and addressed as a global health emergency, and for health considerations to be integrated across climate mitigation, adaptation and financing decisions. Priorities include accelerating...
SBI Life Insurance net profit rises 11% to Rs 549 crore in Q2FY27

SBI Life Insurance net profit rises 11% to Rs 549 crore in Q2FY27

by AIP Online Bureau | Oct 28, 2026 | Indian News, Life

Amit Jhingran, MD & CEO of SBI Life SBI Life’s value of new business (VNB), which measures the expected profitability of policies sold during a period, grew 12% year-on-year to Rs 1,860 crore. Its VNB margin improved to 29.2% from 27.9% in the year-ago quarter,...
South Korea’s financial industry hit by a second wave of cyberattacks in a month

South Korea’s financial industry hit by a second wave of cyberattacks in a month

by AIP Online Bureau | Oct 28, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

Organizations worldwide are also working to patch critical flaws in PHP, an open-source programming language widely used across the internet, amid disruptions that have prompted banks, airlines and governments to take websites offline. South Korea’s financial industry...
US tells ships to avoid unnecessary transits through Hormuz

US tells ships to avoid unnecessary transits through Hormuz

by AIP Online Bureau | Oct 28, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“Due to the current geopolitical situation, vessels which do not need to transit the area are advised to remain well clear to avoid unnecessary delays to their voyage,” the US Naval Forces Central Command said in an advisory on Wednesday issued via the Joint Maritime...
AI In Action: Netherlands aims to cut around 20% of government jobs over next decade

AI In Action: Netherlands aims to cut around 20% of government jobs over next decade

by AIP Online Bureau | Oct 28, 2026 | Eco/Invest/Demography, International News, Policy, Technology

While private companies have already announced waves of AI-driven job cuts since the launch of ChatGPT in 2022, governments are some way behind. Their AI use “trails the private sector” and initiatives “often remain in pilot phases,” according to a September 2025 OECD...
EU wants countries to draw up plans to deal with warming of 3C

EU wants countries to draw up plans to deal with warming of 3C

by AIP Online Bureau | Oct 28, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

Europe is the fastest warming continent due to climate change and could see average temperatures rise up to 5C by 2100, according to a draft document seen by Bloomberg News. The EU’s 27 member states will be required to come forward with national plans for how they...
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Recent Posts

  • Banks must compensate digital fraud victims for loss if due-diligence failure established: SC
  • Ayushman Vay Vandana: 23.46 lakh authorised hospital admissions, treatment value at ₹5,669 crore in 2 yrs
  • MS Amlin launches AI wordings tool ahead of January renewal season
  • Anthropic filing reveals concerns over data center pushback
  • Climate change a growing health emergency, Lancet Countdown warns

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