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Govt weighs options to shield airlines from West Asia crisis

Govt weighs options to shield airlines from West Asia crisis

by AIP Online Bureau | Mar 29, 2026 | Eco/Invest/Demography, Indian News, Policy, Risk Management

Indian airlines’ operational costs are spiralling due to surging oil prices and airspace curbs in the wake of West Asia turmoil, involving the US, Israel and Iran, which began on February 28. New Delhi:The civil aviation ministry is exploring multiple options to...
Telangana passes financial security Bill for senior citizens

Telangana passes financial security Bill for senior citizens

by AIP Online Bureau | Mar 29, 2026 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

The Bill mandates that public representatives, government employees, and private employees care for their elderly parents. Failure to comply will result in a deduction of 15 per cent of the salary or Rs 10,000, whichever is lower, payable to the parents. Hyderabad:...
Ship insurers juggle war risks for perilous Gulf route

Ship insurers juggle war risks for perilous Gulf route

by AIP Online Bureau | Mar 29, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

To price war risk premiums, underwriters are considering numerous factors such as the type, flag and owner of the vessel, as well as its size, speed and cargo London: Iranian forces’ threat to ships in the crucial Strait of Hormuz has driven up payments for the...
Near-term outlook remains uncertain with external shocks posing downside risks to growth:Finmin

Near-term outlook remains uncertain with external shocks posing downside risks to growth:Finmin

by AIP Online Bureau | Mar 29, 2026 | Eco/Invest/Demography, Indian News, Policy, Risk Management

The geopolitical developments have introduced a complex and multi-layered set of risks for India, given its position as a major energy importer with strong trade, investment, and remittance linkages with the West Asia region, the Monthly Economic Review for March...
Jio Fin Services expects to begin life, general insurance biz in 2026

Jio Fin Services expects to begin life, general insurance biz in 2026

by AIP Online Bureau | Mar 29, 2026 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life

“We hope to start insurance manufacturing in 2026, subject to regulatory approvals, The company is working towards building the necessary teams for the insurance foray.” Hitesh Sethia,chief executive and managing director said Mumbai:After commencing its...
Advertisements on alcohol, tobacco, and accident insurance banned on trains and stations:Ashwini Vaishnaw

Advertisements on alcohol, tobacco, and accident insurance banned on trains and stations:Ashwini Vaishnaw

by AIP Online Bureau | Mar 28, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

In case of any violation, an immediate corrective action will be taken, said Ashwini Vaishnaw,Union Minister for Railways New Delhi: Indian Railways has said advertisements on alcohol, tobacco and accident insurance that are objectionable in the eyes of law are...
Legal heirs can claim reimbursement if govt employee dies during treatment: Allahabad HC

Legal heirs can claim reimbursement if govt employee dies during treatment: Allahabad HC

by AIP Online Bureau | Mar 28, 2026 | Health, Indian News, Policy

The court rejected this argument of the state government, stating that the provisions of Rule 16 of the Rules, 2011, were arbitrary and violated Article 14 of the Constitution. The court held that if a beneficiary dies or becomes incapable of making a claim, his or...
Pilots’ association urges DGCA to suspend flights in high-risk conflict zones in West Asia, mandate insurance coverage

Pilots’ association urges DGCA to suspend flights in high-risk conflict zones in West Asia, mandate insurance coverage

by AIP Online Bureau | Mar 28, 2026 | Eco/Invest/Demography, Non-Life, Regulation, Risk Management

In a letter to DGCA, Airline Pilots’ Association of India (ALPA India) said commercial airlines do not possess the requisite intelligence, surveillance capabilities, or geopolitical risk assessment infrastructure necessary to adequately evaluate threats in...
RBI mulling e-cheques, widening regulatory ambit to include digital payment cos

RBI mulling e-cheques, widening regulatory ambit to include digital payment cos

by AIP Online Bureau | Mar 27, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology

As part of its efforts to prevent fraud, the RBI is also planning to implement a uniform Domestic Legal Entity Identifier (DLEI) framework that would enable the identification of parties to a transaction. Mumbai:The Reserve Bank on Friday introduced the...
Dip-stick Survey:DFS Secy takes up unsatisfied closed complaints with banks and insurers

Dip-stick Survey:DFS Secy takes up unsatisfied closed complaints with banks and insurers

by AIP Online Bureau | Mar 27, 2026 | Banking & Bancassurance, Health, Indian News, Life, Non-Life, Policy, Regulation

M Nagaraju, secretary, Department of Financial Services Till date eighteen such meetings have been conducted and 360 grievances have been reviewed. The objective of such an exercise is to assess the efficacy of grievance resolution through a ‘dip-stick...
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Recent Posts

  • Govt weighs options to shield airlines from West Asia crisis
  • Telangana passes financial security Bill for senior citizens
  • Ship insurers juggle war risks for perilous Gulf route
  • Near-term outlook remains uncertain with external shocks posing downside risks to growth:Finmin
  • Jio Fin Services expects to begin life, general insurance biz in 2026

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