by AIP Online Bureau | Apr 24, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Regulation
Ajay Seth, chairman, IRDAI “To my mind, that was the first time an act is talking about transparency in governance of the regulator. Now, that again is an indication of what the Indian Parliament is telling us, that it has to be a well-governed sector, and the...
by AIP Online Bureau | Apr 24, 2026 | Eco/Invest/Demography, Indian News, Technology, Wealth Management/ Philanthropy
Bimal Menon, principal officer, Policybazaar’s GIFT City Branch, said, “Among NRIs, GIFT City is gaining strong momentum as a preferred investment hub. This shift is driven by benefits including tax-free gains u/s 10(10D), availability of US Dollar denominated market...
by AIP Online Bureau | Apr 24, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
Nirmala Sitharaman,Union Finance Minister There will be a lot of interaction among banks over the next few weeks to understand the threats and also look at the areas where additional investments will be required, Sitharaman said. She said all this while, the system...
by AIP Online Bureau | Apr 24, 2026 | Eco/Invest/Demography, International News, Technology
Competition lawyer Maria Luisa Stasi is bringing the case on behalf of nearly 60,000 businesses that run Windows Server on rival cloud platforms. Her lawyers have previously said the claim was worth up to 2.1 billion pounds ($2.8 billion). LONDON: Microsoft must...
by AIP Online Bureau | Apr 23, 2026 | Eco/Invest/Demography, Risk Management
Fatih Birol ,executive director,International Energy Agency The core of the current disruption remains the Strait of Hormuz, a primary maritime artery that previously facilitated the transport of 20 million barrels of oil and petroleum products daily. The passage is...
by AIP Online Bureau | Apr 23, 2026 | Eco/Invest/Demography, International News, Regulation, Risk Management
PwC “turned a blind eye” to Evergrande’s fraud, the Chinese securities regulator has said. PricewaterhouseCoopers LLP agreed to pay HK$1.3 billion ($166 million) in fines and compensation to settle investigations into its auditing work for the collapsed property giant...
by AIP Online Bureau | Apr 23, 2026 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management
Goldman agreed in 2020 to pay $2.9 billion in penalties and have a Malaysian unit admit criminal wrongdoing to settle 1MDB probes by the U.S. Justice Department and other authorities. Goldman Sachs has agreed to settle a class-action lawsuit accusing the Wall Street...
by AIP Online Bureau | Apr 23, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
It would be the first time a product in the market for insurance-linked securities specifically targets data-center risk, according to Hilti. Euler plans to structure the vehicle as a so-called sidecar, meaning investors will take a quota share of an insurer’s risk....
by AIP Online Bureau | Apr 23, 2026 | Eco/Invest/Demography, International News, Risk Management
“We expect a lot of financial disputes and a lot of force majeure,” Mercuria Energy Group Ltd. CFO Guillaume Vermersch said at the Financial Times Global Commodities Summit, adding that how the situation plays out out could shape some of the firm’s profit this year....
by AIP Online Bureau | Apr 23, 2026 | Eco/Invest/Demography, Indian News, Risk Management
The meeting chaired by the Finance Minister deliberated on various risks that AI posed on the financial sector, sources said, adding that banks have been urged to take preemptive measures to secure their systems, data and money of customers. New Delhi:Finance Minister...
