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Soaring cost making some long-distance crude trades uneconomical

Soaring cost making some long-distance crude trades uneconomical

by AIP Online Bureau | Sep 21, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

But for oil traders, the risk is that shipping becoming prohibitively expensive. They’re concerned that the higher costs make it unprofitable for some refiners to turn crude into fuels, deterring them from buying cargoes that have to sail over long distances,...
Govt urges bank employees to refrain from strikes, resolve issues through dialogue

Govt urges bank employees to refrain from strikes, resolve issues through dialogue

by AIP Online Bureau | Sep 21, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

“Given that most concerns of the unions have been substantially addressed, that the remaining demand continues to be examined, and that the Government continues to proactively introduce welfare measures for the banking workforce, bank employees are urged to...
SC seeks Centre’s response on PIL for occupational safety for construction workers

SC seeks Centre’s response on PIL for occupational safety for construction workers

by AIP Online Bureau | Sep 21, 2026 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits

The plea sought a direction to the Centre to declare standards on occupational safety and health for workplaces relating to building and other construction work under the 2020 code. New Delhi:The Supreme Court on Monday sought responses of the Centre and others on a...
AI fuels 440% surge in hackers using Blockchains in attacks

AI fuels 440% surge in hackers using Blockchains in attacks

by AIP Online Bureau | Sep 21, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

The findings add to evidence of generative AI contributing to a boom in cyber threats by spotting more software vulnerabilities and allowing cybercriminals to carry out more attacks. In crypto, the number of hacks rose roughly 150% to 207 in the first half of the...
Zurich Kotak General Insurance launches SMEs solutions on digital platform

Zurich Kotak General Insurance launches SMEs solutions on digital platform

by AIP Online Bureau | Sep 21, 2026 | Indian News, Non-Life, Technology

Zurich Kotak General Insurance is leveraging Zurich’s globally-proven tech stack – Zurich Edge – the modular solution offers SMEs access to comprehensive business protection through a single interface, supporting their end-to-end insurance journey encompassing...
Strait of Hormuz would not be reopened until Iran’s conditions fulfilled: Parliament Speaker Ghalibaf

Strait of Hormuz would not be reopened until Iran’s conditions fulfilled: Parliament Speaker Ghalibaf

by AIP Online Bureau | Sep 21, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“And until these conditions are fulfilled, the legitimate rights of the Iranian people are recognised, and the commitments of the Americans are implemented, there will be no opening for returning to the previous conditions of negotiation and the opening of the...
New US sanctions bill on Russia puts India in a bind

New US sanctions bill on Russia puts India in a bind

by AIP Online Bureau | Sep 20, 2026 | Eco/Invest/Demography, Indian News, Risk Management

“Tariffs of up to 100% would punish Indian exporters and American consumers, disrupt trade and give the US president excessive power over major partners,” said Ajay Srivastava, ​founder of New Delhi-based think tank Global Trade Research Initiative and a...
NSE’s shareholders retain significant stake even after tendering shares in OFS

NSE’s shareholders retain significant stake even after tendering shares in OFS

by AIP Online Bureau | Sep 20, 2026 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

The selling shareholders largely comprised institutional investors, who collectively held a 36.82 per cent stake in NSE before the IPO and tendered shares representing a 5.11 per cent stake in the exchange, according to an analysis of data New Delhi: A majority of the...
Oriental Insurance to invest Rs 500 cr over 3 yrs to bolster digital capabilities

Oriental Insurance to invest Rs 500 cr over 3 yrs to bolster digital capabilities

by AIP Online Bureau | Sep 20, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Technology

Sanjay Joshi, CMD,Oriental Insurance Company On the claim settlement side, Joshi said, “The company recently launched its end-to-end digital journey for Motor Own Damage (OD) claims, aimed at making claims processing faster, more transparent and convenient for...

by AIP Online Bureau | Sep 19, 2026 | Workplace/Employee Benefits

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