by AIP Online Bureau | Dec 22, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation
Now, liquor can be consumed in other areas too, such as lawn, pool side and terrace.As per the notification, any person coming for food is allowed to sit in the wine and dine area of a restaurant. Ahmedabad: Any person from outside Gujarat or India can now consume...
by AIP Online Bureau | Dec 22, 2025 | Banking & Bancassurance, Indian News, Policy, Regulation, Risk Management, Technology
The Department of Telecom said that the players that have joined Digital Intelligence Platform (DIP) have started fraud risk indicators that have helped in preventing potential financial losses of approximately Rs 660 crore across the banking ecosystem New Delhi:Over...
by AIP Online Bureau | Dec 22, 2025 | Eco/Invest/Demography, International News, Risk Management
The Financial Stability Board, which monitors global risks, has high-level concerns about the potential for “ratings shopping” in private markets, where firms can seek grades on transactions from multiple providers and opt for the most favorable one, one of the people...
by AIP Online Bureau | Dec 22, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Risk Management
Holcim said it intends to appeal the decision and that the question of “who is allowed to emit how much CO2” should be a matter for lawmakers, not a civil court A court in Switzerland said on Monday it would admit a legal complaint against Swiss cement maker Holcim,...
by AIP Online Bureau | Dec 22, 2025 | Eco/Invest/Demography, International News, Life, Non-Life, Regulation, Risk Management
The insurance regulator would impose a 100% risk charge on cryptoassets, according to a presentation on Dec. 4 seen by Bloomberg News. Stablecoin investments would attract risk charges based on the fiat currency the Hong Kong-regulated stablecoin is pegged to, the...
by AIP Online Bureau | Dec 22, 2025 | Eco/Invest/Demography, International News, Non-Life, Risk Management
Cyber and climate change/natural catastrophes are also key themes. Cyber insurance is continuing to see rapid growth, and this is forecast that to continue through 2030. GlobalData estimates the global cyber insurance market to be worth $22.2 billion in 2025 and $35.4...
by AIP Online Bureau | Dec 22, 2025 | Data, Life
Growth has been supported by increasing demand for group insurance, product innovation, personalised offerings, and stronger distribution networks, especially in individual insurance. New Delhi:The number of people covered by life insurance in India has risen sharply...
by AIP Online Bureau | Dec 22, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Policy, Regulation, Reinsurance
Now, insurance regulator IRDAI will come out with new set of regulations in accordance with the new Act which provides a host of changes including hiking FDI from 74 per cent to 100 per cent for the Indian insurance companies The new Act introduces one-time...
by AIP Online Bureau | Dec 21, 2025 | Articles, Eco/Invest/Demography, Health, Life, Non-Life, Regulation, Reinsurance
The Insurance Act 1938 did not contain any definition of “insurance business”. The Bill now seeks to define this term to mean the business of effecting insurance contracts, as well as any other form of contract that may be notified by the Central Government in...
by AIP Online Bureau | Dec 21, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
President Droupadi Murmu The Bill introduces an elaborate framework on duties and liabilities, including civil liability for nuclear damage. It caps the maximum liability for each nuclear incident at the rupee equivalent of 300 million Special Drawing Rights, with the...