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...
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...
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...
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...
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...
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...
by AIP Online Bureau | Mar 27, 2026 | Indian News, Regulation, Risk Management
The guidelines, applicable for non-scheduled aircraft and helicopter operators carrying VVIPs, also come against the backdrop of the fatal plane crash in January that killed Maharashtra Deputy Chief Minister Ajit Pawar and four others. New Delhi:Aviation regulator...
by AIP Online Bureau | Mar 27, 2026 | Indian News, Non-Life, Policy
OIC poised to introduce forward-looking solutions like Sarvatra Suraksha Parametric Insurance Policy, Nil Depreciation Comprehensive Policies, including long-term variants and Surety Bond Insurance, aligning with evolving risk landscapes and national priorities. New...
by AIP Online Bureau | Mar 27, 2026 | Indian News, Non-Life
Rao, with over three decades of exeprience, will succeed Anup Rao in Generali Central Insurance.Rao is an old hand for Generali as he was heading Generali’s earlier non-life joint venture with Kishore Biyani’s Future group. Mumbai: Italian major Generali...
by AIP Online Bureau | Mar 27, 2026 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
“Investor sentiment remained fragile due to a lack of clarity surrounding geopolitical tensions between the US and Iran, which once again pushed crude oil prices above the USD 100 mark. In addition, persistent FII (Foreign Institutional Investors) outflows and...