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Need to harmonise regulations across regulators to reduce compliance friction:DEA Secy

Need to harmonise regulations across regulators to reduce compliance friction:DEA Secy

by AIP Online Bureau | Nov 17, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

Given the rapidly evolving landscape, Department of Economic Affairs Secretary Anuradha Thakur(in pic) emphasised the need for continued reforms and sustained focus on areas such as prudent regulation, disclosure and governance standards, gradual and controlled...
Tampering with mobile IMEI non-bailable offence, attracts 3-yr imprisonment, Rs 50 lakh penalty: DoT

Tampering with mobile IMEI non-bailable offence, attracts 3-yr imprisonment, Rs 50 lakh penalty: DoT

by AIP Online Bureau | Nov 17, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

“DoT emphasises that these regulations are essential for maintaining telecom cyber security, preventing counterfeiting, facilitating law enforcement, and ensuring proper tax collection. Strict compliance protects India’s telecom infrastructure from...
Exempt life insurance from GST to enable insurers to claim ITC benefits: LIC MD Patnaik

Exempt life insurance from GST to enable insurers to claim ITC benefits: LIC MD Patnaik

by AIP Online Bureau | Nov 17, 2025 | Eco/Invest/Demography, Indian News, Life, Policy

Ratnakar Patnaik,managing director,LIC, appealed to the government for a review into the three-year-old policy of taxing maturity proceeds for policies with premium of over Rs 5 lakh. “Is it time to upgrade or revise upwards to up to Rs 10 lakh, the maturity...
Around 1.3 million transformer failures occur in India annually

Around 1.3 million transformer failures occur in India annually

by AIP Online Bureau | Nov 17, 2025 | Data, Eco/Invest/Demography, Risk Management, Technology

In a meeting on Distribution Transformer, it has been highlighted that the “national distribution transformer failure rate averages around 10 per cent, amounting to nearly 1.3 million transformer failures annually”. New Delhi: Around 1.3 million...
DPDP Rules:Centre mulls compressing timeline cites industry’s adherence to global data norms

DPDP Rules:Centre mulls compressing timeline cites industry’s adherence to global data norms

by AIP Online Bureau | Nov 17, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

“So as we go forward once data protection board is put in place and the complete digital framework, which has already been prepared, is rolled out… after that we will have further amendments in rules so that we can compress the timelines,” IT Minister...
AI tool in national disease surveillance helped issue over 5 000 alerts to health authorities Data

AI tool in national disease surveillance helped issue over 5 000 alerts to health authorities Data

by AIP Online Bureau | Nov 17, 2025 | Data, Eco/Invest/Demography, Health

News reports in print, electronic and online media are scanned by media scanning and verification tool under India’s ‘Integrated Disease Surveillance Programme’ (IDSP) for unusual health events, which are then shared with authorities for further...

Willis appoints Anthony Wong as Head of Casualty in Asia

by AIP Online Bureau | Nov 17, 2025 | Briefs, Non-Life

Willis, a WTW business , today announced the appointment of Anthony Wong as Head of Casualty in Asia, effective immediately.Based in Singapore, Anthony will be part of the Property & Casualty (P&C) business in Asia and reports to Paul Ward, Head of P&C...
One-fourth of Indian firms surveyed report cyber losses PwC report

One-fourth of Indian firms surveyed report cyber losses PwC report

by AIP Online Bureau | Nov 17, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

“…25 per cent of businesses say their most damaging data breach in the past three years cost their organisation at least USD 1 million, with exposure highest among enterprises generating USD 5 billion or more in revenue (45 per cent)” New Delhi: Nearly a quarter...
“Competition in the group health insurance segment is intense”

“Competition in the group health insurance segment is intense”

by AIP Online Bureau | Nov 16, 2025 | Health, Interviews, Non-Life

Nilanjan Roy, Head of Group Business, ManipalCigna Health Insurance,in an exclusive interview with Asia Insurance Post, speaks about a few latest trends in the Indian health insurance industry What strategies is ManipalCigna adopting to expand its business, and how...
Maharashtra: Tribunal awards Rs 74 lakh compensation to family of accident victim

Maharashtra: Tribunal awards Rs 74 lakh compensation to family of accident victim

by AIP Online Bureau | Nov 16, 2025 | Indian News, Non-Life

The New India Assurance Company contested the claim, arguing that the deceased was partly negligent and that the truck driver lacked a valid licence and vehicle fitness documents. However, the tribunal rejected these claims, noting that the insurer failed to provide...
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