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Number of air travellers surges to about 25 crore in 2025: Ram Mohan Naidu

Number of air travellers surges to about 25 crore in 2025: Ram Mohan Naidu

by AIP Online Bureau | Sep 18, 2025 | Data, Eco/Invest/Demography, Policy

Supported by the visionary regional connectivity scheme UDAN, air travel in the country today is more available, accessible and affordable. New Delhi: The number of air travellers stood at around 11 crore in 2014 — a figure that has now surged to about 25 crore...
MobiKwik fraud triggers demand for deeper probe into fintech platforms

MobiKwik fraud triggers demand for deeper probe into fintech platforms

by AIP Online Bureau | Sep 18, 2025 | Indian News, Non-Life, Risk Management, Technology

Industry experts said the MobiKwik case is not an isolated one. In August, Policybazaar Insurance Brokers Private Limited also lodged a complaint with Gurugram Police after fraudsters impersonated its employees, forged documents, and misused the company’s ID cards and...
Boeing, Honeywell sued by Air India crash victim families

Boeing, Honeywell sued by Air India crash victim families

by AIP Online Bureau | Sep 18, 2025 | Indian News, Non-Life, Reinsurance, Risk Management, Technology

The lawsuit filed on Tuesday in Delaware Superior Court blames Boeing and Honeywell , which made the switches, for the crash seconds after Flight 171 took off for London from the Indian city of Ahmedabad. The families of four passengers killed in the June 12 crash of...
AI plane crash Pilot’s father seeks another probe saying AAIB findings tarnished his son’s image

AI plane crash Pilot’s father seeks another probe saying AAIB findings tarnished his son’s image

by AIP Online Bureau | Sep 17, 2025 | Indian News, Risk Management

Amid speculations about the cause of the fatal crash after the release of its preliminary probe report on July 12, AAIB had asserted that it was too early to draw any “definite conclusions” on what led to the accident as the investigation was still on and...
Asia fraud scheme: ChatGPT was used ‘to help scammers do their thing’

Asia fraud scheme: ChatGPT was used ‘to help scammers do their thing’

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

The basic tactic: get the victim to open a crypto account, then have them deposit hard currency into what appeared to be a trading platform – but was actually an account belonging to the scammers Duncan Okindo says he was lured to Southeast Asia last year by the...
Jaguar Land Rover cyberattack fallout hits suppliers

Jaguar Land Rover cyberattack fallout hits suppliers

by AIP Online Bureau | Sep 17, 2025 | International News, Risk Management, Technology

German company Eberspächer Gruppe GmbH & Co., which manufacturers exhaust systems for the British carmaker, was forced to suspend production at its plant in Nitra, Slovakia after the cyberattack more than two weeks ago. Eberspächer is a key supplier to JLR, which...
Tesla settles two lawsuits on 2019 California crashes related to Autopilot software

Tesla settles two lawsuits on 2019 California crashes related to Autopilot software

by AIP Online Bureau | Sep 17, 2025 | International News, Technology

The settlements come weeks after a Florida jury ordered Tesla to pay $243 million in compensatory and punitive damages to the victims of another fatal 2019 crash of a Model S that was equipped with Autopilot Tesla has reached confidential deals to resolve two lawsuits...
Microsoft seizes 340 websites linked to growing phishing subscription service

Microsoft seizes 340 websites linked to growing phishing subscription service

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

Raccoon0365’s service, which operates through a private Telegram channel with more than 850 subscribers, enables users to impersonate trusted brands and get targets to enter Microsoft login credentials on phony Microsoft login pages, Steven Masada, assistant general...
Insurers lose bid to appeal London judgment over jets lost in Russia

Insurers lose bid to appeal London judgment over jets lost in Russia

by AIP Online Bureau | Sep 17, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The decision marks another milestone in one of the largest lawsuits to be heard in London, which has become a bellwether for similar cases fought in other jurisdictions, such as the United States, and triggered a battle in London between all risks and war risks...
RBI forms committee for periodic review of regulations

RBI forms committee for periodic review of regulations

by AIP Online Bureau | Sep 17, 2025 | Banking & Bancassurance, Indian News, Regulation

The review body will be advised by a group of six industry experts, and will be chaired by State Bank of India’s managing director Rana Ashutosh Kumar Singh. N. S. Kannan, former managing director & Chief Executive Officer, ICICI Prudential Life Insurance is...
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