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Fitch warns AI market correction emerging as major global credit risk

Fitch warns AI market correction emerging as major global credit risk

by AIP Online Bureau | Jul 29, 2026 | Eco/Invest/Demography, International News, Regulation, Technology

“The extent to which capital markets and economies have become intertwined with AI have created a vulnerability for credit,” Fitch said. The AI boom and the risk of a correction are emerging as major global credit risks, ratings agency Fitch has warned, adding to...
IRDAI grants license to ProTec General Insurance, approves key reforms

IRDAI grants license to ProTec General Insurance, approves key reforms

by AIP Online Bureau | Jul 29, 2026 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation, Reinsurance

To further strengthen policyholder protection, the IRDAI has also approved amendments to the regulations governing insurance intermediaries.A key reform is the mandatory tagging of the authorised sales person to every insurance proposal, policy and certificate of...
India’s growth momentum remains strong despite global challenges: FinMin report

India’s growth momentum remains strong despite global challenges: FinMin report

by AIP Online Bureau | Jul 29, 2026 | Eco/Invest/Demography, Indian News, Policy

The report observed that India will need to continuously adapt to evolving global challenges, with domestic reforms and prudent macroeconomic management to stay on the high growth path and sustain investor confidence. New Delhi: India’s growth momentum remains...
Google India’s nodal officer booked over ‘fake’ app on Play Store

Google India’s nodal officer booked over ‘fake’ app on Play Store

by AIP Online Bureau | Jul 29, 2026 | Eco/Invest/Demography, Indian News, Technology

The victim stated that fraudsters contacted him through a social media platform in July and the administrators “advised” him to invest through the trading app after opening an account. Hyderabad:A case was registered against Google India’s nodal...
Star Health Insurance Q1 profit rises 25 pc to Rs 550 cr

Star Health Insurance Q1 profit rises 25 pc to Rs 550 cr

by AIP Online Bureau | Jul 29, 2026 | Indian News, Non-Life

The insurer’s underwriting profit surged to Rs 111 crore from Rs 16 crore in the corresponding quarter last year.Combined ratio of the insurer improved from 98.7 per cent in Q1FY26 to 97 per cent in Q1 FY 27. Chennai:Star Health and Allied Insurance Company, the...
PM FB row: Meta writes to govt, outlines rigorous safeguards for posts by prominent accounts

PM FB row: Meta writes to govt, outlines rigorous safeguards for posts by prominent accounts

by AIP Online Bureau | Jul 29, 2026 | Eco/Invest/Demography, Indian News, Policy, Technology

Meta officials, it is learnt, had attributed the error to AI-powered automated content filters that were reviewing shared posts and subsequent content that circulated following the original post by the prime minister. New Delhi: Meta has written to the government...
Rail accidents fall nearly 90 pc in a decade as govt improves safety measures:Govt

Rail accidents fall nearly 90 pc in a decade as govt improves safety measures:Govt

by AIP Online Bureau | Jul 29, 2026 | Indian News, Risk Management, Technology

Ashwini Vaishnaw, Union Minister for Railways Ultrasonic Flaw Detection (USFD) testing of rails to detect flaws and timely removal of defective rails, along with laying of longer rails, minimising the use of Alumino Thermic Welding and adoption of better welding...
Investigators find no fault in Air India fuel control switch, Examining thrust control module:Govt

Investigators find no fault in Air India fuel control switch, Examining thrust control module:Govt

by AIP Online Bureau | Jul 29, 2026 | Indian News, Technology

While the fuel control switch has been cleared of any defect so far, the examination of the complete thrust control module is still underway, with investigators awaiting the outcome of the ongoing inspection. New Delhi: Investigators have found no abnormality in the...
LIC hands over Rs 12,207 cr dividend to Sitharaman

LIC hands over Rs 12,207 cr dividend to Sitharaman

by AIP Online Bureau | Jul 29, 2026 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy

Union Minister of Finance and Corporate Affairs Nirmala Sitharaman(centre) receiving a dividend cheque from the senior management of Life Insurance Corporation LIC is completing 70 years since its incorporation and as at 31.03.2026 has an asset base of ₹ 59.03 Lakh...
Andhra Pradesh joins PMMSY’s Group Accidental Insurance Scheme

Andhra Pradesh joins PMMSY’s Group Accidental Insurance Scheme

by AIP Online Bureau | Jul 29, 2026 | Workplace/Employee Benefits

During the current financial year 2026-27, proposal for coverage of 2,84,888 fishers have been received. Besides, the claim filing and settlement process under GAIS is governed by the policy terms and conditions. New Delhi:The Department of Fisheries, Ministry of...
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