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UK police charge Russian captain involved in U.S. tanker ship crash

UK police charge Russian captain involved in U.S. tanker ship crash

by AIP Online Bureau | Mar 15, 2025 | Disaster & Management, International News, Non-Life, Reinsurance, Risk Management

The 59-year-old Vladimir Motin was captain of the Portuguese-flagged Solong that hit the Stena Immaculate tanker, carrying military jet fuel, at close to full speed on Monday. Initial concerns of an environmental disaster subsided as assessments showed the jet fuel...
StanChart raises 1 bn euro via first social bond, commits 50% for India

StanChart raises 1 bn euro via first social bond, commits 50% for India

by AIP Online Bureau | Mar 15, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The 8-year bond will primarily facilitate lending to small and medium sized enterprises (SMEs), ensuring access to finance, helping create jobs and empowering and nurturing women-owned SMEs, StanChart said in a statement on Friday New Delhi: UK multinational Standard...
India advancing with labour welfare, quality employment and social justice: Govt

India advancing with labour welfare, quality employment and social justice: Govt

by AIP Online Bureau | Mar 15, 2025 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pension & Social Security, Policy

Sumita Dawra, Secretary, Ministry of Labour and Employment and Gilbert F. Houngbo, Director General, International Labour Organisation(ILO) at ILO meet in Geneva The contribution of India’s flagship institutions and schemes such as EPFO (7.37 crore contributing...
Govt setting up ecosystem to resolve consumer complaints at pre-litigation stage: Secretary

Govt setting up ecosystem to resolve consumer complaints at pre-litigation stage: Secretary

by AIP Online Bureau | Mar 15, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

The technological transformation of NCH with artificial intelligence (AI) tools has led to a significant increase in its call-handling capacity. The number of calls received by NCH has grown nearly tenfold from 14,795 calls in January 2015, Consumer Affairs Secretary...
Need to make sustainable lifestyle choices available accessible affordable for all Joshi

Need to make sustainable lifestyle choices available accessible affordable for all Joshi

by AIP Online Bureau | Mar 15, 2025 | Eco/Invest/Demography, Indian News, Policy

Pralhad Joshi ,Union Minister of Food and Consumer Affairs The government is working to move beyond “consumer protection” toward promoting “consumer interest” and “consumer care,” Joshi said and mentioned the monitoring mechanisms...
RBI assures customers and investors on IndusInd Bank’s  financial health

RBI assures customers and investors on IndusInd Bank’s financial health

by AIP Online Bureau | Mar 15, 2025 | Banking & Bancassurance, Indian News, Regulation, Technology

Earlier this week, IndusInd Bank disclosed a discrepancy in accounting with an estimated impact of 2.35 per cent of the bank’s net worth. Soon after the disclosure, massive price correction in the bank’s scrip was witnessed. Mumbai: The Reserve Bank on...
British PM Starmer scraps health body in search of savings and better care

British PM Starmer scraps health body in search of savings and better care

by AIP Online Bureau | Mar 15, 2025 | Health, International News, Policy

  Keir Starmer, Prime Minister, UK “I can’t, in all honesty, explain to the British people why they should spend their money on two layers of bureaucracy,” Prime Minister Keir Starmer Starmer said in a speech in the northern English city of Hull. He...
RBI Gov urges common pool of climate-focused projects to enhance financing

RBI Gov urges common pool of climate-focused projects to enhance financing

by AIP Online Bureau | Mar 15, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation

Sanjay Malhotra, Governor,RBI Speaking at a Reserve Bank Of India (RBI) event in Delhi, Malhotra said one of the major constraints in having sufficient climate-related financing is the lack of projects with a high probability of repayment New Delhi: Indian banks and...
Data Breach: Infosys settles lawsuits against US unit over cyber incident for $17.5 million

Data Breach: Infosys settles lawsuits against US unit over cyber incident for $17.5 million

by AIP Online Bureau | Mar 15, 2025 | Indian News, Risk Management, Technology

In April last year, Infosys said, McCamish, in coordination with its third-party vendor eDiscovery, identified up to 6.5 million individuals whose information was subject to unauthorized access and data exfiltration in the incident Indian IT services provider Infosys...

India sees record deal activity in February at USD 7.2 bn

by AIP Online Bureau | Mar 15, 2025 | Data, Eco/Invest/Demography, Technology

Retail and consumer, IT & ITES, banking and financial services, and pharma, healthcare and biotech sectors were the key drivers for volume growth, contributing 60 per cent of the overall volumes, while traditional sectors, including energy and natural resources,...
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