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Iran-Israel war escalation to impact India’s trade with West Asia, say experts

Iran-Israel war escalation to impact India’s trade with West Asia, say experts

by AIP Online Bureau | Jun 22, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management

Nearly 30 percent of global oil and a third of the world’s LNG (liquefied natural gas) passes through the strait daily and its closure would immediately reduce global supplies triggering a spike in prices New Delhi: Any blocking or disruption of traffic through...

NGT notice to CPCB, Bihar authorities over rise in lightning deaths due to felling of palm trees

by AIP Online Bureau | Jun 22, 2025 | Data, Risk Management

According to a report, after the ban on toddy tapping due to Bihar’s prohibition policy, palm trees lost their economic value and have since been widely cut down. This ecological loss appeared to have made rural areas more vulnerable to lightning strikes, with...
Nearly half of India’s power generation capacity non-fossil: Govt

Nearly half of India’s power generation capacity non-fossil: Govt

by AIP Online Bureau | Jun 22, 2025 | Eco/Invest/Demography, Policy, Technology

Non-fossil fuel sources now contribute 235.7 GW (49%) of total capacity, including 226.9 GW renewable and 8.8 GW nuclear. As of June 2025, India’s renewable energy includes 110.9 GW of solar and 51.3 GW of wind power installed capacity. New Delhi: Nearly half of...

Geopolitical tensions shake Indian workplaces; 63 pc firms freeze hiring: Report

by AIP Online Bureau | Jun 22, 2025 | Data, Eco/Invest/Demography

The report said that 30 per cent of employees admitted that they are extremely worried and are already witnessing early warning signs while 26 per cent described themselves as mildly concerned and closely monitoring the situation Geopolitical tensions, including wars...
RBI-led initiative to curb digital frauds gains momentum banks roped in to set up DPIP

RBI-led initiative to curb digital frauds gains momentum banks roped in to set up DPIP

by AIP Online Bureau | Jun 22, 2025 | Banking & Bancassurance, Indian News, Regulation, Risk Management, Technology

The proposed platform seeks to bolster fraud risk management by facilitating real-time intelligence sharing and gathering, thereby preventing fraudulent digital transactions, sources said. New Delhi: In a bid to rein in the increasing incidence of digital payment...

UK’s car theft reaches near a 15-year high, cost insurers $867 million

by AIP Online Bureau | Jun 21, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

While owners are compensated when their cars are taken, vehicle theft isn’t a victimless crime. The more cars are stolen, the more insurance premiums go up. In the first three months of the year, British car owners were quoted an average of almost £800 a year for...

UK parliament votes for assisted dying, paving way for historic law change

by AIP Online Bureau | Jun 21, 2025 | Eco/Invest/Demography, Health, International News, Policy, Risk Management

The “Terminally Ill Adults (End of Life)” law would give mentally competent, terminally ill adults in England and Wales with six months or less left to live the right to choose to end their lives with medical help LONDON: Britain’s parliament voted...
AIC launches a new cover for aquaculture industry

AIC launches a new cover for aquaculture industry

by AIP Online Bureau | Jun 21, 2025 | Indian News, Non-Life, Policy, Regulation

(L to R) Lavanya R Mundayur, CMD, Agriculture Insurance Company, M Nagaraju, Secretary, Department of Financial Services(DFS), Parshant Kumar Goyal, Joint Secretary, DFS “With Aquaculture insurance, we are not just mitigating risks but fostering resilience in one of...
DGCA serves notice on Air India for violating crew norms, warns on license suspension and operational restrictions

DGCA serves notice on Air India for violating crew norms, warns on license suspension and operational restrictions

by AIP Online Bureau | Jun 21, 2025 | Indian News, Regulation, Risk Management

The DGCA also warned Air India that future violations in crew scheduling will invite “strict action”, including licence suspension and operational restrictions. New Delhi: Aviation safety watchdog DGCA has ordered Tata Group-owned Air India to remove its...
Govt holds meeting on Iran-Israel conflict’s trade fallouts

Govt holds meeting on Iran-Israel conflict’s trade fallouts

by AIP Online Bureau | Jun 21, 2025 | Eco/Invest/Demography, Indian News, Policy

Country’s ship reporting system is in place to monitor any incidents. The freight and insurance rates are also being closely monitored New Delhi: According to the Commerce Ministry sources, the Commerce Secretary held a meeting with stakeholders from shipping and...
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