by AIP Online Bureau | Dec 27, 2024 | Data, Technology
The deployment of such radar-mounted interceptor vehicles, which will be the first for any state in the country, is expected to significantly increase the number of e-challans issued by flying squads of Regional Transport Offices (RTO), in turn improving enforcement...
by AIP Online Bureau | Dec 27, 2024 | Indian News, Policy
Justice Suraj Govindaraj issued these orders while resolving a petition from a 34-year-old transgender woman who had her gender reassignment surgery and sought to update her name and gender on her birth certificate. The Mangaluru City Corporation’s Registrar of...
by AIP Online Bureau | Dec 27, 2024 | Climate, Environment, Renewable Energy, Indian News, Policy, Risk Management, Technology
The matter was raised through a letter petition highlighting the environmental risks posed by discarded panels and the need for an organized system for their proper handling and management. As solar panels become increasingly popular, particularly in rural areas,...
by AIP Online Bureau | Dec 27, 2024 | Briefs, Life, Risk Management, Wealth Management/ Philanthropy
Bajaj Allianz Life Insurance has conducted financial awareness sessions for civilian personnel of the Indian Navy in Mumbai. These sessions are part of the company’s ongoing commitment to empower Naval civilians with the knowledge about financial planning and the...
by AIP Online Bureau | Dec 27, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Technology
The RBI said frauds present multiple challenges for the financial system in the form of reputational risk, operational risk, business risk and erosion of customer confidence with financial stability implications Mumbai: The number of bank frauds witnessed a...
by AIP Online Bureau | Dec 26, 2024 | International News, Risk Management, Technology
One of the Azerbaijani sources familiar with Azerbaijan’s investigation into the crash told Reuters that preliminary results showed the plane was struck by a Russian Pantsir-S air defence system. Its communications were paralysed by electronic warfare systems on...
by AIP Online Bureau | Dec 26, 2024 | Intermediaries, Non-Life
The recordings, in a report tabled by the Japan Transport Safety Board close to the first anniversary of the Jan. 2, 2024 tragedy, pointed to inconsistencies between the instructions by air traffic controllers to the pilots, and the subsequent actions by the cockpit...
by AIP Online Bureau | Dec 26, 2024 | Eco/Invest/Demography, Risk Management, Technology
Among the most notable hacks are the theft of more than $305 million from Japan’s crypto exchange DMM Bitcoin in May and the loss of $235 million from India’s WazirX in July Funds stolen by hacking cryptocurrency platforms surged 21% from a year ago to $2.2 billion in...
by AIP Online Bureau | Dec 26, 2024 | Eco/Invest/Demography, International News, Reinsurance, Risk Management, Wealth Management/ Philanthropy
Cat bonds continue to pay out more than many fixed-income assets. This year, investors are on track to earn returns of 16%, compared with a record 20% in 2023 Catastrophe-bond issuance rose to a record this year, increasing the overall market to almost $50 billion, as...
by AIP Online Bureau | Dec 26, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
The company in a regulatory filing said that the amount of damage caused by flash flood occurred on October 4, 2023 was to the tune of Rs 1,075.97 crore, which has been reported to the insurer New Delhi: State-run hydro power giant NHPC on Thursday said the flash...
