by AIP Online Bureau | Feb 11, 2026 | Briefs, Policy, Regulation
The Department for Promotion of Industry and Internal Trade (DPIIT) under the Commerce and Industry Ministry has notified 100% foreign direct investment (FDI) in the insurance sector following the enactment of legislation in this regard.The Government of India has...
by AIP Online Bureau | Feb 11, 2026 | Indian News, Non-Life, Policy, Reinsurance
The overall hike in wage bill will be 12.41 per cent with an increase of 14 per cent on existing basic pay and dearness alowance.A total of 43,247 PSGIC employees will benefit from this revision.The total outgo for the six companies will be to the tune of Rs 8170.30...
by AIP Online Bureau | Feb 10, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
Google-owned cyber security firm Mandiant has described UNC3886 as a “China-nexus espionage group” that has attacked defense, technology and telecommunications organizations in the United States and Asia. Singapore:Singapore’s four telecom companies, Singtel, StarHub,...
by AIP Online Bureau | Feb 10, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Technology
Insurify’s app uses ChatGPT to compare auto insurance rates using details about the vehicle, the client’s credit history, driving record and other inputs. The company said the app launched on Feb. 3. US insurance broker stocks were pummeled Monday as the launch of an...
by AIP Online Bureau | Feb 10, 2026 | Eco/Invest/Demography, Health, Indian News
The primary benefit of this MoU is the establishment of a cashless treatment facility that spans all 32 insurance companies under the General Insurance Council. This initiative is designed to substantially enhance patient access and affordability, expand...
by AIP Online Bureau | Feb 10, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Regulation, Reinsurance
Parli Thermal Power Stations (PTPS) had not conducted the annual mandatory third-party safety audits of its ash dykes since 2019. The ash dyke areas were accessible to illegal excavators which can lead to serious environmental hazards, the letter said, adding that...
by AIP Online Bureau | Feb 10, 2026 | Indian News, Policy, Regulation, Risk Management, Technology
“The biggest change that has come is that now cybercrime is being committed on an industrial scale. The technology has enabled industrialisation of cybercrime. With industrialisation, I mean the organised criminal gangs, mostly operating from Southeast Asia,...
by AIP Online Bureau | Feb 10, 2026 | Eco/Invest/Demography, Indian News, Risk Management, Technology
In 2025, CBI coordinated with international agencies like the FBI of the USA, and agencies of Britain, Japan, and others to expose big gangs of cybercriminals,” the CBI director Praveen Sood said New Delhi, Feb 10 (PTI) The hubs of cyber crimes have moved from...
by AIP Online Bureau | Feb 10, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
The amendments aim to address the growing risks posed by deepfakes and AI-driven misinformation, while balancing innovation with user safety and accountability. Non-compliance may attract penalties under the Information Technology Act, 2000, and other applicable...
by AIP Online Bureau | Feb 10, 2026 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology, Workplace/Employee Benefits
“An intermediary shall periodically inform its users, at least once every three months, in a simple and effective manner through its rules and regulations, privacy policy, user agreement, or any other appropriate means,” about the consequences of violating...
