by AIP Online Bureau | Feb 2, 2026 | Eco/Invest/Demography, Health, International News
Geneva-based Trafigura alleged Gupta was the mastermind of a fraudulent “Ponzi scheme” in which he and his companies agreed to provide high-quality 99.8% pure nickel but delivered low-value or even worthless materials instead. London:Trafigura won its London lawsuit...
by AIP Online Bureau | Feb 2, 2026 | Health, Indian News, Life, Non-Life, Regulation
Ajay Seth, chairman, IRDAI “We are working on the regulations pertaining to the new commission structure in the industry. There will not be any surprise element in it. We will soon put out a consultative paper on it and will like to have industry views...
by AIP Online Bureau | Feb 2, 2026 | Indian News, Regulation, Risk Management, Technology
“After receiving this initial information, we have grounded the said aircraft and are involving the OEM to get the pilot’s concerns checked on a priority basis. The matter has been communicated to the aviation regulator, DGCA. Air India had checked the...
by AIP Online Bureau | Feb 2, 2026 | Eco/Invest/Demography, Indian News, Technology, Wealth Management/ Philanthropy
The proposal is aimed at ensuring compliance with Section 509 of the Income-tax Act, 2025 and creating a deterrent against non-reporting and incorrect disclosures related to crypto assets.Under the proposed rules, platforms and entities dealing in crypto assets will...
by AIP Online Bureau | Feb 2, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
M. Nagaraju, secretary, Department of Financial Services Foreign ownership in State Bank of India – the country’s largest lender – and 11 other state-owned banks is capped at 20%, a legacy restriction rooted in the government’s desire to retain strategic...
by AIP Online Bureau | Feb 2, 2026 | Banking & Bancassurance, Briefs
Axis Max Life Insurance has entered into a strategic partnership with Muthoot Microfin Limited. The partnership aims to accelerate life insurance penetration in India’s underserved Tier 2 and Tier 3 markets, providing essential financial protection to millions of...
by AIP Online Bureau | Feb 1, 2026 | Articles, Eco/Invest/Demography, Life, Non-Life, Reinsurance
As India moves confidently towards its vision of Viksit Bharat, with right policy support,the insurance sector is committed to partnering in this journey protecting people, supporting businesses, enabling infrastructure, and building a more secure and resilient nation...
by AIP Online Bureau | Feb 1, 2026 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology
Girija Subramanian, CMD, New India Assurnace The government is strengthening the demand side of general insurance business by ensuring that the “Make in India” and biomanufacturing push translates into valuable physical and digital assets that simply cannot afford to...
by AIP Online Bureau | Feb 1, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
Nirmala Sitharaman,Finance minister Allied Health Professional Institutes in 10 key disciplines will be set up and upgraded to create nearly one lakh skilled professionals over the next five years, through public and private sector participation. Additionally, a...
by AIP Online Bureau | Feb 1, 2026 | Eco/Invest/Demography, Indian News, Policy, Reinsurance
`Post the expiry of tax holiday period, the business income shall be taxed as the lowest rate of 15%. This is a shot in the arm and provides great certainty for clients looking at setting up their base in GIFT City (including for all the global reinsurers,fund...
