by AIP Online Bureau | Jul 6, 2026 | Eco/Invest/Demography, Indian News, Life
“We will be setting up a life insurance company in the cooperative sector. This will help in the growth of cooperatives in the insurance sector.”Union Minister Amit Shah New Delhi:Union Minister Amit Shah on Monday said a cooperative life insurance company...
by AIP Online Bureau | Jul 6, 2026 | Data, Eco/Invest/Demography
Reflecting on the June 2026 performance, FADA President C S Vigneshwar said, “June’26 has been a landmark month for Indian Auto Retail — the best June ever recorded, with Two-Wheelers, Three-Wheelers, Commercial Vehicles, Passenger Vehicles and...
by AIP Online Bureau | Jul 5, 2026 | Eco/Invest/Demography, Indian News, Life
As per the current law, an entity cannot be a promoter in two insurance ventures. As a result, Prudential has to reduce its shareholding in ICICI Pru Life to under 10 per cent from around 22 per cent at present. Mumbai:The decision with regard to re-classification...
by AIP Online Bureau | Jul 4, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Technology
Dr. Debasish Prusty, Additional Secretary, Department of Financial Services is addressing the India Insurance Summit 2026 in Mumbai on Friday. Girija Subramanian, Chairman and Managing Director, New India Assurance is seen on the dias. The India Insurance Summit 2026,...
by AIP Online Bureau | Jul 4, 2026 | Eco/Invest/Demography, Indian News, Policy
The mandate to use the blend, called E20, came into force last year but is now one of the biggest political flashpoints for Prime Minister Narendra Modi’s government and motorists in the world’s third-biggest car market. NEW DELHI: India’s government...
by AIP Online Bureau | Jul 4, 2026 | Eco/Invest/Demography, Indian News, Regulation, Technology
Starting in 2019, lawsuits were brought by dozens of Indian and global firms – Amazon against fake shopping sites trading on its name and McDonald’s complaining against bogus sites offering franchises. In December, an Indian court blocked more than 1,100...
by AIP Online Bureau | Jul 4, 2026 | Indian News, Regulation
There have been concerns that hefty upfront commissions encourage distributors to prioritise sales volumes over customer suitability, resulting in mis-selling and customers being pushed into purchasing policies frequently. MUMBAI: India’s insurance regulator is...
by AIP Online Bureau | Jul 2, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Extreme weather events — such as the heat wave gripping Europe — are making a growing number of assets too risky to insure, according to a director at Europe’s largest primary insurer. “Certain locations and perils cannot be covered as we would wish them to be...
by AIP Online Bureau | Jul 2, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
The RBI also told the Parliamentary Standing Committee on Finance, headed by BJP member Bhartruhari Mahtab, that China and Qatar are among the countries that have banned such financial activities, while Europe has allowed virtual digital assets in a very stringent,...
by AIP Online Bureau | Jul 2, 2026 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology
In its notice to WhatsApp, the government had expressed concern that the proposed username feature may “materially increase” cases of online fraud, phishing, digital arrest scams, and impersonation attacks by enabling bad actors to solicit and message victims. New...
