by AIP Online Bureau | Feb 12, 2026 | Eco/Invest/Demography, Health, Indian News, Policy, Regulation
“The government of India is not considering revoking, amending or relaxing this ban. India remains committed to evidence-based tobacco control and cessation measures,” the health ministry said in response to Reuters queries about the lobbying by Philip...
by AIP Online Bureau | Feb 12, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Regulation, Risk Management
The RBI mandated banks to refund the entire sum where mis‑selling has been established and to compensate customers for any losses in line with approved policies. Mumbai: The Reserve Bank of India (RBI) has proposed a ban on incentives paid by third parties to bank...
by AIP Online Bureau | Feb 11, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology
The country’s second-largest virtual asset exchange said it accidentally gave away about 620,000 bitcoins to customers during a promotional event, instead of 620,000 won ($426), triggering a 17% slump in bitcoin’s price. South Korea’s Bithumb said on Wednesday that...
by AIP Online Bureau | Feb 11, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Technology
M. Nagaraju, Secretary, Department of Financial Services Nagaraju emphasized the need for further strengthening measures for achieving goal of presence of at least one bank branch in each subdivision in the North Eastern region, enhancing insurance and pension...
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...
