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Air India checking fuel switches on its Boeing Dreamliners, memo says

Air India checking fuel switches on its Boeing Dreamliners, memo says

by AIP Online Bureau | Feb 3, 2026 | Indian News, Regulation, Risk Management, Technology

The checks have not unearthed any issues so far and will not require grounding of the fleet, a source with direct knowledge of the matter said. The carrier, owned by Tata Group and Singapore Airlines, has a fleet of 33 Boeing 787 aircraft, according to Flightradar24....
SC slams WhatsApp Meta over privacy policy says will pass interim order on Feb 9

SC slams WhatsApp Meta over privacy policy says will pass interim order on Feb 9

by AIP Online Bureau | Feb 3, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

“You can’t play with the right of privacy of this country in the name of data sharing. We will not allow you to share a single word of the data, either you give an undertaking…you cannot violate the right of privacy of citizens,” the CJI said New Delhi:...
UN nuclear watchdog discusses risks to Ukraine’s nuclear safety after relentless Russian strikes

UN nuclear watchdog discusses risks to Ukraine’s nuclear safety after relentless Russian strikes

by AIP Online Bureau | Feb 2, 2026 | Eco/Invest/Demography, International News, Risk Management

Although nuclear power plants produce energy themselves, they rely on an uninterrupted supply of external power from electrical substations to ensure reactor cooling. In the event of a sudden loss of power, emergency diesel generators are available. But if those fail,...

Dutch regulator to probe Roblox over risks to minors

by AIP Online Bureau | Feb 2, 2026 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

The regulator said it will assess whether Roblox is taking adequate measures to protect minors, referring to the EU’s Digital Services Act, which requires platforms to take appropriate and proportionate measures to ensure safety for minors using their services. The...

Trafigura wins $600 million nickel fraud lawsuit against businessman Gupta

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...
IRDAI to come out with new regulations on industry’s commission structure soon:Seth

IRDAI to come out with new regulations on industry’s commission structure soon:Seth

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...
Air India pilot reports a possible defect in fuel control switch of Boeing 787-8, aircraft grounded

Air India pilot reports a possible defect in fuel control switch of Boeing 787-8, aircraft grounded

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...
Budget 2026 proposes penalties to tighten crypto transaction reporting

Budget 2026 proposes penalties to tighten crypto transaction reporting

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...
Govt mulls allowing 49% FDI in PSU banks

Govt mulls allowing 49% FDI in PSU banks

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...

Axis Max Life Insurance join hands with Muthoot Microfin

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...
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