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Arbitrators’ independence impartiality critical to arbitration process CJI

Arbitrators’ independence impartiality critical to arbitration process CJI

by AIP Online Bureau | Mar 6, 2024 | Eco/Invest/Demography, Indian News

D Y Chandrachud,Chief Justice of India Justice Chandrachud noted that over 90 per cent of international commercial contracts contain arbitration agreements and this unparalleled growth is rooted in its ability to create a neutral forum that all parties involved are...
Indian economy’s GDP growth in FY 24 could be “very close”: RBI governor Das

Indian economy’s GDP growth in FY 24 could be “very close”: RBI governor Das

by AIP Online Bureau | Mar 6, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

He reiterated that the RBI’s monetary policy committee remained focused on bringing inflation down to its target of 4% and, despite prices being on a clear downward trajectory, major uncertainties such as geopolitical and weather risks remained Mumbai: The...
Life protection plan for Indian blue-collar workers unveiled in the UAE

Life protection plan for Indian blue-collar workers unveiled in the UAE

by AIP Online Bureau | Mar 6, 2024 | International News, Life, Non-Life

Around 3.5 million Indians reside in the UAE, of which about 65 per cent are blue-collar workers, who form one of the largest groups of migrant workers in the UAE. In 2022, the consulate registered a total of 1,750 death cases, of which around 1,100 were workers...

India to grow at 6.8 pc in FY’25, to become upper middle-income country by 2031

by AIP Online Bureau | Mar 6, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

“A projected average expansion of 6.7 per cent in this period will make India the third-largest economy in the world and lift per capita income to the upper-middle income category by 2031,” Crisil said.India, with a GDP size of USD 3.6 trillion, is...
Number of farmers under PM’s crop insurance scheme rises by 27 pc in 2023-24: Govt

Number of farmers under PM’s crop insurance scheme rises by 27 pc in 2023-24: Govt

by AIP Online Bureau | Mar 6, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management

During this period, a total amount of nearly Rs 31,139 crore was paid by farmers as their share of premium against which claims of over Rs 1,55,977 crore have been paid to them. Thus, for every Rs100 of premium paid by farmers, they have received about Rs 500 as...
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