by AIP Online Bureau | Aug 5, 2026 | Eco/Invest/Demography, Indian News, Life, Policy, Regulation
“Offer for Sale in the Life Insurance Corporation of India (LIC) closed with an overwhelming response from both retail and institutional investors. The issue was oversubscribed on both days, and the Government exercised its entire green shoe option. With this,...
by AIP Online Bureau | Aug 5, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The report, said, “Crossings through the Strait of Hormuz reached 15 on August 3, down from a revised figure of 19 a day earlier,” based on data from S&P Global MINT and S&P Global Commodities at Sea. New Delhi: Shipping activity through the Strait...
by AIP Online Bureau | Aug 5, 2026 | Eco/Invest/Demography, Technology
An amendment to India’s Payment and Settlement Systems Act, tabled in parliament by Finance Minister Nirmala Sitharaman, would allow the introduction of a merchant discount rate (MDR) on digital...
by AIP Online Bureau | Aug 5, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy
RBI marginally raised the growth forecast to 6.7 per cent while lowering inflation projection to 5 per cent for the current fiscal. Mumbai: In an expected move, the Reserve Bank of India on Wednesday kept key interest rates unchanged for the third time in a row this...
by AIP Online Bureau | Aug 5, 2026 | Workplace/Employee Benefits
Europe’s major industrial arteries, the Rhine and Danube, are plunging toward historic lows as successive heat waves and prolonged drought disrupt cargo transport, raise freight costs and threaten power generation—highlighting the growing economic risks of climate...
