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RBI raises key rate, says inflation battle not over, lowers economic growth projection to 6.8 pc

RBI raises key rate, says inflation battle not over, lowers economic growth projection to 6.8 pc

by AIP Online Bureau | Dec 7, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

“The MPC was of the view that further calibrated monetary policy action was warranted to keep inflation expectations anchored, break core inflation persistence and contain second round effects,” said Shaktikanta Das,governor, RBI The MPC lowered its GDP growth...
Hackers attack ICMR website around 6000 times in a day: Official

Hackers attack ICMR website around 6000 times in a day: Official

by AIP Online Bureau | Dec 7, 2022 | Indian News, Risk Management, Technology

A proposal for developing an ICMR Data Centre (Delhi and Chennai) and a Disaster-Recovery site (Bangalore) is being developed on a turnkey basis. New Delhi: Hackers allegedly tried to breach the website of the apex health research body ICMR but their attempts were...
More than 1 in 5 worldwide suffering from violence at work: ILO

More than 1 in 5 worldwide suffering from violence at work: ILO

by AIP Online Bureau | Dec 6, 2022 | Eco/Invest/Demography, International News, Non-Life, Workplace/Employee Benefits

The most common reasons given for non-disclosure were that it was seen as a “waste of time”, leaving people who have been abused, fearing for their reputation. Women were more likely to share their experiences than men (60.7 per cent compared to 50.1 per...
Cryptoverse: Forget crypto winter, this is a bitcoin ‘bloodbath’

Cryptoverse: Forget crypto winter, this is a bitcoin ‘bloodbath’

by AIP Online Bureau | Dec 6, 2022 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy

It’s been a brutal year for investors. Bitcoin’s price has dropped 63%, while the overall cryptocurrency market capitalization has lost $1.63 trillion in value. The collapse of Sam Bankman-Fried’s FTX exchange hammered a long nail into the market....
Oil tankers blocked near Turkey by proof-of-insurance rule

Oil tankers blocked near Turkey by proof-of-insurance rule

by AIP Online Bureau | Dec 6, 2022 | International News, Non-Life, Reinsurance

The measure, which came into force on Friday, compels ships carrying crude oil to have a letter from their insurer guaranteeing cover while in Turkey’s waters. Oil shipments from Russia and Kazakhstan are getting ensnared in a Turkish government rule to provide proof...
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