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RBI keeps repo rate unchanged at 5.25%,lowers GDP forecast to 6.6 %, raises inflation to 5.1% for FY27

RBI keeps repo rate unchanged at 5.25%,lowers GDP forecast to 6.6 %, raises inflation to 5.1% for FY27

by AIP Online Bureau | Jun 5, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation

Sanjay Malhotra, Governor,Reserve Bank of India “The central bank’s rate panel noted that the global environment has deteriorated,” RBI Governor Sanjay Malhotra said. ​ The central bank’s rate panel felt it was “prudent” to wait...
Maruti Suzuki unveils India’s first flex-fuel car as govt pushes for greater ethanol mix in petrol

Maruti Suzuki unveils India’s first flex-fuel car as govt pushes for greater ethanol mix in petrol

by AIP Online Bureau | Jun 5, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Technology

From left, Maruti Suzuki India MD and CEO Hisashi Takeuchi, Union Road Transport and Highways Minister Nitin Gadkari and Union Petroleum and Natural Gas Minister Hardeep Singh Puri during the launch of the company’s first flex fuel car, in New Delhi, Thursday,...
Agriculture Insurance Company settles Rs9,571 cr of claims, benefits more than 1.75 crore farmers in FY26

Agriculture Insurance Company settles Rs9,571 cr of claims, benefits more than 1.75 crore farmers in FY26

by AIP Online Bureau | Jun 4, 2026 | Indian News, Non-Life, Technology

AIC strengthened its technology-enabled insurance ecosystem through the use of advanced analytics, geospatial technologies, satellite imagery, remote sensing and AI-based tools, Lavanya Mundayur,CMD, Agriculture Insurance Company New Delhi:State owned Agriculture...
New Lloyd’s consortium brings together capacity up to $345 million per risk globally as WTPV market surges

New Lloyd’s consortium brings together capacity up to $345 million per risk globally as WTPV market surges

by AIP Online Bureau | Jun 4, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Jonathan Powell, Managing Director, Guy Carpenter said,“Clients are facing urgent and complex capacity needs following the Middle East conflict. Guy Carpenter was pleased to place the TFP PVT Consortium to provide structured, dependable capacity at scale. This...
Insurers underestimating earthquake losses due to “sonic boom” blind spot:MS Amlin

Insurers underestimating earthquake losses due to “sonic boom” blind spot:MS Amlin

by AIP Online Bureau | Jun 4, 2026 | International News, Non-Life, Reinsurance, Technology

Researchers at the Lloyd’s insurer found so called “supershear” earthquakes accounted for 66% of insured losses from earthquakes since 2016 – equivalent to $13.2 billion – yet are absent from seismic hazard models, building design codes and insurance catastrophe...
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