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IMF slashes global outlook as White House says trade talks pick up pace

IMF slashes global outlook as White House says trade talks pick up pace

by AIP Online Bureau | Apr 23, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management

With tariffs on goods coming into the world’s No. 1 economy now at their highest in a century, the IMF projects global growth in 2025 will slow to 2.8%—its poorest showing since the COVID-19 pandemic—from 3.3% in 2024 Worldwide economic output will slow in the months...
Cybercrime costs rose to at least $16 billion globally in 2024, says FBI

Cybercrime costs rose to at least $16 billion globally in 2024, says FBI

by AIP Online Bureau | Apr 23, 2025 | Eco/Invest/Demography, International News, Technology

The losses—a one-third increase over 2023—were largely driven by low tech scams, such as would-be investors swindled out of money online, or company employees tricked by deceptive emails into wiring large sums to criminals’ bank accounts. Tech support and romance...

Aditya Birla Capital becomes a corporate agent

by AIP Online Bureau | Apr 23, 2025 | Briefs, Life, Non-Life

After selling its insurance broking unit, Aditya Birla Capital Limited has announced that it has secured approval from the IRDAI to operate as a Corporate Agent (Composite). The license, granted on April 21, 2025, allows the company to solicit Life, General, and...

IRDAI approves Niva Bupa’s Krishnan Ramachandran 5-yr extension as CEO

by AIP Online Bureau | Apr 23, 2025 | Briefs, Health

Niva Bupa Health Insurance has received regulatory approval from the IRDAI for the re-appointment of Krishnan Ramachandran as CEO and MD. The re-appointment is effective for a five-year term from May 1, 2025, to April 30,...
Trump’s new tariff could shave off  0.5% points of India’s GDP: Finance Secy

Trump’s new tariff could shave off 0.5% points of India’s GDP: Finance Secy

by AIP Online Bureau | Apr 23, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management

“Second order (effects) would be important,” said Finance Secretary Ajay Seth, referring to concerns that trade turmoil would slow global growth The direct hit from tariffs introduced by Donald Trump’s administration on India could shave off between...
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