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Bharat Maritime Insurance Pool pushes down war-risk premiums for Hull and Cargo by 27-48%:Govt

Bharat Maritime Insurance Pool pushes down war-risk premiums for Hull and Cargo by 27-48%:Govt

by AIP Online Bureau | Jun 5, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Debasish Prusty, additional secretary, Department of Financial Services The re/insurers should explore the future roadmap in three steps: achieving sovereignty in maritime trade through development of a Protection and Indemnity(P&I) product domestically, scaling...
Anthropic calls for pause of global AI development

Anthropic calls for pause of global AI development

by AIP Online Bureau | Jun 5, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

The company has faced pushback from others in the industry – and officials in the White House – who say its focus on worst-case scenarios overstates the risks and amounts to a strategy for slowing rivals under the cover of safety concerns. Artificial...
JP Morgan, Aditya Birla Sun Life MF buy Go Digit shares worth Rs100 Crore

JP Morgan, Aditya Birla Sun Life MF buy Go Digit shares worth Rs100 Crore

by AIP Online Bureau | Jun 5, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Wealth Management/ Philanthropy

According to NSE block deal data, JP Morgan, through its affiliate JP Morgan (Taiwan) Eastern Technology Fund, and Aditya Birla Sun Life Mutual Fund purchased 33,33,500 shares, representing nearly a 0.4% stake in the Bengaluru-based insurer.The transaction marks a...
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,...
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