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EMIs and FDs to rise as RBI raises kay rate by 40 bps to 4.40%, CRR by 50 bps to check raging inflation

EMIs and FDs to rise as RBI raises kay rate by 40 bps to 4.40%, CRR by 50 bps to check raging inflation

by AIP Online Bureau | May 4, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

Reserve Bank of India Governor Shaktikanta Das said that Monetary Policy Committee (MPC) will retain its accommodative monetary policy stance at a time when globally inflation is rising alarmingly even as investment activity is showing some traction in the country...
Heat waves-testing the limits of human survival in India

Heat waves-testing the limits of human survival in India

by AIP Online Bureau | May 4, 2022 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Policy

Daily power outages driven by a surge in demand for electricity have resulted in blackouts as long as eight hours in some parts of India, while coal stocks — the fuel that accounts for 70% of the country’s electricity generation — are running low, prompting warnings...
LIC’s Rs 21 k mega IPO opens for subscription; to close on May 9

LIC’s Rs 21 k mega IPO opens for subscription; to close on May 9

by AIP Online Bureau | May 4, 2022 | Workplace/Employee Benefits

The retail investors and eligible employees will get a discount of Rs 45 per equity share, and policyholders will get a discount of Rs 60 per equity share Mumbai: LIC public offer, the country’s biggest-ever IPO, on Wednesday opened for subscription for retail...
82 lakh deaths in 2020 in India; 1.48 lakh due to COVID-19: RGI

82 lakh deaths in 2020 in India; 1.48 lakh due to COVID-19: RGI

by AIP Online Bureau | May 3, 2022 | Health, Indian News, Pandemic

According to Union health ministry data, provided on Tuesday morning, 5,23,889 people have lost their lives to the virus in the country since early 2020. Registered births, the data said, decreased from 2.48 crore in 2019 to 2.42 crore in 2020, a drop of about 2.4 per...
Mere suppression of false info doesn’t mean employer can arbitrarily terminate employee: Supreme Court

Mere suppression of false info doesn’t mean employer can arbitrarily terminate employee: Supreme Court

by AIP Online Bureau | May 3, 2022 | Indian News, Policy, Workplace/Employee Benefits

“Mere suppression of material/false information regardless of the fact whether there is a conviction or acquittal has been recorded, the employee/recruit is not to be discharged/terminated axiomatically from service just by a stroke of the pen. New Delhi: Mere...
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