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RBI raises key policy rate by 50 bps to rein in inflation, slashes growth target to 7.2% from 7%

RBI raises key policy rate by 50 bps to rein in inflation, slashes growth target to 7.2% from 7%

by AIP Online Bureau | Sep 30, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy

RBI retained the inflation projection at 6.7 percent for the current fiscal while slashing the real GDP growth estimate to 7 percent from the earlier forecast of 7.2 percent for FY’23. India’s annual retail inflation rate accelerated to 7% in August,...

World Heart Day: Doctors urge people to donate organs, highlight shortage

by AIP Online Bureau | Sep 29, 2022 | Facts, Health

”It is extremely unfortunate that 17 people die each day waiting for an organ transplant in our country. Unfortunately, the organ donation rate in India is very low (0.26 per million population) as compared to many other countries, despite a sound regulatory and...

Alzheimer’s drug study yields positive results, say makers Eisai and Biogen

by AIP Online Bureau | Sep 29, 2022 | Facts, Health

Multiple drugmakers have so far tried and failed to find an effective treatment for the brain-wasting disease that affects about 55 million people globally. A breakthrough would be a major boost to similar studies being run by Roche and Eli Lilly An experimental...

Hybrid work creating disconnect between employees, leaders: Microsoft survey

by AIP Online Bureau | Sep 29, 2022 | Facts, Health, Technology, Workplace/Employee Benefits

”93 per cent of leaders in India say getting employees back to the office in-person is a concern. The report finds that people are more likely to come in for each other than any other reason. 80 per cent of employees in India say they need a better reason to go...

Govt pushes back six car airbags rule by a year to Oct 2023

by AIP Online Bureau | Sep 29, 2022 | Indian News, Non-Life, Policy, Risk Management, Technology

Mandating six airbags is part of a renewed push by the road transport ministry to improve safety after Cyrus Mistry, the former chairman of Indian conglomerate Tata Sons, died in a recent car crash NEW DELHI: The government will require all passenger cars to have a...
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