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Govt, exporters to discuss Red Sea crisis issue on March 8

Govt, exporters to discuss Red Sea crisis issue on March 8

by AIP Online Bureau | Mar 7, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management

After Yemen-based Houthi rebels have targeted ships in the Red Sea and surrounding waters over the Israel-Hamas war. the shipping costs have jumped and consignments are taking more time to reach Europe and the US as the ships are taking the Cape of Good Hope route,...
Arbitrators’ independence impartiality critical to arbitration process CJI

Arbitrators’ independence impartiality critical to arbitration process CJI

by AIP Online Bureau | Mar 6, 2024 | Eco/Invest/Demography, Indian News

D Y Chandrachud,Chief Justice of India Justice Chandrachud noted that over 90 per cent of international commercial contracts contain arbitration agreements and this unparalleled growth is rooted in its ability to create a neutral forum that all parties involved are...
Indian economy’s GDP growth in FY 24 could be “very close”: RBI governor Das

Indian economy’s GDP growth in FY 24 could be “very close”: RBI governor Das

by AIP Online Bureau | Mar 6, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

He reiterated that the RBI’s monetary policy committee remained focused on bringing inflation down to its target of 4% and, despite prices being on a clear downward trajectory, major uncertainties such as geopolitical and weather risks remained Mumbai: The...
Life protection plan for Indian blue-collar workers unveiled in the UAE

Life protection plan for Indian blue-collar workers unveiled in the UAE

by AIP Online Bureau | Mar 6, 2024 | International News, Life, Non-Life

Around 3.5 million Indians reside in the UAE, of which about 65 per cent are blue-collar workers, who form one of the largest groups of migrant workers in the UAE. In 2022, the consulate registered a total of 1,750 death cases, of which around 1,100 were workers...

India to grow at 6.8 pc in FY’25, to become upper middle-income country by 2031

by AIP Online Bureau | Mar 6, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

“A projected average expansion of 6.7 per cent in this period will make India the third-largest economy in the world and lift per capita income to the upper-middle income category by 2031,” Crisil said.India, with a GDP size of USD 3.6 trillion, is...
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