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Parl panel to discuss impact of West Asia crisis on India’s maritime trade

Parl panel to discuss impact of West Asia crisis on India’s maritime trade

by AIP Online Bureau | May 25, 2026 | Eco/Invest/Demography, Indian News, Policy

India’s maritime trade, especially in the energy sector, has been hit after the West Asia war broke out on February 28, disrupting ship movement in the Strait of Hormuz. A large portion of India’s fuel supplies came from the Gulf and West Asian countries....
Govt to constitute high-level panel on banking soon: FM

Govt to constitute high-level panel on banking soon: FM

by AIP Online Bureau | Feb 8, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

Nirmala Sitharaman,Finance Minister “I propose setting up a ‘High Level Committee on Banking for Viksit Bharat’ to comprehensively review the sector and align it with India’s next phase of growth, while safeguarding financial stability,...
RBI panel recommends AI framework for finance sector

RBI panel recommends AI framework for finance sector

by AIP Online Bureau | Aug 13, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

“The report envisions a financial ecosystem where encouraging innovation is in harmony, and not at odds, with mitigation of risk,” the RBI said in a statement MUMBAI: An RBI panel has recommended that banks and other financial institutions formulate a...
FSIB panel headed by BS Sharma gets one year extension

FSIB panel headed by BS Sharma gets one year extension

by AIP Online Bureau | Jul 1, 2025 | Indian News, Life, Non-Life

For insurance sector appointment, Usha Sangwan, former Managing Director, LIC, A.V. Girija Kumar, former Chairman and Managing Director, Oriental Insurance Company Ltd and Sujay Banarji, former whole-time member (distribution), IRDAI, too have been given extension as...

Panel comprising RBI academia preparing new base year for GDP

by AIP Online Bureau | Dec 2, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

The government has decided to update the base year for compilation of Gross Domestic Product (GDP) from 2011-12 to 2022-23, said the Minister of State for Statistics & Programme Implementation Rao Indjerjit Singh in a written reply to Rajya Sabha New Delhi: A...
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