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RBI hikes repo rate by 25 bps to 5.5 pc; changes stance to ‘calibrated tightening’

RBI hikes repo rate by 25 bps to 5.5 pc; changes stance to ‘calibrated tightening’

by AIP Online Bureau | Oct 7, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Sanjay Malhotra,Governor, Reserve Bank of India The RBI raised the country’s real GDP growth projection for the current financial year 2026-27 by 40 basis points to 7.1 per cent, citing the strength of economic activity despite global headwinds.It expects...

by AIP Online Bureau | Oct 6, 2026 | Workplace/Employee Benefits

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UK watchdog opens first Online Safety Act probe into Meta

UK watchdog opens first Online Safety Act probe into Meta

by AIP Online Bureau | Oct 6, 2026 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

Ofcom said its investigation would establish whether Meta carried out a “suitable and sufficient” assessment of the risks of illegal content on the feature and any risks posed to children before its launch. London:Britain’s communications regulator opened its first...
War in Ukraine escalates with drone strikes on cargo ships in Black Sea

War in Ukraine escalates with drone strikes on cargo ships in Black Sea

by AIP Online Bureau | Oct 6, 2026 | Eco/Invest/Demography, International News

They also reflect how the Black Sea is becoming an increasingly precarious corridor for agricultural trade, raising concerns over how crops from two of the world’s biggest exporters — Russia and Ukraine — will reach global buyers. Attacks on commercial vessels off the...
Starbucks sued over ‘sugar-free’ claims for protein beverages

Starbucks sued over ‘sugar-free’ claims for protein beverages

by AIP Online Bureau | Oct 6, 2026 | Health, International News

Consumers accused Starbucks of trying to capitalize on the desire of 75% of Americans to reduce or eliminate sugar consumption. They also said Starbucks failed to provide federally required disclaimers that the protein beverages are not low-calorie food or meant for...
E-Sanjeevani crosses 50 crore teleconsultations, strengthens country’s healthcare system

E-Sanjeevani crosses 50 crore teleconsultations, strengthens country’s healthcare system

by AIP Online Bureau | Oct 6, 2026 | Data, Eco/Invest/Demography, Health

eSanjeevani currently supports more than 1.42 lakh Ayushman Arogya Mandir spokes, 19,473 medical hubs and 901 online OPDs, with 2,41,923 registered healthcare providers. New Delhi: In a landmark achievement, India’s National Telemedicine Service, eSanjeevani, has...
Govt directs banks to increase awareness of claim eligibility in Jansuraksha insurance schemes

Govt directs banks to increase awareness of claim eligibility in Jansuraksha insurance schemes

by AIP Online Bureau | Oct 6, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

Sanjay Lohiya,secretary, Department of Financial Services , also asked banks to enrol all new beneficiaries of PMJJBY & PMSBY through the Jan Suraksha portal as the portal will be integrated with all banks and insurers thereby enhancing the quality of data and...
IRDAI’s distribution reforms faces pushback from brokers, auto dealers

IRDAI’s distribution reforms faces pushback from brokers, auto dealers

by AIP Online Bureau | Oct 6, 2026 | Indian News, Intermediaries, Life, Non-Life

Brokers are seeking an extension of a deadline for consultation on the proposals to late December from October 25, an independent impact assessment, as well as the removal of caps on commission. The proposals could lower broker revenues by nearly 70%, IBAI President...
South Korean president orders probe into data leaks across financial industry

South Korean president orders probe into data leaks across financial industry

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

Lee Jae Myung, President,South Korean “The entire financial sector should carry out swift and thorough security inspections,” Financial Services Commission Chairman Lee Eog-weon said in a statement Sunday, after an emergency meeting with executives from financial...
Flydubai co-pilot attacked pilot with axe in attempted ‘terrorist attack’, UAE says

Flydubai co-pilot attacked pilot with axe in attempted ‘terrorist attack’, UAE says

by AIP Online Bureau | Oct 5, 2026 | International News

The confirmation of the weapon used in the attack is also important, as reports of it being a pocket knife had raised additional questions about crew security checks and how a pilot could have snuck it in. A crash ax is a standard safety requirement in the cockpit for...
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