by AIP Online Bureau | Sep 20, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
According to the Reserve Bank of India (RBI), household net financial savings (HHNFS) collapsed to just 5.1 per cent of GDP in FY23, marking the lowest level in 47 years since FY77, the report said New Delhi: Household financial borrowings in FY23 surged to 5.8 per...
by AIP Online Bureau | Sep 20, 2023 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
”The domestic markets remained under pressure due to rising US bond yields and a stronger greenback. Concerns reigned over upcoming Fed policy, interest rate trajectory and rising oil prices. Bank Nifty underperformed today due to rising cost of funds and...
by AIP Online Bureau | Sep 20, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The Financial Conduct Authority (FCA) said on Wednesday it had asked insurers to check if their products offer value for money, a requirement reinforced by the watchdog’s tougher general “consumer duty” rule that came into force in July London:...
by AIP Online Bureau | Sep 20, 2023 | Eco/Invest/Demography, Health, Indian News
“It cannot be said that the Nipah threat has gone away. It is a relief that the disease has not spread to more people. The government is going ahead with effective measures to prevent the spread and ensure better treatment for those infected. The entire health...
by AIP Online Bureau | Sep 20, 2023 | Intermediaries, International News, Non-Life, Reinsurance
Ron Whyte, Head of Miller Asia, said: “APAC is a central pillar of Miller’s international growth strategy and a market in which we see clear long-term opportunities. We want to establish meaningful and value-add reinsurance capabilities in the region and establishing...
