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SC refers pleas for legal validation of same-sex marriages to five-judge constitution bench, terms it seminal issue

SC refers pleas for legal validation of same-sex marriages to five-judge constitution bench, terms it seminal issue

by AIP Online Bureau | Mar 13, 2023 | Eco/Invest/Demography, Indian News

“Having due regard to the broader context of the petitions before this court, the inter-relationship between the statutory regime and constitutional rights, we are of the considered view that it would be appropriate if the issues raised are resolved by a...

Outflows in debt mutual funds continue, Rs 13,815-cr withdrawn in Feb

by AIP Online Bureau | Mar 13, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

”With the central bank’s focus on moderating inflation, the monetary policy has been tailored to ensure a disinflation process. Despite expectations around the February rate hike of 25 basis points likely being amongst the last, largely owing to a...
E-rupee worth over Rs 130 crore in circulation: Sitharaman

E-rupee worth over Rs 130 crore in circulation: Sitharaman

by AIP Online Bureau | Mar 13, 2023 | Eco/Invest/Demography, Indian News, Regulation, Technology

It is being distributed through financial intermediaries, i.e., banks. Users can transact with e₹-R through a digital wallet offered by the participating banks and stored on mobile phones/devices. Institutional merchants like retail chains, petrol pumps etc. have also...
LIC’s debt exposure in Adani group cos dips marginally to Rs 6,183 cr as of March 5

LIC’s debt exposure in Adani group cos dips marginally to Rs 6,183 cr as of March 5

by AIP Online Bureau | Mar 13, 2023 | Eco/Invest/Demography, Indian News, Life

LIC’s exposure in Adani Power (Mundra) was Rs 266 crore, Adani Power Maharashtra Ltd – Phase I (Rs 81.60 crore), Adani Power Maharashtra Ltd – Phase III (Rs 254.87 crore), Raigarh Energy Generation Ltd (Rs 45 crore) and Raipur Energen Ltd (Rs 145.67...

Markel strengthens global downstream energy offering with two appointments

by AIP Online Bureau | Mar 13, 2023 | International News, Non-Life, Reinsurance

Markel’s downstream energy team has now grown to include five underwriters who collectively deploy $150m of capacity on each risk, which has increased from $25m when the team was formed in 2017. London: Markel International, a subsidiary of the Markel Corporation, has...
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