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Another rate hike on cards, say experts ahead of RBI’s MPC meeting

by AIP Online Bureau | Jun 5, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Policy

Recently in a TV interview, the governor said that the ”expectation of rate hike is a no-brainer, there will be some increase in the repo rates, but by how much I will not be able to tell now but to say that 5.15 may not be very accurate”. Mumbai: With...

FPIs outflow continues for 8th straight month; pull out nearly Rs 40,000-cr from equities in May

by AIP Online Bureau | Jun 5, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Going ahead, FPI flows will remain volatile in the emerging markets on account of rising geo-political risk, rising inflation, tightening of monetary policy by central banks, among others, Shrikant Chouhan, Head – Equity Research (Retail), Kotak Securities said...

12 people killed, 21 injured in explosion at a factory in UP’s Hapur

by AIP Online Bureau | Jun 4, 2022 | Indian News, Non-Life, Workplace/Employee Benefits

There were around 30 people in the affected area at the factory in the UPSIDC industrial area in Dholana, around 80 km from the national capital, when the incident occurred, they said  Hapur (UP)  At least 12 workers died and 21 were injured when a boiler exploded at...

Crop insurance for pomegranate, other horticulture crops too: CM Bommai

by AIP Online Bureau | Jun 4, 2022 | Health, Indian News, Non-Life, Policy

Karnataka Chief Minister Basavaraj Bommai said 100 Primary Health Centres are being upgraded, and Rs 500 crore has been set aside for health care of senior citizens which includes free eye surgeries, distribution of cochlear hearing aids  Chitradurga (Karnataka):...

Test makers target Monkeypox market as cases rise globally

by AIP Online Bureau | Jun 4, 2022 | Health, International News, Non-Life

More than 550 confirmed cases of monkeypox have been reported by about 30 countries since early May. The majority were in Europe and not linked to travel to Africa, where the virus is endemic. Public health authorities suspect some degree of community transmission. No...
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