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Covid-19: INSACOG confirms presence of BA.4, BA.5 Omicron variants in India

by AIP Online Bureau | May 22, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life

“A-19-year-old female in Tamil Nadu has been found infected with the BA.4 variant of SARS-CoV-2,” said INSACOG in a statement, adding that the patient has shown only mild clinical symptoms and has been fully vaccinated and has no travel history New Delhi:...
India considering spending additional $26 billion to fight inflation

India considering spending additional $26 billion to fight inflation

by AIP Online Bureau | May 22, 2022 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

India’s retail inflation rose to an eight-year high in April, while wholesale inflation rose to at least a 17-year high, posing a major headache for Prime Minister Narendra Modi’s government ahead of elections to several state assemblies this year The...

MFs collect Rs 1.08 lakh cr via 176 NFOs in FY22 on retail investors’ interest

by AIP Online Bureau | May 22, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

According to the data compiled by Morningstar India, there were 176 new fund offers (including closed-end funds and ETFs) in 2021-22. These managed to collect a staggering Rs 1,07,896 crore during their inception stage This was way higher than 84 NFOs floated in...

FPIs dump Indian equities worth over Rs 35,000 crore in May so far

by AIP Online Bureau | May 22, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

”Since the mother market, US, is weak and dollar is strengthening, FPIs are likely to continue selling in the near term,” V K Vijayakumar, Cheif Investment Strategist at Geojit Financial Services, said Himanshu Srivastava, Associate Director –...

India needs strong cyber security norms to curb misuse of VPNs

by AIP Online Bureau | May 22, 2022 | Eco/Invest/Demography, Indian News, Risk Management, Technology

As per the new policy, any service provider, intermediary, data centre, body corporate and government organisation will mandatorily report cyber incidents within six hours. As per CERT-In, there are various types of other offences like data breach, data leak, spread...
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