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LIC’s Post IPO business plan a threat to private firms: Credit Suisse Report

by AIP Online Bureau | Feb 20, 2022 | Indian News, Life, Wealth Management/ Philanthropy

The report notes that LIC’s margin has already gone by up 700 bps to 9.9 percent after government amended LIC’s surplus/profit distribution rules which allows it to make a 10 per cent shift in the business mix from participating policies to...

Singaporeans fall prey to Chinese-origin ‘pig-butchering’ crypto scam

by AIP Online Bureau | Feb 20, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

Losses average USD 134,940 per person, based on over 400 victims surveyed by the organisation from North America, Europe, Taiwan and South-east Asia, according to the report “They were asked to pay administrative fees, security fees or taxes in order to reap...

FPIs pull out Rs 18,856 cr from Indian markets in Feb so far

by AIP Online Bureau | Feb 20, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

”Geopolitical tension and chances of a rate hike by US Fed have triggered outflows from FPIs in the recent times from the Indian equity markets. They sharply increased the pace of selling after the US Fed indicated an end of the ultra-loose monetary policy...

EPFO mulling new pension scheme for formal workers getting over Rs 15K basic wage

by AIP Online Bureau | Feb 20, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security

”There has been demand for higher pension on higher contributions among the members of the Employees’ Provident Fund Organisation (EPFO). Thus, it is under active consideration to bring out a new pension product or scheme for those whose monthly basic...
ICAO enhances UN cooperation to advance counter-terrorism initiatives in international civil aviation

ICAO enhances UN cooperation to advance counter-terrorism initiatives in international civil aviation

by AIP Online Bureau | Feb 20, 2022 | International News, Risk Management

It is additionally expected to maximize related deliverables to Member States in a variety of areas of ICAO/UNOCT focus, including initiatives pertaining to unmanned aircraft systems (drones) and cybersecurity Montréal: Juan Carlos Salazar, Secretary...
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