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Gold imports rise over 2-fold to $38 bn in Apr-Dec 2021

by AIP Online Bureau | Jan 16, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

India is the world’s second-biggest gold consumer after China. The imports mainly take care of the demand by the jewellery industry India’s gold imports, which has a bearing on the country’s current account deficit (CAD), more than doubled to $38...

From pandemic to endemic: Can 2022 succeed where 2021 failed?

by AIP Online Bureau | Jan 16, 2022 | Articles, Health, Pandemic

Health experts, however, are preaching caution, saying there’s too much uncertainty about how the virus will evolve, how much immunity society has built up and potential damage if people stop being careful After two years of contagion and death, Covid is shifting...

Investors seek safe havens as Omicorn spreads in Asian markets

by AIP Online Bureau | Jan 16, 2022 | Eco/Invest/Demography, Health, International News, Pandemic

“Asia will be better braced to cope with omicron waves, which may prove to be more short-lived,” said Wai Ho Leong, a strategist at Modular Asset Management. “Markets that are better vaccinated and have timely social distancing curbs are also likely to recover faster...

Russia takes down REvil hacking group at U.S. request – FSB

by AIP Online Bureau | Jan 16, 2022 | International News, Technology

The United States has been hit by a string of high-profile hacks by ransom-seeking cybercriminals. A source with direct knowledge of the matter told Reuters in June that REvil was suspected of being the group behind a ransomware attack on the world’s biggest...

“Provide separate bucket for life insurance premium, tax-free annuity in Budget”

by AIP Online Bureau | Jan 16, 2022 | Indian News, Life, Policy

The Rs 1,50,000 limit for tax rebates is a pretty cluttered bucket and it does not give much space for the life insurance premiums (to get the full benefit of tax exemption), Karthik Raman, CMO and Head – Products, Ageas Federal Life Insurance, told PTI Life...
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