by AIP Online Bureau | Dec 8, 2021 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits
With reports that the new COVID variant Omicron is unlikely to be more severe than the Delta variant, an overall positive sentiment persisted in the global markets Mumbai: Investors saw their wealth rise by more than Rs 3.96 lakh crore on Wednesday as stocks continued...
by AIP Online Bureau | Dec 8, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
Shaktikanta Das, governor, RBI The RBI’s monetary policy committee held the lending rate, or the repo rate, at 4%. The reverse repo rate, or the key borrowing rate, was also maintained at 3.35% RBI governor Das said that the Indian economy is relatively...
by AIP Online Bureau | Dec 8, 2021 | Facts, Health, Policy, Regulation
UN: Forty countries now have best-practice trans fat elimination policies in effect, protecting 1.4 billion people from this deadly food compound, according to a report released on Tuesday by the World Health Organization (WHO). Around 940 million people living in...
by AIP Online Bureau | Dec 8, 2021 | Eco/Invest/Demography, Facts
According to the report, average household wealth in India stands at Rs 983,010 New Delhi: India stands out as a poor and very unequal country, with the top 1 per cent of the population holding more than one-fifth of the total national income in 2021 and the bottom...
by AIP Online Bureau | Dec 7, 2021 | Workplace/Employee Benefits
Insurers will now need to investigate and test how the model will operate to drive down premiums and improve availability for cyclone and cyclone-related flood and we look forward to further engagement with Government over the next two weeks of consultation on the...