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Investor wealth surges over Rs 3.96 lakh cr as market rally continues

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...
RBI leaves rates unchanged,continues accommodative stance

RBI leaves rates unchanged,continues accommodative stance

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...

Countries with regulations against industrially produced trans fats tripled over the past year

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...

India among most unequal nations; top 1 pc of population holds 22 pc of national income: Report

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...

Australia releases of draft Reinsurance Pool Bill

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...
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