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Investors’ wealth tumble over Rs 5.80 lakh cr in two days of market slump

by AIP Online Bureau | Dec 6, 2021 | Indian News

”Concerns over the new variant of Covid and the upcoming RBI meeting on interest rate kept the market volatile,” Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services Ltd said. Mumbai:Investors’ wealth tumbled Rs...

PSBs restructure over Rs 58,500 cr loan advanced to 9.8 lakh MSME accounts amid pandemic: Govt

by AIP Online Bureau | Dec 6, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Pandemic, Policy

While, as many as 8.5 lakh accounts of individual borrowers of over Rs 60,000 crore have also been restructured New Delhi:Public sector banks (PSBs) effected restructuring of 9.8 lakh accounts of micro, small and medium enterprises, due to the impact of Covid-19...

PMS, AIF asset base set to cross Rs 50 trn in 10 years: PMS Bazaar

by AIP Online Bureau | Dec 6, 2021 | Data, Eco/Invest/Demography

According to official data, assets under management of discretionary and non-discretionary PMS (non-EPFO) stood at Rs 3.97 lakh crore at the end of October 2021 New Delhi:With sophisticated investors looking beyond traditional retail-oriented investments, Portfolio...
NPS generated good returns for subscribers, says PFRDA Chairman

NPS generated good returns for subscribers, says PFRDA Chairman

by AIP Online Bureau | Dec 6, 2021 | Eco/Invest/Demography, Indian News, Pension & Social Security, Workplace/Employee Benefits

Supratim Bandyopadhyay,Chairman,PFRDA “Over a period of 12 years, the returns under equity schemes are more than 12 per cent, and in government securities, it was close to 9.9 per cent, and in corporate bonds, despite some credit events that we have seen, we...

Next pandemic could be more lethal than Covid, says Oxford vaccine creator

by AIP Online Bureau | Dec 6, 2021 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Pandemic

While the Covid-19 crisis is not over yet with the new super mutant Omicron spreading to 38 countries, the next pandemic could be even more lethal, said the creator of the Oxford/AstraZeneca vaccine Professor Sarah Gilbert. Delivering the 44th Richard Dimbleby...
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