Arif Amiri, Chief Executive Officer of DIFC Authority, said, “With...
Category:
Eco/Invest/Demography
Latest
Large-cap funds delivered better returns than Nifty; Small-cap funds struggled in March: Report
It said “Out of the 298 open-ended equity diversified funds, about...
Gold demand in India declined 15% in Q1-2025 amid high prices: WGC
Gold prices have risen 25 per cent since the beginning of 2025,...
Asia now world’s largest debtor and saver; need to focus on fiscal stability to handle debt distress: IMF
The warning comes as the fund, a lender of last resort, downgrades its 2022 growth forecast for the Asia-Pacific region by 0.9 percentage point to 4%. For 2023, it expects growth to be 4.3%, down 0.7 percentage point than previously seen. Asia’s economies will need to...
World dangerously close to recession, warns World Bank President
All of the problems that people have taken note of, the inflation problem, the interest rate rises, and the cutoff of capital flows to the developing world hits the poor hard, he said, adding that's a huge challenge for the bank Washington: World Bank President David...
Inter-Regulatory Technical Group on FinTech issues norms for approving hybrid regulatory Sandbox
In order to facilitate testing of innovative products/services falling within the regulatory ambit of more than one financial sector regulators viz. RBI, SEBI, IRDAI, IFSCA and PFRDA, a Standard Operating Procedure (SOP) for Standard Operating Procedure for...
APAC life insurers’ large liquidity positions limit derivative exposure risks
Japanese life insurers’ derivative-related exposures are higher than those of other insurers in the region, primarily because of hedged foreign-exchange risks, mainly against the US dollar. Generally, 50%-90% of these currency risks are hedged and transactions are...
NHAI InvIT looks to raise additional Rs 3,800 cr: Minister Nitin Gadkari
Nitin Gadkari, Road Transport and Highways Minister. Gadkari said that the InvIT, so far, has raised more than Rs 8,000 crore from foreign and Indian institutional investors.Infrastructure Investment Trusts (InvITs) are instruments on the pattern of mutual funds,...
Govt accords infrastructure status to data centres with over 5 MW capacity
According to an ICRA report, data centres capacity expansion in India by both foreign and local firms is expected to add investments to the tune of Rs 1.05 lakh to 1.2 lakh crore over the period of next five years. New Delhi: The government has accorded infrastructure...
Crypto hackers set for record year after looting over $3 billion: Report
At least $718 million has been stolen so far in October alone, taking the gross tally for the year past $3 billion and putting 2022 on course to be a record for the total value hacked, according to blockchain specialist Chainalysis Inc. Most of the targets are...
Net-zero: India can create 37 million additional jobs by 2050 through planning and investments, says Swiss Re
Paul Murray, CEO Reinsurance Asia at Swiss Re India is vulnerable to weather risks and its adaptive capacity for climate change is low when measured against the Swiss Re Institute's Climate Economics Index, which ranks India 45th (out of 48 markets), with only the...
Indian women prefer savings plans among life insurance products: Tata AIA survey
72% of women believe life insurance is integral to their financial planning post-Covid-19. The respondents from tier-3 cities feel more strongly about this. A savings plan was the most preferred among life insurance products, followed by term insurance. Pension plans...
India is a bright light economy, but key structural reforms needed for $10 trillion GDP: IMF chief economist
Pierre-Olivier Gourinchas, chief economist,IMF ''The way these digital tools can be deployed to improve financial inclusion or to facilitate access to administrative services, and things like that. And that is a testimony to the sort of innovation in that sector that...