by AIP Online Bureau | Sep 15, 2019 | Banking & Bancassurance, Indian News, Non-Life
LEH: The largest lender State Bank has dropped its plan to take its general insurance arm public as there is no need for additional capital now, chairman Rajnish Kumar has said. Investor interest for its cards business is very high, and SBI Card listing...
by AIP Online Bureau | Sep 15, 2019 | Eco/Invest/Demography, Indian News
Mumbai: Foreign portfolio investors turned net buyers in the first half of September, pumping in Rs 1,841 crore into the capital markets, after remaining sellers for the previous two months. The latest inflows have been triggered by improving investor sentiment...
by AIP Online Bureau | Sep 14, 2019 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: Finance Minister Nirmala Sitharaman on Saturday announced an over Rs 70,000 crore package for the exports and real estate sectors, including setting up of a stressed asset fund, as the government continued with firefighting measures to pull the economy out...
by AIP Online Bureau | Sep 14, 2019 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Facts, Intermediaries, Non-Life, Reinsurance, Risk Management
LONDON: The Thinking Ahead Institute’s (TAI) Extreme risks 2019 report and ranking, which categorises rare events that could have a high impact on global economic growth and asset returns, has a new top three: global temperature change, global trade...
by AIP Online Bureau | Sep 14, 2019 | International News, Non-Life, Risk Management, Technology
Dubai: Drone attacks targeted a major Saudi Aramco processing facility and oilfield in eastern Saudi Arabia Saturday, the Interior Ministry said, sparking a huge fire at one of the sites before dawn. No one immediately claimed responsibility for the attack,...
