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Boris Johnson sends unsigned letter to EU asking for Brexit delay

by AIP Online Bureau | Oct 20, 2019 | Eco/Invest/Demography, International News, Risk Management

  London:  Prime Minister Boris Johnson sent an unsigned letter to the European Union requesting a delay to Britain's exit from the bloc and also said he did not want the extension after his latest Brexit setback in parliament on Saturday.   Johnson...

Many countries have cautioned on rushing into crypto currencies, says Sitharaman

by AIP Online Bureau | Oct 20, 2019 | Eco/Invest/Demography, Indian News, Risk Management

  Washington: Many countries have cautioned against rushing into crypto currencies, Union Finance Minister Nirmala Sitharaman said on Sunday, as Facebook's proposed virtual currency Libra became a buzzword during the annual meeting of the International...

FPIs stay bullish on India, pour in Rs 5,072 cr in October so far

by AIP Online Bureau | Oct 20, 2019 | Eco/Invest/Demography, Indian News

New Delhi: Foreign portfolio investors (FPIs) have infused a net sum of Rs 5,072 crore into the Indian capital markets in October so far amid the government's efforts to revive domestic demand.   In the preceding month, FPIs had invested a net Rs 6,557.8...

Will prepare blueprint for companies moving out of China: FM Sitharaman

by AIP Online Bureau | Oct 20, 2019 | Eco/Invest/Demography, Indian News

New Delhi: Union Finance Minister Nirmala Sitharaman on Saturday said she will prepare a blueprint for international companies that are looking beyond China to make India as their preferred investment destination.   She said industry leaders who are contemplating...

ICICI General Insurance net profit at Rs 308 cr, up 5% in Q2 2019-20

by AIP Online Bureau | Oct 18, 2019 | Indian News, Non-Life

  Mumbai: ICICI Lombard General Insurance has seen its profit after tax (PAT) growing  by 6.1 per cent to  Rs 618 crore  in H1 FY2020 as against Rs  582 crore in H1 FY2019    The private sector general insurer’s  PAT grew...
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