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FPIs Invest Rs 6,554 Crore In Indian Capital Markets In February

by AIP Online Bureau | Mar 1, 2020 | Eco/Invest/Demography, Indian News

  New Delhi: Overseas investors invested only Rs 6,554 crore in Indian markets on net basis in February, as they adopted a cautious stance amid coronavirus scare, subdued economic data and disappointing corporate earnings. According to the depositories data,...

Use of non-derivative financial instruments to insurance contracts with direct participation features now allowed:IASB

by AIP Online Bureau | Mar 1, 2020 | Eco/Invest/Demography, International News, Life, Non-Life, Pension & Social Security

  Singapore: The International Accounting Standards Board (or Board) met in London on 25th February to further discuss items related to the Exposure Draft (“ED”) Amendments to IFRS 17, published in June 2019.   The Board confirmed there would be...

Coronavirus time bomb: America’s uninsured and brutal work culture

by AIP Online Bureau | Mar 1, 2020 | Eco/Invest/Demography, Health, International News

  Like many Americans, bartender Danjale Williams is worried about the growing threat of the novel coronavirus.   What makes the 22-year-old in Washington even more frightened: The thought of medical bills she just can’t afford, as one of almost 27.5...

Bill to avert PMC Bank-like crisis may get Parliament nod in Budget session

by AIP Online Bureau | Mar 1, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

New Delhi: In a bid to address weaknesses in cooperative banking sector, the Parliament is likely to clear a Bill to amend Banking Regulation Act to bring multi-state cooperative banks under effective regulation of RBI during the Budget session.   The proposed...

Auto majors see falling sales in Feb

by AIP Online Bureau | Mar 1, 2020 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: The country's largest carmaker Maruti Suzuki India (MSI) on Sunday reported a 1.1 per cent decline in sales at 1,47,110 units in February.Hyundai Motor India Ltd (HMIL)  also reported a 10.3 per cent decline in total sales at 48,910 units...
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