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FPIs pull out Rs 18,856 cr from Indian markets in Feb so far

by AIP Online Bureau | Feb 20, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

”Geopolitical tension and chances of a rate hike by US Fed have triggered outflows from FPIs in the recent times from the Indian equity markets. They sharply increased the pace of selling after the US Fed indicated an end of the ultra-loose monetary policy...

EPFO mulling new pension scheme for formal workers getting over Rs 15K basic wage

by AIP Online Bureau | Feb 20, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security

”There has been demand for higher pension on higher contributions among the members of the Employees’ Provident Fund Organisation (EPFO). Thus, it is under active consideration to bring out a new pension product or scheme for those whose monthly basic...
ICAO enhances UN cooperation to advance counter-terrorism initiatives in international civil aviation

ICAO enhances UN cooperation to advance counter-terrorism initiatives in international civil aviation

by AIP Online Bureau | Feb 20, 2022 | International News, Risk Management

It is additionally expected to maximize related deliverables to Member States in a variety of areas of ICAO/UNOCT focus, including initiatives pertaining to unmanned aircraft systems (drones) and cybersecurity Montréal: Juan Carlos Salazar, Secretary...

RBI-appointed administrator invites bids for resolution of Reliance Capital

by AIP Online Bureau | Feb 20, 2022 | Indian News, Life, Non-Life, Regulation

Reliance Capital has two insurance companies, Reliance General Insurance and Reliance Nippon Life Insurance Company, as subsidiaries Mumbai: As part of the resolution process, the RBI-appointed administrator on Friday invited expressions of interest (EoIs) for sale of...
IndiGo takes delivery of first Airbus plane operating on sustainable fuel

IndiGo takes delivery of first Airbus plane operating on sustainable fuel

by AIP Online Bureau | Feb 20, 2022 | Climate, Environment, Renewable Energy, Facts

In a statement, Ronojoy Dutta, Chief Executive Officer, IndiGo said, We are pleased to take delivery of this Airbus aircraft which will run on sustainable aviation fuel (SAF), as part of our journey towards sustainable aviation” IndiGo had in July 2021 said it...
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