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War in Ukraine, sanctions will have ‘severe impact’ on global economy: IMF

by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, International News, Risk Management

“Price shocks will have an impact worldwide, especially on poor households for whom food and fuel are a higher proportion of expenses,” the IMF said. “Should the conflict escalate, the economic damage would be all the more devastating. The sanctions on Russia will...

Russia-Ukraine turmoil triggers market stress alarms

by AIP Online Bureau | Mar 5, 2022 | Eco/Invest/Demography, International News, Risk Management

“The market’s liquidity conditions have weakened this week, and were exacerbated overnight after reports of shelling to Europe’s largest nuclear plant in Ukraine,” said ING currency strategist Francesco Pesole LONDON/NEW YORK: Financial...
Research suggests ‘purchase happiness’ is directly proportional to amount of money

Research suggests ‘purchase happiness’ is directly proportional to amount of money

by AIP Online Bureau | Mar 5, 2022 | Eco/Invest/Demography, Facts, Wealth Management/ Philanthropy

The authors discovered at least one way financially constrained consumers could get more happiness from their purchases: by planning Research suggests ‘purchase happiness’ is directly proportional to amount of moneyAnew study, led by Duke...
Moderate hikes in motor 3rd-party premium likely in FY 2022-23

Moderate hikes in motor 3rd-party premium likely in FY 2022-23

by AIP Online Bureau | Mar 5, 2022 | Indian News, Workplace/Employee Benefits

In a bid to promote environment friendly vehicles, the draft notification has proposed a 15 per cent discount for electric private cars, electric two wheelers, electric goods carrying commercial vehicles and electric passenger carrying vehicles There have no revisions...

Sony, Honda Motor team up to develop and sell electric vehicles

by AIP Online Bureau | Mar 5, 2022 | Facts, Technology

Honda will be responsible for manufacturing the first model, while Sony will develop the mobility service platform, they said “In the joint venture, we would like to lead the mobility evolution by combining our technology and experience with Honda’s long...
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