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Investors bet big on SIP; inflows climb 30% to Rs 1.24 lakh cr in FY22: AMFI

by AIP Online Bureau | May 18, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Currently, mutual funds have about 5.39 crore SIP accounts through which investors regularly invest in mutual fund schemes The 43-player mutual fund industry mainly depends on SIPs for inflows, with equity mutual funds attracting Rs 1.64 lakh crore in 2021-22. This...

Decentro starts empowering Insurtech via banking APIs

by AIP Online Bureau | May 18, 2022 | Health, Indian News, Non-Life, Technology

Rohit Taneja, Co-founder & CEO, Decentro, said, “The Indian Insurance landscape is evolving well, and technology is playing a major role in its transformation. From managing the problems related to the complex money movement frameworks to ironing out...

HealthySure secures additional funding from LetsVenture and other Founders

by AIP Online Bureau | May 18, 2022 | Health, Indian News, Technology, Workplace/Employee Benefits

The financing saw participation of new investors LetsVenture and founders Aditi Shrivastava – Founder – Pockets Aces, Sreeraman Mohan Girija – Cofounder of Fynd, Pankaj Vermani – Founder of Clovia, Sachin Shetty – Cofounder of Giva Sanil Basutkar, Co-founder...

S&P cuts FY23 India growth forecast to 7.3% on inflation, Russian-Ukraine war

by AIP Online Bureau | May 18, 2022 | Eco/Invest/Demography, Indian News

“The risks to our forecasts have picked up since our last forecast round and remain firmly on the downside. The Russia-Ukraine conflict is more likely to drag on and escalate than end earlier and deescalate, in our view, pushing the risks to the downside,”...
Global food safety net: Getting Thinner

Global food safety net: Getting Thinner

by AIP Online Bureau | May 18, 2022 | Articles, Eco/Invest/Demography, Policy

So-called “multiple breadbasket failures” are likely to become sharply more likely at higher levels of global warming. At 2 degrees of warming, the risk that five of the world’s corn-producing regions fail simultaneously goes from a once-in-16-years to a...
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