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Wall St tanks as recession fears grip markets; Nasdaq down 3.85%

by AIP Online Bureau | Jun 16, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

The selloff was severe as the Fed’s aggressive move raised fears of a spate of monetary tightening from global central banks that could slow growth around the world. Switzerland and Britain lifted rates following the Fed’s 75-basis-point hike on Wednesday...

‘India may need $10 trn investment to achieve net-zero emission by 2070’

by AIP Online Bureau | Jun 16, 2022 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography

Most importantly, create carbon markets and incentives for the adoption of clean energy technologies. India also needs to undertake several policy measures to help deepen the green bond market to facilitate financing,” a joint white paper issued by GE-EY said...
Investors lose Rs 15.74 trn of  wealth as markets log 5th day of fall

Investors lose Rs 15.74 trn of wealth as markets log 5th day of fall

by AIP Online Bureau | Jun 16, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

“After today’s sharp plunge, we suspect bulls will have to battle hard in the backdrop of a hawkish Fed and RBI, spiking oil prices, inflation concerns, growth fears and persistent FIIs selling,” said Prashanth Tapse, Vice President (Research), Mehta...
E&Y bags Rs10 cr GIPSA award for overhauling 4 PSU general insurers in 10 months

E&Y bags Rs10 cr GIPSA award for overhauling 4 PSU general insurers in 10 months

by AIP Online Bureau | Jun 16, 2022 | Indian News, Non-Life, Policy

E&Y has beaten three other international consultants, Boston Consulting Group,(BCG), KPMG and AT Kearney to bag this prestigious project As per the new RPF, all the four companies are calling for only one consultant to lay down uniform process in terms of human...

IDF announces a trio of key efforts launched during the IDF Summit 2022

by AIP Online Bureau | Jun 16, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Michel M. Liès, Chairman of Zurich Insurance Group and Chair of the IDF Steering Committee, said, “The actions highlighted at this event are testament to the power that collective action can have in the effort to build resilience to the impacts of climate change and...
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