by AIP Online Bureau | Aug 30, 2022 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Bibek Debroy,Chairman,EAC-PM The country can become a USD 20 trillion economies by 2047 at this growth rate, he added. India, the world’s sixth largest economy with a GDP of USD 2.7 trillion, is currently classified as a developing nation. New Delhi: India can...
by AIP Online Bureau | Aug 30, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Of the five business sectors most vital to the global economy, manufacturing and distribution would be hit hardest by disasters costing $4.2 trillion as water scarcity disrupts production while storms and floods destroy infrastructure and inventory. read more Last...
by AIP Online Bureau | Aug 30, 2022 | Banking & Bancassurance, Indian News, Life
Axis is planning to take a 10% stake for around $9 million in the start-up’s upcoming life insurance business, effectively valuing the business at $90 million, said the two sources, who declined to be named as the talks were private. Mumbai: Axis Bank, the...
by AIP Online Bureau | Aug 30, 2022 | Banking & Bancassurance, Life
Currently, the government holds 45.48 per cent in the bank, and Life Insurance Corp of India, which is currently the promoter of the bank, owns a 49.24 per cent stake. “Strategic sale is uncharted territory. There are a lot of issues to be addressed, including...
by AIP Online Bureau | Aug 30, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
The Index, which is a report detailing accident trends seen across key metros, including Bengaluru, Chennai, Delhi, Hyderabad, and Mumbai, revealed Delhi recording an accident rate of 20.3%, while Mumbai stood at 18.2%. The reasons behind the mishaps were also fairly...
