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Fed raises rates, opens door to pause in tightening cycle

Fed raises rates, opens door to pause in tightening cycle

by AIP Online Bureau | May 4, 2023 | Eco/Invest/Demography, International News

Fed Chair Jerome Powell The change doesn’t foreclose the central bank’s policy-setting committee from hiking rates again when it meets in June, but Fed Chair Jerome Powell said it was now an open question whether further increases will be warranted in an...

India’s green financing requirement estimated at 2.5 pc of GDP: RBI Study

by AIP Online Bureau | May 3, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Regulation

”India’s diverse topography makes it highly vulnerable to climate risks, manifested in the form of sustained rise in temperature, erratic monsoon patterns, and rising frequency and intensity of extreme weather events Mumbai: The Reserve Bank of...

Remuneration norms of pvt sector insurers MDs to be applied for their KMPs also, proposes IRDAI

by AIP Online Bureau | May 3, 2023 | Indian News, Regulation, Workplace/Employee Benefits

The step will give more clarity to the extent of variable pay with respect to the total remuneration of directors and KMPs, variable pay deferral, malus and clawback provisions, accounting disclosures, said the IRDAI Hyderabad: The existing framework, in operation...

Retail investors’ avg ticket size declines to Rs 68,321 in FY23

by AIP Online Bureau | May 3, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Going by the data, the contribution of small towns or B30 cities to mutual fund industry’s assets under management of over Rs 40 lakh crore stood at 17 per cent as of March-end. Moreover, B30 (beyond top 30 cities) tend towards equity assets with 79 per cent of...

by AIP Online Bureau | May 3, 2023 | Workplace/Employee Benefits

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