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CEA against concept of Universal Social Security as it may generate ‘perverse incentives’

CEA against concept of Universal Social Security as it may generate ‘perverse incentives’

by AIP Online Bureau | Jun 9, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

”For our country, when natural economic growth should take care of many of the aspirations, it (Universal Social Security) may not be necessary. We may be creating the ground for perverse incentives for people to not make their own effort in seeking such...

Inflow in equity mutual funds hit 6-month low of Rs 3,240 cr in May on profit booking

by AIP Online Bureau | Jun 9, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

”Profit booking in rising market along with probable expenses towards vacation, education could have led to lower investments in mutual funds in May,” Manish Mehta, National Head and Sales, Marketing and Digital Business at Kotak Mahindra Asset Management...
IRDA gives license to Go Digit Life, 4th new insurer in a year

IRDA gives license to Go Digit Life, 4th new insurer in a year

by AIP Online Bureau | Jun 9, 2023 | Indian News, Life, Regulation

Prem Watsa, founder, chairman, and chief executive of Fairfax Financial Holdings IRDAI in its 122nd board meeting held on 2nd June, has granted Certificate of Registration to Go Digit Life Insurance Limited to carry life insurance business in India, said the IRDAI on...

RBI not planning to regulate social media influencers

by AIP Online Bureau | Jun 9, 2023 | Eco/Invest/Demography, Indian News, Regulation, Risk Management

Social media influencers peddle personal views or those paying them on financial markets or stocks. Since January 2022, SEBI has been saying it would come out with regulations to tame the so-called financial influencers, it has not yet issued anything but has been...

Global Alzheimer’s disease market to reach $13.7bn by 2030: Report

by AIP Online Bureau | Jun 9, 2023 | Data, Health, Non-Life

The growth will be particularly seen across the eight major markets such as the US, France, Germany, Italy, Spain, the UK, Japan, and China New Delhi: The Alzheimer’s disease market is projected to experience robust growth at a compound annual growth rate of 20...
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