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Red Sea attacks add urgency to Mideast Trade route

Red Sea attacks add urgency to Mideast Trade route

by AIP Online Bureau | Feb 28, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance

Almost all of India’s trade with Europe goes through the Red Sea channel, India’s ambassador to the United Arab Emirates said, adding to the urgency for the India-Middle East-Europe Economic Corridor project The volatile situation in the Red Sea increases the need for...
Supply chain strains set to weigh on aviation industry bounce-back

Supply chain strains set to weigh on aviation industry bounce-back

by AIP Online Bureau | Feb 28, 2024 | Eco/Invest/Demography, International News, Risk Management

“The previous supply concept was probably ‘just in time’; I order when I need it. This is over. We have to carry more resiliency than ever in terms of our operations, including a higher level of standby aircraft and crew.That’s one of the costs...
Biden issues executive order to better shield Americans’ sensitive data from foreign foes

Biden issues executive order to better shield Americans’ sensitive data from foreign foes

by AIP Online Bureau | Feb 28, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

US President Joe Biden The officials said activities like computer hacking are already prohibited in the US, but that buying potentially sensitive data through brokers is legal. That can represent a key gap in the nation’s national security protections when data...

Number of ultra-rich in India increases 6 pc last year to 13,263: Knight Frank

by AIP Online Bureau | Feb 28, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Knight Frank India Chairman and Managing Director Shishir Baijal said ”In a transformative era of wealth creation, India stands as a testament to thriving prosperity and burgeoning opportunities in the global economic spectrum. A remarkable surge in its UHNWI...

Hinduja Group to delist Reliance Capital from bourses, shares to be extinguished

by AIP Online Bureau | Feb 28, 2024 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation, Wealth Management/ Philanthropy

“The liquidation value of the equity shareholder of RCL (Reliance Capital) is nil and hence, equity shareholders will not be entitled to receive any payment and no offer will be made to any shareholder of RCL,” according to an exchange filing by RCL Mumbai: Hinduja...
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