by AIP Online Bureau | Jun 10, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Overall, the mutual fund industry has witnessed an inflow of Rs 1.1 lakh crore in the month under review as compared to Rs 2.4 lakh crore in April. The inflow was due to investment in equity as well as debt schemes. With these inflows, the industry’s net assets...
by AIP Online Bureau | Jun 10, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“Demand for coverage remains strong due to heightened natural catastrophe loss activity and general economic uncertainty,” said Carlos Wong-Fupuy, senior director, AM Best OLDWICK, N.J: International rating agency AM Best has revised its market segment...
by AIP Online Bureau | Jun 9, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
According to the NSDL (National Securities Depository Limited) website, FPIs have offloaded equities worth over Rs 14,794 crore in the markets so far this month. This follows a similar trend from last month when foreign investors were also net sellers, leading to...
by AIP Online Bureau | Jun 8, 2024 | Indian News, Non-Life, Regulation, Reinsurance
After SK Rath, general manager(GM), GIC Re dropped out of the race, CS Radhika, GM, United India Insurance (UII) has been added to the list of five contenders New Delhi: In a last minute development, the government has postponed the interview scheduled on June 10 for...
by AIP Online Bureau | Jun 8, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology
“We may take judicial notice of the fact that we are living in the era of deepfakes and, therefore, this is an aspect that the appellant/ husband, perhaps, would have to prove by way of evidence before the family court,” the bench said New Delhi: In the...
