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‘Heat wave also pushed food inflation”: Crisil

‘Heat wave also pushed food inflation”: Crisil

by AIP Online Bureau | Aug 1, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

”The heat wave was the key domestic factor responsible for pushing up food prices this year,” it said, pointing to a 2020 RBI study which said macroeconomic impact of climate change on food inflation has been statistically significant for India over the...

Corporate defaults may rise again on cost pressures: Report

by AIP Online Bureau | Jul 6, 2022 | Eco/Invest/Demography, Indian News

Somasekhar Vemuri, a senior director, Crisil, said recent trends in the default rate reflect a K-shaped recovery, which has been faster and sharper for larger and mid-sized corporates whereas MSMEs have borne a disproportionate impact of the pandemic Mumbai: Rating...

3rd-party motor cover gains to partially offset general insurers’ underwriting losses

by AIP Online Bureau | Jun 3, 2022 | Indian News, Non-Life

Claims incurred by most insurers have risen since the second quarter of last fiscal, following the relaxation of lockdown restrictions and reopening of offices. The claims ratio is estimated at around 85% for the last quarter of fiscal 2022, up from ~78% in fiscal...

Equity-oriented funds drive MF assets to record high in 2021 at Rs 37.7 lakh cr : Report

by AIP Online Bureau | Jan 13, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

2021 saw investors put a larger amount of their money in equity-oriented funds, drawn by the strong gains in the underlying equity markets. While equity funds got net inflows of Rs 91,000 crore, passive funds saw Rs 1.14 lakh crore coming in and hybrid funds Rs 1.02...
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