by AIP Online Bureau | Apr 3, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management
“The downgrade reflects our expectations of a continued weakening of China’s public finances and a rapidly rising public debt trajectory during the country’s economic transition,” Fitch said in a statement Global ratings agency Fitch on...
by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy
The finance ministry has set a record target of Rs 2.5 trillion of debt to be swapped for the fiscal year starting April 1. With the insurance sector expanding at 12%-13% annually, the goal is within reach, according to Vidya Iyer, head of fixed income at ICICI...
by AIP Online Bureau | Mar 12, 2025 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management, Technology
The neo bank, which was launched in 2021 and has over 750,000 customers, plans to expand into Canada, the UK and Australia, and incorporate sectors like auto, personal and education loans into its business portfolio Zolve raised $251 million in its latest equity and...
by AIP Online Bureau | Mar 3, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Risk Management
Chief Economic Advisor V Anantha Nageswaran said it is very important to remember the relevance and the importance of gold for a portfolio, a store of value etc, more so in the backdrop of the likely ascending importance of gold in the coming years. New Delhi: Gold...
by AIP Online Bureau | Mar 1, 2025 | Data, Eco/Invest/Demography, Risk Management, Wealth Management/ Philanthropy
A major reason for this decline mentioned by the report is the drop in household financial savings, which fell from 10.1 per cent of GDP in FY00 (Year 2000) to just 5 per cent in FY23. At the same time, financial liabilities have risen sharply from 2 per cent to 5.8...
