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Moody’s cuts America’s pristine credit rating, citing rising debt

Moody’s cuts America’s pristine credit rating, citing rising debt

by AIP Online Bureau | May 17, 2025 | International News, Policy, Risk Management

“Successive US administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs,” Moody’s said on Friday, as it changed its outlook on the U.S. to “stable” from...

Fitch cuts China’s credit rating on rising debt, weakening finances

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...
Insurers demand longer term assets to fund Govt’s Rs29.7 lakh crore debt pile

Insurers demand longer term assets to fund Govt’s Rs29.7 lakh crore debt pile

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...

Zolve raises $251 million in its latest equity and debt financing round

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...
Relevance of gold as asset class to rise in coming years Nageswaran

Relevance of gold as asset class to rise in coming years Nageswaran

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...
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