by AIP Online Bureau | Dec 24, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
In order to reach the level of an upper middle-income country, the per capita income will have to be at a minimum of USD 13,205 and that will take more than two decades of strong growth of between 8 to 9 per cent to achieve it. Achievement of a USD 5 trillion economy...
by AIP Online Bureau | Dec 23, 2022 | Eco/Invest/Demography, Health, Intermediaries, Non-Life, Pandemic
Analysts have forecast China’s economic growth to slump to 2.8-3.2 per cent this year, which would be the lowest in five decades. China has, for the first time, officially acknowledged Covid deaths in recent weeks. This has given credibility to reports of heavy...
by AIP Online Bureau | Dec 21, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology
Shaktikanta Das,governor, Reserve Bank of India RBI governor Shaktikanta Das on Wednesday said underlying economic activity in India continues to be strong, but external factors will cause some ”dent” to the economy Mumbai: India’s central bank chief...
by AIP Online Bureau | Dec 14, 2022 | Eco/Invest/Demography, International News, Policy, Wealth Management/ Philanthropy
The U.S. central bank’s projection of the target federal funds rate rising to 5.1% in 2023 is slightly higher than investors expected heading into this week’s two-day policy meeting and appeared biased if anything to move higher WASHINGTON: The Federal...
by AIP Online Bureau | Nov 8, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
The Hurun Rich list, which ranks China’s wealthiest people with a minimum net worth of 5 billion yuan ($692 million), said only 1,305 people made the mark this year, down 11% from last year. Their total wealth was $3.5 trillion, down 18% Meanwhile, the number of...
