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Trump’s new tariff could shave off  0.5% points of India’s GDP: Finance Secy

Trump’s new tariff could shave off 0.5% points of India’s GDP: Finance Secy

by AIP Online Bureau | Apr 23, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management

“Second order (effects) would be important,” said Finance Secretary Ajay Seth, referring to concerns that trade turmoil would slow global growth The direct hit from tariffs introduced by Donald Trump’s administration on India could shave off between...

Japan estimates feared megaquake could cause $1.8 trln in damage, kill 300,000 people

by AIP Online Bureau | Apr 1, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Risk Management

Japan is one of the world’s most earthquake-prone countries, and the government sees about an 80% chance of a magnitude 8 to 9 earthquake along a tremulous seabed zone known as the Nankai Trough. TOKYO: Japan’s economy could lose as much as $1.81 trillion...
Indian billionaires’ wealth a third of country’s GDP; Adani biggest wealth gainer

Indian billionaires’ wealth a third of country’s GDP; Adani biggest wealth gainer

by AIP Online Bureau | Mar 27, 2025 | Eco/Invest/Demography, Health, Indian News, Wealth Management/ Philanthropy

Gautam Adani, founder and chairman of the Adani Group The country is home to 284 billionaires whose cumulative wealth rose by 10 per cent to Rs 98 lakh crore, or a third of the country’s GDP, the report said. Interestingly, amid the concerns on concentration of wealth...
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...
India likely to become world’s 3rd largest economy by 2030: Swiss Re

India likely to become world’s 3rd largest economy by 2030: Swiss Re

by AIP Online Bureau | Jan 14, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance, Risk Management

India’s insurance market projected to be the G20’s fastest-growing market over the next five years, with total premium volumes (life and non-life) up 7.3% in real terms on average each year. Growth underpinned by macroeconomic tailwinds, digitalisation progress and...
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