by AIP Online Bureau | Mar 27, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance, Risk Management
The vessel has protection and indemnity (P&I) insurance cover from Russian company Soglasie.Indian refiners buy Russian oil on delivered basis with ship, insurance and other servics arranged by the seller. NEW DELHI: Indian port authorities denied entry to an...
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...
by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Facts, Policy, Wealth Management/ Philanthropy
The survey of 150 ultra high networth individuals said that the US, UK, Australia, Canada and even UAE due to its golden visa scheme are the favourite destinations where the rich prefer to settle down. Mumbai: At least 22 per cent super rich Indians wish to leave the...
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 25, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
“The Reserve Bank of India will cut interest rates by another 75 bp-100 bp in the current cycle, we project. Easing food inflation and lower crude prices will move headline inflation closer to the central bank target of 4 per cent in the fiscal year ending March...