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FPIs invest Rs 22k cr in Indian markets in Aug as inflation concerns soften

by AIP Online Bureau | Aug 15, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Between October 2021 till June 2022, FPIs sold Rs 2.46 lakh crore in the India equity markets. “As long as energy prices remain low and there are no surprises from the war zone, foreign flow is likely to continue,” Vijay Singhania, chairman at TradeSmart,...
RBI raises key lending rate by 50bps to 5.40 %, inflation forcast at 6.7%, growth projection at 7.2%

RBI raises key lending rate by 50bps to 5.40 %, inflation forcast at 6.7%, growth projection at 7.2%

by AIP Online Bureau | Aug 5, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Shaktikanta Das,Governor,Reserve Bank of india This is the third consecutive rate hike after a 40 basis points in May and 50 basis points increase in June. In all, the RBI has raised benchmark rate by 1.40 per cent since May this year “With growth momentum...
‘Heat wave also pushed food inflation”: Crisil

‘Heat wave also pushed food inflation”: Crisil

by AIP Online Bureau | Aug 1, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

”The heat wave was the key domestic factor responsible for pushing up food prices this year,” it said, pointing to a 2020 RBI study which said macroeconomic impact of climate change on food inflation has been statistically significant for India over the...
Fed raises rates by 75 bps to tame inflation, flags weakening economic data

Fed raises rates by 75 bps to tame inflation, flags weakening economic data

by AIP Online Bureau | Jul 27, 2022 | Eco/Invest/Demography, International News

Jerome Powell,Chairman, US Fed Policy makers, facing the hottest cost pressures in 40 years, lifted the target for the federal funds rate on Wednesday to a range of 2.25% to 2.5%. That takes the cumulative June-July increase to 150 basis points — the steepest...
Soaring inflation rates and Ukraine war push 71 million into poverty globally, warns  UNDP

Soaring inflation rates and Ukraine war push 71 million into poverty globally, warns UNDP

by AIP Online Bureau | Jul 7, 2022 | Eco/Invest/Demography, International News, Pension & Social Security

“Unprecedented price surges mean that for many people across the world, the food that they could afford yesterday is no longer attainable today/,This cost-of-living crisis is tipping millions of people into poverty and even starvation at breathtaking speed and...
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