by AIP Online Bureau | Jan 15, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“Tanker rates will increase and futures are up this morning,” said John Kartsonas, managing partner at Breakwave Advisors, who added that dry bulk remains the least affected sector. Major importers like Tesla , Geely-owned Volvo Car and Ikea already have...
by AIP Online Bureau | Dec 31, 2023 | Eco/Invest/Demography, International News, Risk Management
Combined with disruptions at a drought-stricken Panama Canal in the Western Hemisphere, the rise in merchant shipping rates poses headwinds for central bankers in their inflation fight Shipping costs are rising as hundreds of container ships that typically transit the...
by AIP Online Bureau | Dec 8, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy
“The Indian economy presents a picture of resilience and momentum. Growth remains resilient and robust, surprising everyone. There is no plan to loosen interest rates as inflation continues to be the top priority for the central bank,” ,” Reserve...
by AIP Online Bureau | Oct 6, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
Shaktikanta Das,Governor,RBI Das said taking into account the economic factors the MPC has predicted GDP growth at 6.5 per cent in FY24 As regards the inflation rate, the MPC forecast was 5.4 per cent for 2023-24 taking into account the various domestic issues...
by AIP Online Bureau | Aug 24, 2023 | Eco/Invest/Demography, International News, Pandemic, Pension & Social Security
In a new report released on Thursday, the ADB said an estimated 155.2 million people in developing Asia, or 3.9% of the region’s population, lived in extreme poverty as of last year, 67.8 million more than would have been the case without the health and...