by AIP Online Bureau | Sep 21, 2022 | Eco/Invest/Demography, International News, Policy
Officials expect the benchmark rate to rise to 4.4% by year end and 4.6% during 2023, according to the median estimate in updated quarterly projections published alongside the statement. That indicates a fourth-straight 75 basis-point hike could be on the table for...
by AIP Online Bureau | Jul 2, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Elon Musk, co-founder,Tesla Musk, Tesla’s co-founder, still has the biggest fortune on the planet, at $208.5 billion, while Amazon’s Bezos is second with a $129.6 billion net worth, according to the Bloomberg Billionaires Index Elon Musk’s fortune...
by AIP Online Bureau | Jun 3, 2022 | Indian News, Pension & Social Security, Policy
The 8.1 per cent EPF rate of interest is the lowest since 1977-78, when it stood at 8 per cent. The 8.5 per cent interest rate on EPF deposits for 2020-21 was decided by the Central Board of Trustees (CBT) in March 2021. New Delhi: The government has approved 8.1 per...
by AIP Online Bureau | Apr 28, 2022 | Articles, Eco/Invest/Demography, Non-Life, Policy, Reinsurance
Jerome Haegeli,Swiss Re Group chief economist Stagflation is fully back on the radar and we now need to be particularly disciplined. 2022 will be a challenging year for insurers with both sides of the balance sheet under pressure” Swiss Re Group chief economist...
by AIP Online Bureau | Mar 31, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the first quarter New Delhi: The government on Thursday kept interest rates on small savings schemes,...