by AIP Online Bureau | Jun 4, 2024 | Indian News, Risk Management, Wealth Management/ Philanthropy
The Nifty index dropped as much as 5.43% to 22,000.60 points while the BSE index fell to a low of 72,337.34 points, down 5.4% on the day. That was the biggest fall since April 2020 and pulled stocks sharply away from records highs struck a day earlier “If there...
by AIP Online Bureau | Jun 2, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management
Porinju Veliyath, Founder – Equity Intelligence noted that there might be intense buying on Monday, pushing the Index to new highs, but future corrections are also expected. The short covering by foreign investors could push Nifty above the 25,000 mark. Mumbai:...
by AIP Online Bureau | May 29, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Wealth Management/ Philanthropy
”Nifty dropped by 183 points, marking the fourth consecutive decline as election jitters triggered intense selling. The Sensex fell by nearly 668 points to 74,503,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd. Mumbai: Investors’...
by AIP Online Bureau | May 14, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Catastrophe bonds and other insurance-linked securities, which powered last year’s highest-returning hedge fund strategy, are built on calculations that can underestimate a new breed of risk stemming from high-frequency events such as wildfires and thunderstorms,...
by AIP Online Bureau | May 4, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Nirmala Sitharaman, union finance minister Finance Minister Nirmala Sitharaman reacted to a post on X by a TV news channel claiming that in a sweeping change, the Income Tax Department is planning to impose uniform treatment for all asset classes New Delhi: Finance...