by AIP Online Bureau | Aug 15, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management
While essential food items, medicines and education will continue to be taxed at zero rate in the proposed revamped GST regime, 99 per cent of items in the current 12 per cent slab will move to the 5 per cent bracket. Services will continue to be charged at 18 per...
by AIP Online Bureau | May 7, 2025 | Banking & Bancassurance, Eco/Invest/Demography, International News, Policy, Risk Management
Fed Chair Jerome Powell “Uncertainty about the economic outlook has increased further,” the FOMC said at the end of a two-day meeting during which officials agreed unanimously to keep the central bank’s benchmark interest rate steady in the...
by AIP Online Bureau | Oct 25, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Marsh said the fall in the composite rate – the first since the third quarter of 2017 – was largely driven by increased competition among insurers in the global property market.On average, composite rates decreased in the Pacific by 6%, in the UK by 5%, in...
by AIP Online Bureau | Oct 10, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Insurance sources said on Thursday the war premiums had jumped around 30% this week to just over 1% of the value of the vessel from around 0.7% in early September, which would mean hundreds of thousands of dollars in extra costs A series of Russian missile strikes on...
by AIP Online Bureau | Oct 9, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
Shaktikant Das,Governor,Reserve Bank of India Annual retail inflation remained below the central bank’s target of 4% for a second consecutive month, clocking in at 3.65% in August but higher than the revised 3.60% in July and economists’ forecast of 3.5%...
