by AIP Online Bureau | Jun 8, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation
Shaktikanta Das, Governor, RBI The RBI maintained its policy stance of “withdrawal of accommodation” to ensure inflation progressively aligns with the committee’s target while remaining supportive of growth, Governor Shaktikanta Das said while...
by AIP Online Bureau | Apr 9, 2023 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy
The return on post office term deposits of two years under the small savings schemes is 6.9 per cent, the same as offered by most banks on deposits of similar maturity New Delhi: Post office term deposits, which were fetching lesser returns than bank FDs in the recent...
by AIP Online Bureau | Apr 2, 2023 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy
With the revision, a one-year term deposit with post offices would earn 6.8 per cent (up from 6.6 per cent), for two years — 6.9 per cent (up from 6.8 per cent), three years — 7 per cent (up from 6.9 per cent) and five years — 7.5 per cent (7 per...
by AIP Online Bureau | Feb 8, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life
Shaktikanta Das,governor,RBI RBI projects India’s GDP growth at 6.4 per cent for 2023-24 Average retail inflation in India is projected to be at 5.3 during the next financial year “The global economic outlook does not look as grim now as it did a few...
by AIP Online Bureau | Jan 4, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
Aviation reinsurance rates, heavily impacted by hundreds of stranded aircraft in Russia, rose by as much as 200%, Gallagher Re said. “The sector is experiencing its most acute, cyclical price increases since the 2001-2006 period, if not before,” said David Flandro,...
