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,...
by AIP Online Bureau | Dec 22, 2022 | International News, Non-Life, Reinsurance
Aviation and marine war insurers are concerned that reinsurers – who insure the insurers – will exclude the whole Ukraine, Russia and Belarus region when reinsurance contracts come up for renewal on Jan. 1. A cargo insurance facility providing cover for shipments via...
by AIP Online Bureau | Aug 5, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Shaktikanta Das,Governor,Reserve Bank of india This is the third consecutive rate hike after a 40 basis points in May and 50 basis points increase in June. In all, the RBI has raised benchmark rate by 1.40 per cent since May this year “With growth momentum...
