by AIP Online Bureau | Jan 12, 2024 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
“Noteworthy is the fact that this upward surge remained resilient amid mixed global cues on account of higher-than-expected US inflation and positive job data, which tempered expectations for an imminent rate cut by the US Fed,” said Vinod Nair, Head of...
by AIP Online Bureau | Dec 15, 2023 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Optimistic trends in global markets after the US Federal Reserve kept its key interest rate unchanged and signalled rate cuts next year along with continuous foreign fund inflows have been fuelling the rally in stocks Foreign Institutional Investors (FIIs) bought...
by AIP Online Bureau | Dec 14, 2023 | Eco/Invest/Demography, Indian News, Regulation
According to a draft released Wednesday, the Insurance Regulatory and Development Authority has proposed a much higher surrender value on non-par insurance products and made a few changes in the way surrender charges have been calculated. Now, there will be a premium...
by AIP Online Bureau | Dec 11, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
After a brief two-day consolidation, the Nifty resumed its upward trajectory, advocating for a recommended trading strategy to retain long positions with a trailing stop-loss mechanism. Opening at 70,024.52, the Sensex surged 201.43 points, setting the tone for a...
by AIP Online Bureau | Dec 8, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
“Monetary policy was on expected lines. The Monetary Policy Committee (MPC) kept its stance the same as withdrawal from accommodation to ensure taming inflation under target. However, at the same time, the RBI highlighted the risk of over-tightening in the...