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 | 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 | Feb 25, 2024 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Allianz, one of the world’s largest financial services companies with €2.16 trillion ($2.33 trillion) in assets under management, joins a growing number of global firms building their focus on the wealth sector Allianz SE is making a strategic investment in money...
by AIP Online Bureau | Jan 12, 2024 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Mukesh Ambani, chairman, Reliance Industries Ambani, Reliance’s chairman, owns 42% of the company, which has businesses in the energy, telecommunications and retail sectors, among others. Its shares have climbed 22% from a low in October after the firm reported a jump...
by AIP Online Bureau | Nov 6, 2023 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Wealth Management/ Philanthropy
In India, between 2000 and 2022, per capita income soared from USD 442 to USD 2,389. Whereas, between 2004 and 2019, poverty rates (based on the international poverty measure of USD 2.15 per day) plummeted from 40 to 10 per cent New Delhi: India has emerged among top...
