by AIP Online Bureau | Jul 29, 2022 | Eco/Invest/Demography, Indian News, Regulation, Technology, Wealth Management/ Philanthropy
This exchange will facilitate efficient price discovery with the assurance of responsible sourcing and quality, apart from giving impetus to the financialisation of gold in India, a statement by the IFSC Authority said. Ahmedabad: Prime Minister Narendra Modi will...
by AIP Online Bureau | Jul 29, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts
The five key actions that FAO has called for, tasks civilians, governments and international institutions, with taking greater action to monitor and care for soil One achievement of GSP, thus far, has been the partnership with farmers and local governments to enhance...
by AIP Online Bureau | Jul 28, 2022 | Indian News, Regulation
Arun Kumar, Director General of Directorate General of Civil Aviation “We are doing everything possible to ensure that our flying remains safest and for that, we never ever shy off from biting the bullet. Strict enforcement action is taken wherever required. As...
by AIP Online Bureau | Jul 28, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Policy
“This is the time to make full use of technology in this computation. He said that Agriculture Census should be thought of in a broader perspective. Agricultural computations can also contribute to the mapping of crops so that the country gets its...
by AIP Online Bureau | Jul 28, 2022 | Indian News, Non-Life, Risk Management
The plane was “almost at full speed” on the runway when it was suddenly stopped and the pilot aborted the takeoff, announcing later it was a technical problem, Vishal Vikram, one of the passengers on board, told Reuters New Delhi: A SpiceJet airplane was...
by AIP Online Bureau | Jul 28, 2022 | Indian News, Life
The life insurer’s Value of New Business (VNB) jumped 130 per cent to Rs 882 crore and the VNB margin soared 665 basis points to 30.4 per cent during the reporting period Mumbai: SBI Life on Thursday reported an 18 per cent growth in net profit at Rs 263 crore...
by AIP Online Bureau | Jul 28, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Life, Wealth Management/ Philanthropy
“In the next few months if the trend continues then we will have no other option but to raise deposit rates because the market conditions are also not very favourable for us to go to the market to raise growth capital,” said a senior executive at a...
by AIP Online Bureau | Jul 28, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Ridham Desai, managing director, Morgan Stanley India Company Despite a record rise in trading by retail investors over the past eight years, Indian households remain “dramatically” underweight in the asset class, with stocks comprising only 5%-6% share of their...
by AIP Online Bureau | Jul 28, 2022 | Indian News, Non-Life
The general insurer’s combined ratio stood at 104.6 per cent in Q1 FY23 as compared to 103.4 per cent in Ql FY22 mainly due to higher claims ratio The company’s investment and other income (net) for Q1 FY23 increased by 30 per cent y-o-y to Rs 612 crore...
by AIP Online Bureau | Jul 27, 2022 | Eco/Invest/Demography, International News
Jerome Powell,Chairman, US Fed Policy makers, facing the hottest cost pressures in 40 years, lifted the target for the federal funds rate on Wednesday to a range of 2.25% to 2.5%. That takes the cumulative June-July increase to 150 basis points — the steepest...