by AIP Online Bureau | May 9, 2022 | Indian News, Life, Wealth Management/ Philanthropy
Foreign institutional investors have on the whole steered clear of India’s biggest share sale, deeming it too expensive given currency risks and the global market backdrop. The non-institutional investors’ portion was subscribed 1.38 times. Retail individual...
by AIP Online Bureau | May 9, 2022 | Banking & Bancassurance, Indian News, Life, Non-Life, Technology
`The existing data of Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana of approximately more than 35 crore customers since the start of the schemes(2015) need to be migrated from the individual/banks and insurers to the repository,’’...
by AIP Online Bureau | May 9, 2022 | Indian News, Non-Life
The unit was not operational and was undergoing a dismantling process, Tata, India’s largest steelmaker by revenue, said in a statement, adding that production has not been impacted MUMBAI: Tata Steel said three contract workers had been injured in a blast at...
by AIP Online Bureau | May 9, 2022 | Disaster & Management, Indian News
The system will not make landfall either in Odisha or Andhra Pradesh, IMD Director-General Mrutunjay Mohaptra had said on Sunday. He said the cyclone will move parallel to the east coast and cause rainfall from Tuesday evening New Delhi: Asani, the severe cyclonic...
by AIP Online Bureau | May 9, 2022 | Eco/Invest/Demography, International News
The experts pointed out that, of the 96 ports owned by Chinese companies around the world, several are at key locations for maritime trade, “giving Beijing strategic dominance without having to deploy a single soldier, ship or weapons.” It is estimated...
by AIP Online Bureau | May 9, 2022 | Eco/Invest/Demography, International News
According to the seventh nationwide census of 2020, China’s population on the mainland has grown by 0.53 per cent annually on average in the past decade. China’s population reached 1.41 billion as of the end of 2021, up by 480,000 from the previous year,...
by AIP Online Bureau | May 9, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The record fall was mainly due to the massive outflows of USD 5.4 billion in March and a whopping USD 15.7 billion in FY22. Such a massive pullout came after they pumped in USD 23 billion in 2020 and USD 3.7 billion in 2021 New Delhi: Foreign funds’ ownership in...
by AIP Online Bureau | May 8, 2022 | Life, Wealth Management/ Philanthropy
The Qualified Institutional Buyer (QIB) category is yet to be fully subscribed. Bids were received for 0.67 per cent of the shares earmarked for the segment, showing a poor response. Mumbai: Life Insurance Corporation’s IPO, the country’s biggest public...
by AIP Online Bureau | May 8, 2022 | Disaster & Management, Facts
Each tropical storm is given a name to avoid confusion, facilitating disaster risk awareness, management and mitigation Bhubaneswar: Every year, as a cyclone looms over a region, its name becomes a cause of intrigue for many, who wonder why and how is the storm...
by AIP Online Bureau | May 8, 2022 | International News
The war has caused massive disruption to energy markets with Russian feedstocks used to produce jet fuel and diesel becoming untouchable for many parts of the world. China has also cut its oil product export quota, limiting supplies. The loss of 3.2 million barrels a...
