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Investor wealth zooms Rs 10.35 lakh cr in two days of market rally

by AIP Online Bureau | Sep 23, 2019 | Eco/Invest/Demography, Indian News

  Mumbai: Investor wealth soared for the second consecutive session on September 23, rising by Rs 10.35 lakh crore in two sessions, as market sentiment remained euphoric after a host of measures were announced to boost slowing economic growth. The 30-share BSE...

Top 1,000 listed firms may see tax savings of Rs 37k cr on tax cut: Crisil

by AIP Online Bureau | Sep 23, 2019 | Eco/Invest/Demography, Indian News

  Mumbai: CRISIL Research on Sunday said top 1,000 listed companies could see tax savings of Rs 37,000 crore on account of the corporate tax cut.   "Over the past few days, a slew of measures have been introduced to address the slowdown in the Indian...

Business leaders spend less than 1 Day a year focusing on Cyber Risk: Marsh Survey

by AIP Online Bureau | Sep 22, 2019 | Eco/Invest/Demography, International News, Non-Life, Technology

A majority of busy board members and senior executives, who are responsible for their organization’s cyber risk management, spent less than a day in the last year to focus on cyber risk issues, according to a new report published by Marsh and Microsoft Corp....

FPIs withdraw Rs 4,193 crore from capital markets in September so far

by AIP Online Bureau | Sep 22, 2019 | Eco/Invest/Demography, Indian News

  Mumbai: Foreign investors have pulled out a net sum of Rs 4,193 crore from the Indian capital markets in September so far, but the trend is expected to reverse on the back of fiscal relief measures announced by the government, experts said.   The Centre on...

Five-year period ending 2019 set to be hottest on record, says UN report

by AIP Online Bureau | Sep 22, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts

  Average global temperature between 2015-2019 is on track to be the hottest of any five-year period on record, a UN report by the world's leading climate agencies said Sunday.   "It is currently estimated to be 1.1 degrees Celsius above...

Building Indian Fintech & Cyber Security

by AIP Online Bureau | Sep 22, 2019 | Articles, Eco/Invest/Demography, Technology

I have visited India at least once a year – every year! – for the last 20 years.And I am delighted I can continue my visits now, as the Lord Mayor – an international representative for UK financial and professional services which have had their...

African Swine fever spreads in Philippines

by AIP Online Bureau | Sep 20, 2019 | Eco/Invest/Demography, Health, International News

Blood samples from pigs in backyard farms in the Philippine capital Manila tested positive for African swine fever, the Department of Agriculture said on Friday, less than two weeks after it declared the country’s first outbreak of the disease.   The Bureau...

Aviation industry braces for double-digit premium hikes after 737 MAX groundings

by AIP Online Bureau | Sep 20, 2019 | International News, Non-Life

  London: The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers wrestle with higher costs from aircraft groundings, including the grounding of Boeing Co.’s 737 MAX jets following two...

RBI in talks with govt to ensure mega bank mergers are non-disruptive: Das

by AIP Online Bureau | Sep 20, 2019 | Eco/Invest/Demography, Indian News, Regulation

  Mumbai: The Reserve Bank is in discussions with the government to ensure that the mega bank merger process is carried out in a non-disruptive, governor Shatikanta Das said Friday.   The critical issue is to ensure that the process of transition following...

FM’s boosters send markets soaring, add Rs 2.11 trillion to investor wealth

by AIP Online Bureau | Sep 20, 2019 | Eco/Invest/Demography, Indian News

Mumbai: Domestic investor wealth soared by Rs 2.11 trillion in morning trade on Friday as equity market rallied following a slew of economy-boosting announcements by Finance Minister Nirmala Sitharaman.   The BSE Sensex advanced over 1,300 points to a high of...
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