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 | Jan 12, 2024 | Indian News, Life
Vibha Padalkar,MD & CEO, HDFC Life On the Irdai plans to massively hike the surrender value of policies mid-way, Padilkar said that conceptually she agrees with the proposal, as policyholders should not be losing their money if on surrender. However, the industry...
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 | Jan 12, 2024 | Eco/Invest/Demography, Indian News, Life, Regulation
Prashant Tripathy, CEO and Managing Director, Max Life said “ With our presence in Dubai, we are not only extending our reach to the Gulf region and enhancing our brand awareness, but also bridging the geographical gap to ensure that our NRI customers experience a...
by AIP Online Bureau | Jan 12, 2024 | International News, Non-Life, Reinsurance, Risk Management
The Red Sea disruptions amplify the impact on global trade from the Panama Canal congestion, caused by drought conditions that have almost halved the number of vessels using the waterway. Bulkers carrying agricultural commodities and tankers are most affected by the...
by AIP Online Bureau | Jan 12, 2024 | Eco/Invest/Demography, International News, Policy, Reinsurance
Britain’s National Institute of Economic and Social Research (NIESR) estimated in November that Brexit had reduced the size of the economy by 2%-3%, with the impact expected to rise to 5%-6% by 2035 LONDON: Britain’s departure from the European Union has...
by AIP Online Bureau | Jan 12, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
All environmental claims shall be backed by verifiable evidence, and while making disclosures in relation to environmental claims, data from research shall not be cherry picked to highlight only favourable observations while obscuring others that are unfavourable New...
by AIP Online Bureau | Jan 11, 2024 | Eco/Invest/Demography, Indian News
Falling into the trap of cyber frauds may activate unconditional call forwarding received on mobile of the citizen to an unknown mobile number. This allows fraudsters to receive all incoming calls and can be used for fraud New Delhi: The Department of...
by AIP Online Bureau | Jan 11, 2024 | Indian News, Life
Corporation shall file an appeal before Commissioner (Appeals), Mumbai against the said orders within the prescribed timelines. There is no material impact on financials, operations or other activities of the Corporation due to the abovementioned orders,” the...
by AIP Online Bureau | Jan 11, 2024 | Eco/Invest/Demography, International News, Policy
IMF spokesperson Julie Kozack told a news briefing that the global economy appeared headed for a “soft landing” with inflation subsiding and labor markets resilient, but low-income countries could still fall further behind. Washington: Global economic...
