by AIP Online Bureau | Mar 13, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The failure of the Silicon Valley Bank in the US has triggered concerns about the financial system even though the regulatory authorities concerned are working on ways to manage the situation. The crisis has also come at a time when the central banks are embracing a...
by AIP Online Bureau | Mar 13, 2023 | Eco/Invest/Demography, Indian News
“Having due regard to the broader context of the petitions before this court, the inter-relationship between the statutory regime and constitutional rights, we are of the considered view that it would be appropriate if the issues raised are resolved by a...
by AIP Online Bureau | Mar 13, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
”With the central bank’s focus on moderating inflation, the monetary policy has been tailored to ensure a disinflation process. Despite expectations around the February rate hike of 25 basis points likely being amongst the last, largely owing to a...
by AIP Online Bureau | Mar 13, 2023 | Eco/Invest/Demography, Indian News, Regulation, Technology
It is being distributed through financial intermediaries, i.e., banks. Users can transact with e₹-R through a digital wallet offered by the participating banks and stored on mobile phones/devices. Institutional merchants like retail chains, petrol pumps etc. have also...
by AIP Online Bureau | Mar 13, 2023 | Eco/Invest/Demography, Indian News, Life
LIC’s exposure in Adani Power (Mundra) was Rs 266 crore, Adani Power Maharashtra Ltd – Phase I (Rs 81.60 crore), Adani Power Maharashtra Ltd – Phase III (Rs 254.87 crore), Raigarh Energy Generation Ltd (Rs 45 crore) and Raipur Energen Ltd (Rs 145.67...
by AIP Online Bureau | Mar 13, 2023 | International News, Non-Life, Reinsurance
Markel’s downstream energy team has now grown to include five underwriters who collectively deploy $150m of capacity on each risk, which has increased from $25m when the team was formed in 2017. London: Markel International, a subsidiary of the Markel Corporation, has...
by AIP Online Bureau | Mar 13, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The initiative, brokered by the United Nations and Turkey last July, is up for renewal on March 18. Negotiations began on Monday between U.N. officials and Russian Deputy Foreign Minister Sergei Vershinin aimed at discussing an extension to a deal allowing the export...
by AIP Online Bureau | Mar 13, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy
Liquidity, or ease of trade, for Bitcoin-to-dollar and Bitcoin-to-Tether transactions on some US exchanges has dipped between 35% and 45% from the beginning of March to Saturday, according to research firm Kaiko. Meanwhile, crypto companies have been scouring for...
by AIP Online Bureau | Mar 13, 2023 | Indian News, Workplace/Employee Benefits
“It must be kept in mind that granting recognition and conferring rights recognising human relation which has its consequences in law, and privileges, is in essence a legislative function and can never be the subject matter of judicial adjudication. The prayer...
by AIP Online Bureau | Mar 12, 2023 | Data, Disaster & Management, Non-Life, Risk Management
High intensity rainfall coupled with cutting of hill slopes or rocks at the foothills are the main reason behind the significant number of landslides, experts say. Extensive cutting of hill slopes for construction and widening of roads, blasting for tunnels, hydro...
