HONG KONG : Asia-focussed insurer AIA Group Ltd reported a 22per cent rise in first-half new business value on Tuesday, as it recovered from business disruptions caused by the pandemic in its main markets of China and Hong Kong.
The insurer's value of new business, which measures expected profits from new premiums and is a key gauge for future growth, rose to US$1.81 billion in the January to June period, from US$1.41 billion a year earlier.
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Indian finance minister expects retail inflation at 2-6per centNEW DELHI : Indian finance minister Nirmala Sitharaman said on Monday that she expected retail inflation would be contained between 2per cent and 6per cent, the target set by the central bank.Retail inflation eased in July to 5.59per cent year-on-year after holding above 6per cent for two months in a row,
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