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India likely to experience above-normal rainfall this monsoon: IMD

by AIP Online Bureau | Apr 15, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life

Climate scientists say the number of rainy days is declining while heavy rain events (more rain over a short period) are increasing, leading to frequent droughts and floods. New Delhi: India is likely to experience above-normal cumulative rainfall in the 2024 monsoon...

India may remain poor even after becoming 3rd largest economy: Ex-RBI chief

by AIP Online Bureau | Apr 15, 2024 | Eco/Invest/Demography, Facts

With a per capita income of USD 2,600, India is in the 139th position in the league of Nations in terms of per capita income. And the poorest among BRICS and G-20 nations, he further pointed out Even after becoming the third largest economy in the world by 2029 as...
BNP Paribas buys 9% of Ageas from Fosun for EUR730 Mln

BNP Paribas buys 9% of Ageas from Fosun for EUR730 Mln

by AIP Online Bureau | Apr 15, 2024 | Banking & Bancassurance, Eco/Invest/Demography, International News, Life

“We see the strategic rationale for a combination of banking and insurance, especially in the Belgian market where the savings market favors products in insurance wrappers,” said Johann Scholtz, an analyst with Morningstar BNP Paribas, the euro zone’s biggest bank,...

Govt collects Rs 27k cr in taxes from sr citizens on interest earned from fixed deposits: SBI report

by AIP Online Bureau | Apr 15, 2024 | Banking & Bancassurance, Eco/Invest/Demography

SBI researchers estimated that at least 7.3 crore of these accounts have a balance of over Rs 15 lakh, and assuming that the deposits fetch an interest of 7.5 per cent, senior citizens have earned Rs 2.7 lakh crore in FY24 as interest alone Mumbai: The government has...

LIC’s stake in HUL crosses 5%

by AIP Online Bureau | Apr 15, 2024 | Workplace/Employee Benefits

Life Insurance Corporation of India (LIC) on Monday said its stake in FMCG major Hindustan Unilever Limited (HUL) has crossed 5 per cent. The Corporation has increased its shareholding in Hindustan Unilever Limited from 11,74,63,555 to 11,77,18,555 equity shares,...
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