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Fitch raises India”s medium-term growth estimate, cuts China”s

by AIP Online Bureau | Nov 6, 2023 | Eco/Invest/Demography, International News, Policy

Fitch made upward revisions to Brazil, India, Mexico, Indonesia, Poland and Turkey relative to its previous estimates. Fitch attributed the higher growth forecast for India to a swift recovery in labour force participation rates, following significant declines in 2020...
Market investors become richer by Rs 7.95 lakh crore as stocks rally for 3rd day

Market investors become richer by Rs 7.95 lakh crore as stocks rally for 3rd day

by AIP Online Bureau | Nov 6, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

”Nifty remained in positive territory throughout the session. Sentiments were lifted after credit agency Fitch, raised India’s medium-term potential GDP growth estimates by 70 basis points. Majority of the sectors including the broader market ended in the...

Over 2,200 vehicles challaned in Delhi amid enforcement of stricter anti-pollution norms

by AIP Online Bureau | Nov 6, 2023 | Data, Policy

Under Stage IV of the Graded Response Action Plan (GRAP), only CNG, electric and BS VI-compliant vehicles from other states are allowed to enter Delhi. Exemptions are granted only to those involved in essential services. All medium and heavy goods vehicles not engaged...

India among top countries with high income, wealth inequality: new UNDP report

by AIP Online Bureau | Nov 6, 2023 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Wealth Management/ Philanthropy

In India, between 2000 and 2022, per capita income soared from USD 442 to USD 2,389. Whereas, between 2004 and 2019, poverty rates (based on the international poverty measure of USD 2.15 per day) plummeted from 40 to 10 per cent New Delhi: India has emerged among top...
India automobile retail sales declined 8% in October: Industry data

India automobile retail sales declined 8% in October: Industry data

by AIP Online Bureau | Nov 6, 2023 | Data, Eco/Invest/Demography, Non-Life

Commercial vehicles are looking at a strong November, with festive and construction activities enhancing demand, alongside anticipated financial schemes However, the passenger vehicle segment is navigating through a tricky phase. Festive days might spike bookings, yet...
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