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Ambani pips Adani to become richest Indian on Hurun list

Ambani pips Adani to become richest Indian on Hurun list

by AIP Online Bureau | Oct 10, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Mukesh Ambani, Chairman, Reliance Industries Pune-based Cyrus Poonawalla of vaccine maker Serum Institute of India has retained the position as the third wealthiest Indian, with a 36 per cent jump in the fortune at Rs 2.78 lakh crore, while Shiv Nadar of HCL...
IMF raises India’s GDP growth forecast marginally to 6.3 pc for FY24

IMF raises India’s GDP growth forecast marginally to 6.3 pc for FY24

by AIP Online Bureau | Oct 10, 2023 | Eco/Invest/Demography, Indian News, Policy

‘Growth in India is projected to remain strong, at 6.3 per cent in both 2023 and 2024, with an upward revision of 0.2 percentage point for 2023, reflecting stronger-than-expected consumption during April-June,” the ‘World Economic Outlook’...

RBI bars Bank of Baroda from more customers on bob World app

by AIP Online Bureau | Oct 10, 2023 | Banking & Bancassurance, Indian News, Regulation, Technology

“This action is based on certain material supervisory concerns observed in the manner of onboarding of their customers onto this mobile application. Any further onboarding of customers of the bank on the ‘bob World’ application will be subject to...

CCI plans market studies on impact of artificial intelligence on competition landscape

by AIP Online Bureau | Oct 10, 2023 | Eco/Invest/Demography, Indian News, Risk Management

“We are looking at doing some market studies on that, so that we can understand the market better. We can look at whether there is any possibility of anti-competitive practices and if so, how they can be addressed. Whether we can even do a self-regulation. That...
Sundarbans records highest drowning mortality rate among children across globe: Report

Sundarbans records highest drowning mortality rate among children across globe: Report

by AIP Online Bureau | Oct 10, 2023 | Data, Disaster & Management, Risk Management

In the Indian part, Sundarbans is spread over 100 islands and has around 40 lakh inhabitants. Of the total population, around 15.9 per cent are children aged between one and nine and has a mortality rate of 38.8 per lakh population among children aged between five and...
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