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Govt extends PM E-DRIVE Scheme by two years till March 2028

Govt extends PM E-DRIVE Scheme by two years till March 2028

by AIP Online Bureau | Aug 8, 2025 | Indian News, Policy, Technology

According to a gazette notification on the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme, the provisions of the scheme will now be in effect till March 2028 instead of March 2026. However, the terminal date for registered e-2W...
EV sales jump 93% in July, domestic automobile retail sales declined 4.31%

EV sales jump 93% in July, domestic automobile retail sales declined 4.31%

by AIP Online Bureau | Aug 8, 2025 | Data, Eco/Invest/Demography, Technology

“This momentum signals that India’s EV transition is steadily moving beyond early adopters into mainstream consumer and fleet markets,” FADA President CS Vigneshwar stated New Delhi: Electric passenger vehicle retail sales jumped 93 per cent...
81pc Indians use Facebook,Instagram and WhatsApp to discover financial products: Report

81pc Indians use Facebook,Instagram and WhatsApp to discover financial products: Report

by AIP Online Bureau | Aug 8, 2025 | Data, Eco/Invest/Demography, Health, Life, Non-Life, Technology, Wealth Management/ Philanthropy

“The digital platforms play a key role throughout the decision-making journey for specific products, including loans (86 per cent), investments (84 per cent), insurance (78 per cent), and savings (82 per cent), the report stated.” said Shweta Bajpai,...
Govt takes various measures to check road mishaps: Gadkari

Govt takes various measures to check road mishaps: Gadkari

by AIP Online Bureau | Aug 7, 2025 | Eco/Invest/Demography, Indian News

Around 5 lakh accidents occur in India (annually) and around 1.80 lakh people lose their lives to such incidents, Nitin Gadkari,Union Minister of Road Transport & Highways New Delhi: The government has taken various measures to check road mishaps, Union Minister...
GIC Re net profit sees a record rise of 70 % to Rs 1,752 crore in Q1FY26

GIC Re net profit sees a record rise of 70 % to Rs 1,752 crore in Q1FY26

by AIP Online Bureau | Aug 7, 2025 | Indian News, Non-Life, Reinsurance

N Ramaswamy, CMD, GIC Re Combined Ratio improves by 2.66% to 106.94% ,underwriting losses fall 30 per cent to Rs 907.76 crore, gross investment income increases by 18.37% to Rs 3,228.51crore “In a bid to fortify our balancesheet further, we have started the...
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