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Household savings in India drop to 18.1% of GDP in FY24: CareEdge Ratings

by AIP Online Bureau | Jun 15, 2025 | Data, Eco/Invest/Demography, Policy

On the other hand, household financial liabilities surged to 6.2 per cent of GDP, nearly doubling over the past decade, reflecting growing reliance on credit amid consumption needs, the report observed. New Delhi: India’s household savings continued their...
Pune Indrayani river bridge collapse: Four dead, 18 injured

Pune Indrayani river bridge collapse: Four dead, 18 injured

by AIP Online Bureau | Jun 15, 2025 | Disaster & Management, Indian News

Maharashtra Minister of Disaster Management Girish Mahajan, who was at the site monitoring rescue efforts, said the bridge collapsed under the weight of a large number of tourists PUNE: Four persons died and 18 were seriously injured after an old iron bridge on...
Plane crash DNA tests identify 47 victims, 24 bodies handed over to kin

Plane crash DNA tests identify 47 victims, 24 bodies handed over to kin

by AIP Online Bureau | Jun 15, 2025 | Disaster & Management, Indian News, Non-Life, Reinsurance

The committee, headed by Union Home Secretary Govind Mohan, is mandated to ascertain the “root cause” of the plane crash and assess any contributing factors, including mechanical failure, human error, and regulatory compliances. The committee has been...
Iran-Israel war could hurt exports; increase insurance costs: Exporters

Iran-Israel war could hurt exports; increase insurance costs: Exporters

by AIP Online Bureau | Jun 15, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

“The war will further hurt global trade. The situation was gradually improving but now again the trade will be impacted. Our exports to Europe and countries like Russia may get hurt. Freight rates and insurance are expected to increase,” Federation of...
Tesla’s public robotaxi rides set for tentative June 22 start, CEO Musk says

Tesla’s public robotaxi rides set for tentative June 22 start, CEO Musk says

by AIP Online Bureau | Jun 15, 2025 | International News, Risk Management, Technology

Commercialising autonomous vehicles (AV) has been challenging with safety concerns, tight regulations and soaring investments, and many have been skeptical of Musk’s plans SAN FRANCISCO: Tesla tentatively plans to begin offering rides on its self-driving...
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