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Global credit starts to wobble as market pain spreads

by AIP Online Bureau | Apr 8, 2025 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management

Overnight in Asia, the Markit Itraxx Asia ex-Japan index, comprising sovereign and company debt, rose about 26 basis points to its highest since August last year “If we see credit struggling, spreads widening out significantly, precious metals and other havens like...
Indian insurance industry waits for a new IRDAI chairman

Indian insurance industry waits for a new IRDAI chairman

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

The names of Ajay Sheth, who have been appointed as finance secretary just a few days back, Girdhar Armane, former Defense Secretary , Pankaj Jain, Petroleum secretary are still in the reckoning though it is unlikely that the government will now shift Sheth from the...

India’s car sales surge past 41.53 lakh mark during FY25

by AIP Online Bureau | Apr 7, 2025 | Data, Eco/Invest/Demography, Indian News, Non-Life, Technology

Two-wheeler sales during 2024-25 registered a higher growth rate at 7.71 per cent year-on-year to touch 1,88,77,812 units on the back of buoyant demand. Three-wheelers sales rose 4.54 per cent compared to the previous on driven by higher economic activity but...
Automobile retail sales drop 7 pc in Feb amid slowing demand FADA

Automobile retail sales drop 7 pc in Feb amid slowing demand FADA

by AIP Online Bureau | Apr 7, 2025 | Data, Eco/Invest/Demography, Non-Life

“Dealers noted weak market sentiment which specially continues in the entry level category, delayed conversions, challenging targets and stressed that OEMs should avoid overburdening dealers with excessive inventory — a practice that risks unmanageable...
Bloodbath: Stock market crashes over 5%, investors poorer by Rs 20.16 lakh cr in morning trade

Bloodbath: Stock market crashes over 5%, investors poorer by Rs 20.16 lakh cr in morning trade

by AIP Online Bureau | Apr 7, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

The 30-share BSE benchmark tumbled 3,939.68 points or 5.22 per cent to 71,425.01 in early trade. Mirroring the bearish trend in equities, the market capitalisation of BSE-listed firms declined sharply by Rs 20,16,293.53 crore to Rs 3,83,18,592.93 crore (USD 4.50...
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