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Mutual fund industry on a high; asset surges Rs 17 lakh cr in 2024

Mutual fund industry on a high; asset surges Rs 17 lakh cr in 2024

by AIP Online Bureau | Dec 24, 2024 | Eco/Invest/Demography, Features, Wealth Management/ Philanthropy

The year 2024 saw a substantial net inflow of Rs 9.14 lakh crore, alongside a significant 5.6 crore increase in investor count and a growing popularity of SIPs, which alone contributed Rs 2.4 lakh crore, according to data from the Association of Mutual Fund Industry...
Automotive to sustainable mobility EVs and beyond Auto industry’s journey for 2025

Automotive to sustainable mobility EVs and beyond Auto industry’s journey for 2025

by AIP Online Bureau | Dec 24, 2024 | Eco/Invest/Demography, Features, Non-Life, Technology

SIAM Director General Rajesh Menon said the passenger vehicle segment continued its steady performance led by sustained demand for SUV segments and good adoption of new energy vehicles, such as electrics, hybrids and gaseous fuel vehicles New Delhi: Traversing from...

Claims ratio of non-life insurers dips to 82.52% in FY24: Irdai report

by AIP Online Bureau | Dec 23, 2024 | Indian News, Life, Non-Life

The incurred claims ratio for private sector general insurers, standalone health insurers and specialised insurers were at 76.49 per cent, 63.63 per cent, and 66.58 per cent, respectively, for 2023-24 as compared to the previous year’s ratio of 75.13 per cent,...

Majority of Indian car buyers prefer decisions through physical dealerships

by AIP Online Bureau | Dec 23, 2024 | Data, Eco/Invest/Demography, Technology

According to the survey, nearly 9 out of 10 car buyers in India are more inclined to visit a physical dealership, highlighting the critical importance of in-person visits in shaping their overall buying behaviour, it stated Majority of car buyers in India still prefer...

India witnessing 30 mn new demat accounts annually, 1 in 4 now a women investor

by AIP Online Bureau | Dec 23, 2024 | Data, Eco/Invest/Demography, Non-Life

“This year, the number of new demat accounts may cross the 40 million mark,” said Dr Soumya Kanti Ghosh, Group Chief Economic Adviser, SBI, adding that apart from a few states, the participation of women increased more than national average in FY25 as compared to...
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