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India to surpass China this year to become the world’s largest two-wheeler market

India to surpass China this year to become the world’s largest two-wheeler market

by AIP Online Bureau | Aug 10, 2024 | Data, Eco/Invest/Demography, Policy

Going forward, it is the electric two-wheeler (E2W) segment of the market that will see more growth, with over a quarter of 2Ws sold in 2024 expected to be battery-powered New Delhi: India is projected to surpass China this year to become the world’s largest...

PhonePe launches pre-approved term life insurance

by AIP Online Bureau | Aug 10, 2024 | Briefs, Life, Technology

PhonePe on Friday announced the launch of a ‘pre-approved term life insurance’ feature on its platform. The company has partnered with leading insurers to enable this feature on its platform. In fact, the company is focused on scaling up this offer tremendously and...
Normalcy returning to household saving behaviour: RBI Dy Guv Michael Patra

Normalcy returning to household saving behaviour: RBI Dy Guv Michael Patra

by AIP Online Bureau | Aug 9, 2024 | Workplace/Employee Benefits

Michael Patra, Deputy Governor,Reserve Bank of India The households had saved higher proportions in financial assets during the pandemic both as a precautionary measure and as the avenues to spend had dried up, and with the ebbing of Covid, there has been a propensity...
Plane crashes in fiery wreck in Sao Paulo with 62 people aboard

Plane crashes in fiery wreck in Sao Paulo with 62 people aboard

by AIP Online Bureau | Aug 9, 2024 | International News, Non-Life, Reinsurance

At an event in southern Brazil, President Luiz Inácio Lula da Silva asked the crowd to stand and observe a minute of silence as he shared the news. He said that it appeared that all passengers and crew aboard had died, without elaborating as to how that information...
GIC Re’s net profit jumps 42% to Rs1036 cr in Q1FY25

GIC Re’s net profit jumps 42% to Rs1036 cr in Q1FY25

by AIP Online Bureau | Aug 9, 2024 | Indian News, Life, Non-Life, Reinsurance

N Ramaswamy, CMD, GIC Re   GIC Re has expanded its premium income by almost 40 per cent y-o-y to Rs 12,406 crore during the quarter ending in June 2024 `We now plan to push growth both in top line and bottom line.  Of course,  we are closely...
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