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FPIs invest Rs 32,365 cr in equities in July on continued policy reforms

by AIP Online Bureau | Aug 4, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

According to the data with the depositories, Foreign Portfolio Investors (FPIs) have made a net inflow of Rs 32,365 crore in equities in July. This came following an inflow Rs 26,565 crore in June driven by political stability and the sharp rebound in markets Before...
IIHL fails to comply with NCLT order on acquiring Reliance Capital: RCAP Administrator

IIHL fails to comply with NCLT order on acquiring Reliance Capital: RCAP Administrator

by AIP Online Bureau | Aug 4, 2024 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation

The Administrator, in its affidavit informed NCLT that instead of depositing Rs 2,750 crore in the designated escrow accounts of the Committee of Creditors (CoC) in India and abroad, IndusInd International Holdings Ltd (IIHL) has deposited the money in its own...

Affordable medicines save Rs 28,000 crore under Janaushadhi Scheme

by AIP Online Bureau | Aug 4, 2024 | Data, Eco/Invest/Demography, Health, Non-Life, Policy

Launched by the Department of Pharmaceuticals, these initiatives aim to alleviate healthcare expenses by providing quality generic medicines at affordable rates, focusing on critical illnesses like cancer and cardiovascular diseases The Prime Minister Bhartiya...
World’s richest lose $134 billion in stock slump, led by Amazon’s Bezos

World’s richest lose $134 billion in stock slump, led by Amazon’s Bezos

by AIP Online Bureau | Aug 4, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy

Jeff Bezos, founder,Amazon Investors have also become jittery over fears that this year’s AI-fueled gains are overdone or the market is too concentrated Jeff Bezos’s net worth shrank by $15.2 billion Friday, leading a wide-ranging slump that erased $134 billion from...

WHO report on half of India’s population is physically unfit based on extrapolations, Nadda

by AIP Online Bureau | Aug 4, 2024 | Data, Health, Non-Life, Policy

The study findings were based on the data collected from three states — Tamil Nadu, Maharashtra and Jharkhand — and Union Territory of Chandigarh New Delhi: The WHO’s recent report stating that half of India’s adult population is physically...
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