According to a report by Motilal Oswal, domestic institutional...
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Electric PV retail sales up 56.87 pc at 12,233 units in April: FADA
Tata Motors continued to lead the market with 4,436 units of...
CII releases guidebook on effective adoption governance of AI for board leaders
It encompasses basic concepts related to AI, its use in various...
13.5 cr Indians move out of multidimensional poverty in 5 years: Niti Aayog report
The report said rural areas witnessed the fastest decline in poverty from 32.59 per cent to 19.28 per cent, while the urban areas saw a reduction in poverty from 8.65 per cent to 5.27 per cent. Providing multidimensional poverty estimates for the 36 states and Union...
FPIs infuse Rs 30,600 cr in Indian equities in the first fortnight of July
The incessant buying by FPIs could be attributed to a variety of factors such as the country's robust economic growth, strong corporate earnings, and relatively competitive valuations of Indian equities compared to other markets, Sonam Srivastava, Founder of Wright...
Investors prefer small-cap mutual funds over large-cap; invest Rs 11,000 cr in June quarter
The small-cap category in the mutual fund space has given impressive returns with a compound annual growth rate (CAGR) of 30-37 per cent for one year, 40-44 per cent for three years, and 18-21 per cent for five years Mumbai: Mutual funds focused on small-caps have...
Credit card spending hits record high at Rs 1.4 lakh crore in May; cards in use at 87.4 million
Indicating the rising stress level among individuals, a Transunion Cibil report last week said delinquencies in the credit card portfolio of banks have been rising and have jumped by 66 basis points to 2.94 per cent in March 2023. Credit card spending has hit a record...
Himachal suffered losses of about Rs 8,000 crore due to rain: CM Sukhu
About 70,000 tourists have been evacuated from the state and 15,000 vehicles sent out, while around 500 tourists have voluntarily decided to stay back, Sukhu said in a statement issued here Shimla: Himachal Pradesh has suffered losses of about Rs 8,000 crore as heavy...
Last month was hottest June ever recorded on Earth: NASA, NOAA
The National Oceanic and Atmospheric Administration (NOAA) also found that it is virtually certain (above 99 per cent) that 2023 will rank among the 10-warmest years on record and a 97 per cent chance it will rank among the top five. The El Nino climate pattern is one...
Health, motor continue to drive general insurance, Q1 sales jump 17.9%
In June, the non-life insurance industry reported a premium of Rs 20,451.9 crore growing by 14.8 per cent on-year compared to 20.6 per cent in the same period last year, according to the data collated by Care Ratings Mumbai: Robust demand for health and motor covers...
75 pc districts exposed to extreme floods only 25 pc of them have early warning systems report
Approximately 66 per cent of individuals in India are exposed to extreme flood events; however, only 33 per cent of them are covered by flood EWS. Moreover, 25 per cent of the Indian population is exposed to cyclones and their impacts, but cyclone warnings are...
Hunger afflicts one in ten globally, UN report finds
In addition to rising hunger, the capacity of people to access healthy diets also deteriorated across the world. More than 3.1 billion people globally unable to afford a healthy diet in 2021, the report issued jointly by the Food and Agriculture Organization (FAO),...
Life insurers’ Q1 new business premium collections decline 0.9 pc: Report
Among total collections in the first quarter, private players grew 10.6 per cent to Rs 28,167.7 crore year-on-year from Rs 25,473.5 crore, when it grew by 48.8 per cent Mumbai: Life insurers collectively witnessed a 0.9 per cent decline in the first quarter new...