“The Indian insurance industry is expected to grow to USD 280 billion by FY2020 with the government’s flagship Ayushman Bharat and other growth drivers like rising disposable incomes, presence of global players and easing of the regulatory regime, helping penetration of the insurance culture in the country,” the study noted. 

In India, international tourists arrivals grew from 14.57 million in 2016 to 15.54 million in 2017. International tourism receipts for India grew from 22.42 billion dollars in 2016 to 27.36 billion dollars last year

The latest inflow comes following a net infusion of over Rs 23 billion in the capital market — both equity and debt — in July. Prior to that, overseas investors had pulled out over Rs 610 billion during April-June

The latest inflow comes following a net infusion of over Rs 23 billion in the capital markets — both equity and debt — last month. Prior to that, overseas investors had pulled out over Rs 610 billion during April-June.

According to the payroll data released by the Employees’ Provident Fund Organisation(EPFO) for September-May, as many as 44.74 lakh new member were enrolled for its social security schemes to provide benefits, including provident fund, insurance and pension.

According to the latest depository data, foreign portfolio investors (FPIs) pumped in a net sum of Rs 23.73 billion into equities during August 1-10 and a net amount of Rs 62.08 billion into the debt market, taking the total to Rs 85.81 billion ($1.2 billion)

According to the RBI norms, banks are permitted to levy service/miscellaneous charges.Customers opening accounts under Basic Savings Bank Deposit (BSBD) scheme as well as Pradhan Mantri Jan Dhan Yojna are not required to maintain any minimum balance

The role played by financial sponsors such as private equity firms and pension funds in the Indian deal space is increasing — both in terms of selling some investments as well as tying up with local companies to bid for assets on sale through the bankruptcy process

Though it had the highest number of cancellations, compensation paid by IndiGo was only Rs 4.55 lakh.
SpiceJet, which saw only 11,754 passenger affected because of the cancellations, paid 72.62 lakh

Global economic losses from natural disasters during the half were an estimated US$45 billion – 64 percent lower than the 10-year average of US$124 billion and 48 percent lower than the 18-year average of US$87 billion. (Economic losses encompass both insured and uninsured losses).