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India passenger vehicle sales up 4 pc to 3.5 lakh units in Nov
Maruti Suzuki India sold a total of 181,531 units, including...
ACKO’s 2024 Accident Index:78% of all road accidents in India occur in metro cities
Most Accident-Prone Cars Hyundai i10 topped the list as the car...
International tourism arrivals hit record high in 2017, India leads growth in South Asia: UN report
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
India:Foreign investors remain bullish on India, infuse Rs 51-bn in August
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
FPIs stay bullish; pour in Rs 67 bn in August on better corporate earnings
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.
Indian payroll data: 47 lakh jobs created in 10 months till 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.
FPIs invest Rs 8,500 crore in just 8 sessions in August
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)
Banks collect Rs 5,000 crore from customers in FY18 for breaching min balance
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
$98 billion worth of deals struck by Indian companies in 2018
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
India: Flight cancellations hit over 1.08 lakh IndiGo passengers till May this year: Govt data
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 1H Insured Natural Disaster Losses 40% Lower than 10-Year Average: Aon
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).
Blockchain can add $5 bn to Indian economy in 5 years: Nasscom
Based on the distributed storage of data, Blockchain technology can enhance the speed of transactions while increasing transparency. It is widely recognised as having the potential to transform several sectors of the economy, including banking, financial