For the standalone private sector health insurance providers, the gross written premium during the month rose by 29.2 per cent to Rs 612.81 crore against Rs 474.26 crore year earlier same month

The Gurugram-based IndiGo remained the market leader, having flown more than four out of every 10 passengers as it carried 4.58 million passengers during the month while rival SpiceJet continued to see the highest seat occupancy across its aircraft market at 95.5 per cent.

World economic growth is now forecast to reach 3.2 percent both in 2018 and 2019, an upward revision by 0.2 and 0.1 percentage points, respectively.

Despite net inflows, decline in markets dented the value of FPI investments in equities as it ended the January-March quarter this year at USD 414 billion from USD 442 billion registered in the the preceding three months 

“An increase in (government securities) yields in the domestic market has seen FPIs pulling out money from the Indian debt markets, whereas outlflow of money from equity market is a function of rise in global yields and deterioration in macroeconomic fundamentals of Indian economy largely due to rising crude prices.Besides, FPIs have also booked profit ahead of the upcoming state election,” Rakesh Tarway, head of research at Reliance Securities

Private Equity (PE) and Venture Capital (VC) investors in Southeast Asia and India announced 170 technology transactions worth $2.6 billion in the first quarter of this year, and going ahead the deal momentum looks bullish.

As many as 6,04,557 such members were registered in January 2018 and 5,57,633 in December 2017, the latest data by the Employees’ Provident Fund Organisation (EPFO) about all non-zero contributors or new members that are registered with the body every month showed.

According to latest depository data, FPIs withdrew a net sum of Rs 4,181 crore from equities and another Rs 3,586 crore from the debt markets during April 2-10.

According to the BCG survey, up to 89 per cent of people plan to buy a new car in the next five years.
However, over 79 per cent would refrain from buying a car if ridesharing matches car ownership for affordability and convenience, it added.

Releasing its first forecast for 2018, the Met department said that rains would be 97 per cent of the Long Period Average (LPA), with a model error of plus or minus 5 per cent. Probability of normal to excess rains is 56% and that of below normal and deficit rain is 44%