In FY25, electric two-wheeler (e-2W) sales hit 11.49 lakh units, up...
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Over 75% NRIs stay invested beyond 5 yrs, outpace resident Indians in long-term commitment: Report
The average monthly SIP amount for NRI clients at FinEdge stands at...
Children’s education continues to be top financial priority for Indian fathers
Indian fathers are increasingly adopting a long-term mindset when...
Domestic PV wholesales dips 2.5 pc at 3,41,510 units in July: SIAM
"Though three-wheeler and two-wheeler segments are performing well, there has been some de-growth of passenger vehicles and commercial vehicles in July 2024, compared to July 2023," SIAM President Vinod Aggarwal said in a statement. New Delhi: Passenger vehicle...
Bangladesh crisis impacts India’s medical tourism: Report
Current internal challenges in Bangladesh have impacted the flow of patients as a considerable number of these travellers have either cancelled or postponed their visits, according to a report by knowledge-based analytical group CareEdge Ratings.The contribution of...
Legacy tech hindering pricing and profitability, says report
While the buzz around AI is inescapable and the potential benefits undeniable, its true value can only be fully harnessed when insurers get their own houses in order. The reality is the sector’s current pricing infrastructure doesn’t have the capacity to support this...
Govt issues guidelines for ‘Model Solar Village’ under PM-Surya Ghar: Muft Bijli Yojana
The Government of India approved the PM-Surya Ghar: Muft Bijli Yojana on 29th February 2024, with the aim to increase the share of solar rooftop capacity and empower residential households to generate their own electricity. The scheme has an outlay of Rs 75,021 crore...
Sovereign Green Bonds trading at IFSC to commence in 2nd half of this fiscal: RBI Governor
Shaktikanta Das, Governor,Reserve Bank of India Reserve Bank Governor Shaktikanta Das further said, one major announcement in this year's budget about developing a climate taxonomy "I think that will have a significant long-term impact on mobilisation of funds for the...
Financial strain of disability in India high, insurance aims to bridge gap
According to experts, close to 5 to 7 lakh people in the country suffer from temporary or permanent disability each year due to the high rates of accidents and crippling diseases and lose their ability to work and earn a livelihood New Delhi: A staggering number of...
India receives Rs 3.4 lakh cr of foreign investment in 2023-24:SEBI
“Compared to net outflows of Rs 40,936 crore in 2022-23, FPIs invested Rs 3.4 lakh crore in India during 2023-24, which was the highest since 1992-93,” said SEBI. New Delhi: India’s Initial Public Offering (IPO) market witnessed a resurgence in 2024, with a total of...
SIP flows touch a record high of Rs 23,322 crores in July
Contributions to systematic investment plans (SIPs) also touched a record high of Rs 23,322 crores in July, hitting an all-time high for the thirteenth consecutive month.Equity mutual funds reported net inflows aggregating to Rs 6.36 trillion from domestic investors...
Amazon India sets up 4 hubs to deliver urgent relief material
"Our disaster relief efforts are guided by our extensive logistic network, warehousing expertise and our collaborative approach to work closely with non-profit partners, dedicated relief workers, and selfless volunteers on ground," said Anita Kumar, Head Amazon...
10 X-Band Doppler Weather Radars to enhance weather monitoring, says Jitendra Singh
Jitendra Singh, Union minister of State (Independent Charge) for Science and Technology and Earth Sciences The deployment of these radars is part of a broader initiative by the Government of India to strengthen the country’s meteorological infrastructure. By enabling...