Moody's said India's robust economic growth contributed to a 17 per...
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Factory Mutual opens its Mumbai office
Lto R- Srini Krishnamurthy, senior Vice President, FM operations...
India’s insurance market to grow at higher than major emerging and advanced countries in next 4 yrs, says Swiss Re
“India is a true bright spot for insurance growth in the mid-term...
Muhurat trading signifies positive investor sentiment for Indian markets
Despite the recent fall in the markets, the optimism during the muhurat trading on Friday signified positive investor sentiment New Delhi: The Indian benchmark indices exhibited initial signs of a positive reversal this week, coinciding with the festive season....
Samvat 2081 offers investors remarkable chance to reshape their financial journey
In Samvat year 2080, investors' wealth surged by a whopping Rs 128 lakh crore (about $1.5 trillion at current exchange rate) to Rs 453 lakh crore in just one year. This made Samvat 2080 the biggest wealth-creating year on record, banking upon a stable government,...
India records warmest temperature since 1901 in October
The minimum temperature in Oct also clocked 21.85 degrees Celsius against the normal of 20.01 degrees Celsius for the country as a whole New India: India experienced its warmest October since 1901 with mean temperature recording 1.23 degrees Celsius above normal, the...
IMF sees India driving growth in Asia-Pacific region
IMF said that the growth for the Asia Pacific region in 2024 has been revised up marginally by 0.1 percentage point to 4.6 per cent, primarily reflecting the robust performance early in the year. With this, the Asia and Pacific region are expected to contribute...
DIIs hold stock market steady as FIIs sell Rs 113,858 crore worth equity in Oct
Despite the massive FII selling in financials, this sector is resilient since the valuations are fair and every selling is being absorbed by domestic institutional investors (DIIs) and individual investors, particularly high-net-worth individuals (HNIs) Mumbai: The...
SUV sales a bright spot in carmakers’ October dispatches to dealers
Demand for new cars has slowed after two years of surging growth, forcing automakers to moderate sales to dealers and dish out higher discounts as showroom owners grapple with rising levels of unsold cars New Delhi: Some top Indian carmakers reported a surge in sports...
India faces 24.7 pc GDP loss by 2070 due to climate change: ADB report
"India is reported to have the highest number of affected individuals and damage costs, with residential losses being predominant," the report said New Delhi: Climate change under a high-end emissions scenario could lead to a 16.9 per cent loss in GDP by 2070 across...
Domestic institutional investors pour record over Rs1 lakh cr in equities in Oct
DII activity came as the cumulative foreign portfolio investor (FPI) selling in equity through the Indian stock exchanges stood at Rs 102,931 crore (till October 24) So far, the DII investments have been around Rs 4.41 lakh crore, with two more months to go, driven by...
India’s gold demand to hit 4-year low amid price rally: World Gold Council
Gold demand in the world's second-biggest consumer of the precious metal could stand between 700 and 750 metric tons in 2024, the lowest since 2020 and down from last year's 761 tons, Sachin Jain, CEO of WGC's Indian operations, told Reuters. New Delhi: India's gold...
New India turns profitable at Rs 71 crore in Q2FY25
Girija Subramanian, CMD, NIA, said, "It gives me immense satisfaction that the operating metrics have improved, with loss ratio as well as combined ratio being lower than the same period last year with profit after tax showing a 5x increase. While the premium growth...