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Irdai proposes to increase third-party insurance premium for cars, two-wheelers

by AIP Online Bureau | May 20, 2019 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: Third-party insurance premium for cars, two-wheelers and transport vehicles may go up with the regulator Irdai proposing substantial increase in premium rates for the current financial year.   The Insurance Regulatory and Development Authority...

2019 general elections: The winner gets an economy riddled with problems

by AIP Online Bureau | May 20, 2019 | Eco/Invest/Demography, Indian News

  New Delhi: A set of deep-rooted economic challenges awaits India’s new government after election results are announced May 23.    Arresting an economic slowdown and nursing the nation’s financial sector back to health will be the immediate...

Indian markets cheer Modi’s likely return to power

by AIP Online Bureau | May 20, 2019 | Eco/Invest/Demography, Indian News

MUMBAI/BENGALURU: Indian markets rallied on Monday after exit polls showed Prime Minister Narendra Modi was set to win a second term after a general election with an even bigger mandate than in 2014.   The S&P BSE Sensex zoomed over 900 points at open to...

FPIs withdraw Rs 6,399 cr in May so far on trade war, election uncertainty

by AIP Online Bureau | May 20, 2019 | Eco/Invest/Demography, Indian News

  New Delhi: Overseas investors have pulled out a net amount of Rs 6,399 crore from the Indian capital markets in May so far on the back of election-related uncertainty and the US-China trade tensions.   Prior to this, foreign portfolio investors (FPI) were...

Most polls predict majority to BJP-led NDA, Equity markets are likely to extend gains

by AIP Online Bureau | May 19, 2019 | Eco/Invest/Demography, Indian News

  New Delhi: Today, most exit polls forecast a majority for the ruling BJP-led NDA in Lok Sabha polls with varying numbers as the seven-phase polling in the general elections ended Sunday.The counting of votes will begin at 8 am on May 23.   After nearly two...
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