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From the best to worst, India’s stock market sets off alarm bells

by AIP Online Bureau | Feb 24, 2019 | Eco/Invest/Demography, Indian News

  Mumbai: Two months ago, it was Asia’s hottest stock market. Now, investors are shunning it.   India has wiped out $113 billion in value this year after winning the regional equity crown in 2018. Uncertainty surrounding upcoming elections, an ongoing...

Minimum assured return scheme for NPS subscribers soon

by AIP Online Bureau | Feb 24, 2019 | Indian News, Pension & Social Security, Policy, Regulation

  New Delhi:  Pension fund regulator PFRDA is working on a minimum assured return scheme (MARS) for subscribers of the flagship social security programme — National Pension System.   NPS is a contributory retirement savings scheme and seeks to...

BMW Group and Daimler AG invest more than €1 billion in joint mobility services provider

by AIP Online Bureau | Feb 23, 2019 | Uncategorized

Berlin: The BMW Group and Daimler AG are pooling their mobility services to create a new global player providing sustainable urban mobility for customers. The two companies are investing more than €1 billion in total to develop and more closely intermesh their...

‘Unregulated deposit ordinance to lead to creation of central repository of registered firms

by AIP Online Bureau | Feb 23, 2019 | Eco/Invest/Demography, Indian News, Regulation

  New Delhi: Financial Services Secretary Rajiv Kumar on Friday said the Banning of Unregulated Deposit Scheme Ordinance promulgated by the President will help create a central repository of all the registered entities that can take deposits.   The...

Number of vehicles on Delhi roads over 1 crore, with more than 70 lakh two wheelers: Economic survey

by AIP Online Bureau | Feb 23, 2019 | Data, Eco/Invest/Demography

   New Delhi: The number of vehicles in the national capital surged to 1.09 crore by March 2018, including over 70 lakh two wheelers, according to Delhi's Economic Survey 2018-19 report.  The report, which was tabled in the Assembly on Saturday...
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