by AIP Online Bureau | Sep 16, 2020 | Eco/Invest/Demography, Indian News
New Delhi: The National Stock Exchange (NSE) on Wednesday said asset base of all the exchange-traded funds (ETFs) tracking Nifty 50 index in the country has crossed Rs 1 trillion, which indicates growing investors' interest in such products. Also, the total...
by AIP Online Bureau | Sep 16, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic
Airlines in India are seeking at least $1.5 billion as an interest-free credit line from the government, Civil Aviation Minister Hardeep Singh Puri said, as lockdowns and restrictions linked to the coronavirus pandemic hit demand for air travel. The carriers in what...
by AIP Online Bureau | Sep 16, 2020 | Eco/Invest/Demography, Indian News, Life, Pandemic
Mumbai: Life Insurance Corporation (LIC), which is preparing for its Initial Public Offer (IPO) despite volatility in the stock market, has already made a profit of Rs 13,000 crore from its equity portfolio till August this year, a top official said on...
by AIP Online Bureau | Sep 16, 2020 | Eco/Invest/Demography, Facts, Technology
New Delhi: Automation is a key tool for businesses that are expecting finance functions to maximise the operational efficiency and minimise the time spent on non-value activities, according to a report. In a joint report released on Wednesday, the Institute of...
by AIP Online Bureau | Sep 16, 2020 | Eco/Invest/Demography, International News, Non-Life
COLOMBO/NEW DELHI: Sri Lanka is seeking at least 340 million rupees ($1.9 million) from the owner of the stricken oil supertanker New Diamond for assistance given to the vessel since it caught fire on Sept. 3, the coordinating officer to the country’s...