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Foreign investors pour $6 bn into India stocks despite sinking economy

by AIP Online Bureau | Sep 5, 2020 | Eco/Invest/Demography, Indian News

  India’s shrinking economy is not stopping foreign investors from pouring money into the nation’s stocks betting on a recovery. International buyers plowed a net $6 billion into shares in Asia’s third-largest economy in August, the most since...

Fintech the way forward for Indian banking, payment system: SBI MD

by AIP Online Bureau | Sep 5, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology

Mumbai: State Bank of India (SBI) managing director Ashwani Bhatia on Friday said Fintech is the way forward for the Indian banking and payment system as there is a lot of opportunity for growth. Giving the example of SBI, he said, 91 per cent of jobs are being done...

Centre close to finalising automobile scrappage policy: Nitin Gadkari

by AIP Online Bureau | Sep 5, 2020 | Eco/Invest/Demography, Indian News, Non-Life

New Delhi: Union Minister Nitin Gadkari on Saturday said the Centre is close to finalise the ambitious automobile scrappage policy. Gadkari spoke at the 60th ACMA Annual Session which was held virtually. In connection with the scrappage policy, he informed the session...

Dubai dusts off a two-year-old plan to lure wealthy retirees as expats begin to move out

by AIP Online Bureau | Sep 5, 2020 | Eco/Invest/Demography, Facts, Pension & Social Security

  Dubai is looking to attract retirees by gearing up a program first started two years ago that’s taken on greater urgency as the Middle East business hub contends with the flight of expatriates amid an economic downturn. Foreigners over the age of 55 will...

India’s record 86,432 infections reported in a day,takes 13 days to cross 40 lakh COVID-19 cases from 30 lakh

by AIP Online Bureau | Sep 5, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

;New Delhi: India's COVID-19 infection tally sprinted past 40 lakh, just 13 days after it crossed 30 lakh, with a record 86,432 cases being reported in a day, while recoveries have surged to 31,07,223 on Saturday pushing the recovery rate to 77.23 per cent,...
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