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Automakers brace for moderate sales after record 2023; gear up for more EV launches in 2024

Automakers brace for moderate sales after record 2023; gear up for more EV launches in 2024

by AIP Online Bureau | Dec 24, 2023 | Eco/Invest/Demography, Non-Life, Technology

Passenger vehicle sales are expected to cross 40 lakh units this year and prices are set to rise from January. ”The overall outlook for the Indian automobile industry in 2024 looks good which can be attributed to the all-round economic growth of the country,...

Mutual funds roar back in 2023: Rs 9 lakh cr surge in asset base on strong mkts, eco growth

by AIP Online Bureau | Dec 24, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Investors have shown confidence in SIPs, with inflows surging to an impressive Rs 1.66 lakh crore in the year. This has surpassed the entire amounts for 2022 (Rs 1.5 lakh crore), 2021 (Rs 1.14 lakh crore), and 2020 (Rs 97,000 crore) Monthly inflows through SIP, which...

FPIs pour 57,300-cr in equities in Dec on political stability, robust economic growth

by AIP Online Bureau | Dec 24, 2023 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy

The robust inflow from FPIs into the Indian stock markets can be attributed to various factors. Primary among these are political stability and positive sentiments prevailing in the Indian markets,said Himanshu Srivastava, Associate Director- Manager Research,...
Govt clears proposal to appoint EDs in PSU gen insurance companies, interviews for 9 EDs soon

Govt clears proposal to appoint EDs in PSU gen insurance companies, interviews for 9 EDs soon

by AIP Online Bureau | Dec 23, 2023 | Indian News, Non-Life, Policy, Reinsurance

The Appointments Committee of the Cabinet (ACC) headed by Prime Minister Narendra Modi has finally approved the proposal of the Department of Financial Services for framing of guidelines for appointment of EDs in all public sector general insurance companie Currently,...
Telangana CM announces Rs 5 lakh accident insurance policy for gig workers, cab, auto drivers

Telangana CM announces Rs 5 lakh accident insurance policy for gig workers, cab, auto drivers

by AIP Online Bureau | Dec 23, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pension & Social Security, Policy

According to an official release, Telangana Chief Minister A Revanth Reddy also assured the gig workers that the government would provide Rs 10 lakh health cover under the Rajiv Arogyasri scheme Hyderabad: Telangana Chief Minister A Revanth Reddy Saturday said the...
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