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Automobile retail sales rise 11% annually in 2023: FADA

Automobile retail sales rise 11% annually in 2023: FADA

by AIP Online Bureau | Jan 8, 2024 | Data, Eco/Invest/Demography, Non-Life

The overall domestic automobile retail sales stood at 2,38,67,990 units in the 2023 calendar year as compared to 2,14,92,324 units in 2022 New Delhi: Aided by robust demand, automobile retail sales in India rose by 11 per cent last year as compared to 2022,...

MFs’ AUM at Rs 50 lakh cr, add Rs 10 lakh cr in 2023

by AIP Online Bureau | Jan 8, 2024 | Data, Eco/Invest/Demography, Policy, Regulation, Wealth Management/ Philanthropy

The industry saw net inflows of Rs 2.7 trillion in 2023 as compared to an inflow of over Rs 71,000 crore in the preceding year. The huge inflow could be on the back of sustained investor interest in equity funds, arbitrage funds, and index funds & ETFs Mumbai: The...
Maximum flight time in night restricted to 8 hours,says DGCA in amended flight duty regulations

Maximum flight time in night restricted to 8 hours,says DGCA in amended flight duty regulations

by AIP Online Bureau | Jan 8, 2024 | Data, Regulation, Risk Management, Workplace/Employee Benefits

According to DGCA, the revised regulations mandate increased weekly rest periods from 36 hours to 48 hours for flight crew, thus ensuring sufficient time for recovery from cumulative fatigue New Delhi: The Directorate General of Civil Aviation (DGCA) has made...

Tesla to recall 1.6 million cars in China to fix autopilot, reduce risk of collision

by AIP Online Bureau | Jan 8, 2024 | International News, Risk Management, Technology

The vehicles were made between August 26, 2014 and December 20, 2023. In these vehicles, drivers might “misuse” the Autopilot functions, which could increase the risk of collisions, the regulator said in the statement, according to CNN Tesla is recalling...

Indian tax payers migrating to higher range of total gross income: SBI Research report

by AIP Online Bureau | Jan 8, 2024 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

The number of ITRs filed by people earning between Rs 10 lakh and Rs 25 lakh has increased by 291 per cent, the report said. Total number of persons filing Income tax increased to 74 million in the assessment year 2022-23 from 70 million in 2021-22 Mumbai: The income...
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