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India’s GDP expands 7.8 pc in Q4, 8.2 pc in FY24

India’s GDP expands 7.8 pc in Q4, 8.2 pc in FY24

by AIP Online Bureau | May 31, 2024 | Eco/Invest/Demography, Indian News, Policy

The growth propelled the Indian economy to USD 3.5 trillion and set the stage for achieving the USD 5-trillion target in the next few years Financial, real estate and professional services grew 7.6 per cent in the March 2023 quarter compared to 9.2 per cent in the...

DoT unveils 160 series for service, transactional voice calls

by AIP Online Bureau | May 31, 2024 | Health, Indian News, Life, Non-Life, Regulation

Now, for example, the service and transactional calls originating from financial entities like the RBI, SEBI, PFRDA, IRDA, etc shall start from 1601 New Delhi: The Department of Telecommunications (DoT) has introduced a new numbering series, 160xxxxxxx for making...

India’s key monsoon rains arrive early, promising respite from heat, boost crop and rural demand

by AIP Online Bureau | May 31, 2024 | Eco/Invest/Demography, Indian News, Policy

Nearly half of India’s farmland, without irrigation, depends on the annual June-September rains. Regular rains during the monsoon season will also bring relief from the searing heat wave that has seen maximum temperatures cross 50 degrees Celsius (122°F) in some...

MS Amlin forecasts “substantially above average” hurricane activity

by AIP Online Bureau | May 31, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

“The insurance industry can help people and businesses to absorb climate blows, but only if pricing adequately reflects the escalating risks of stronger, more destructive hurricanes in a warming world. Investing in sophisticated catastrophe modelling and research will...
S&P Global to observe India’s fiscal glidepath for possible rating upgrade

S&P Global to observe India’s fiscal glidepath for possible rating upgrade

by AIP Online Bureau | May 31, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management

”Within the next 2 years we will be closely observing whether the government’s depiction of fiscal consolidation path will carry on… We will be observing for the next 1-2 years to see how this fiscal numbers will come to pass and if so, this will lead to a...
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