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NSE/BSE market cap to cross USD 10 trillion by 2030- Experts

by AIP Online Bureau | May 26, 2024 | Eco/Invest/Demography, Features, Policy

BSE and NSE journey from USD 4 trillion in November 2023 to USD 5 trillion this week took less than six months Experts say the Indian market still has a long way to go if we compare it with leading markets of the world. The US leads with a market cap of almost USD...

10.46 lakh motor accident claims worth Rs 80,455 crore pending nationwide: RTI

by AIP Online Bureau | May 26, 2024 | Indian News, Non-Life, Reinsurance

In the wake of inordinate delays in adjudication of motor accident claims, Supreme Court advocate K C Jain said he has filed an interlocutory application in the Supreme Court under writ petition (civil), demanding that considering the delay in decision and payment of...

India to emerge as an economic superpower amid looming global economic landscape

by AIP Online Bureau | May 26, 2024 | Eco/Invest/Demography, Features, Policy, Technology

The digital revolution in India is another sector where the country has taken a lead, many countries have adopted India’s UPI for financial transactions. With the highest number of digital transactions globally and broadband connectivity reaching over 93 per...

Share of organised employment in India on the rise: Finance Ministry report

by AIP Online Bureau | May 26, 2024 | Data, Workplace/Employee Benefits

The EPFO net payroll addition stood at 1.47 crore members during FY24, amounting to a year-on-year rise of 6.3 per cent from 1.39 crore members in the corresponding period of the previous year New Delhi: There has been a decline in annual as well as quarterly...

Crippling heat wave in India peaks at 50 degrees Celsius in Rajasthan’s Phalodi

by AIP Online Bureau | May 26, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Indian News, Policy

The punishing heat in India is straining power grids and drying up water bodies, triggering drought-like conditions in parts of the country. According to the Central Water Commission, water storage in 150 major reservoirs in India plunged to its lowest level in five...
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