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Indian equity markets surge nearly 14% in June quarter, leads in world top 10

by AIP Online Bureau | Jun 30, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Currently, the Indian equity market is the fifth largest stock market in the world with a market capitalisation of $5 trillion Mumbai: Indian stock indices gave a stellar performance in the June quarter of FY 2024-25. During the April- June period, Indian stock market...
Big fat Indian wedding: At Rs 10 lakh cr, expenses second only to food & grocery

Big fat Indian wedding: At Rs 10 lakh cr, expenses second only to food & grocery

by AIP Online Bureau | Jun 30, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Annually, India witnesses 80 lakh to 1 crore weddings, outstripping countries like China and the US, where wedding numbers rank much lower. In comparison, the US wedding industry is valued at USD 70 billion, and China’s at USD 170 billion, while India’s...
AP Govt to disburse hiked welfare pensions on July 1

AP Govt to disburse hiked welfare pensions on July 1

by AIP Online Bureau | Jun 29, 2024 | Indian News, Pension & Social Security, Policy

N Chandrababu Naidu,Chief Minister,Andhra Pradesh Over 65 lakh beneficiaries under 28 categories will benefit. The new government has also increased pensions to eligible specially-abled persons from Rs 3,000 per month to Rs 6,000 per month Amaravati (Andhra Pradesh):...
Canopy collapses at Rajkot Airport, 3rd such event in 3 days

Canopy collapses at Rajkot Airport, 3rd such event in 3 days

by AIP Online Bureau | Jun 29, 2024 | Indian News, Risk Management

As per the Ministry of Civil Aviation sources, the canopy broke during the maintenance work to push out water accumulated in the canopy. No one was injured in the incident Rajkot: A day after the canopy collapsed at Delhi’s Indira Gandhi International Airport,...

WB approves $1.5 bn more to aid India’s low-carbon emission reforms

by AIP Online Bureau | Jun 29, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

According to the World Bank, the reforms are expected to result in the production of at least 450,000 metric tonnes of green hydrogen and 1,500 MW of electrolysers per year from FY25/26 onwards, said the World Bank New Delhi: The World Bank on Saturday approved $1.5...
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