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Women own 39.2 pc of bank accounts in India: Govt report

Women own 39.2 pc of bank accounts in India: Govt report

by AIP Online Bureau | Apr 6, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Workplace/Employee Benefits

Rising percentage of female-headed proprietary establishments across manufacturing, trade, and other services sectors over the years 2021-22, 2022-23 and 2023-24 has been observed NEW DELHI: Women own 39.2 per cent of bank accounts in the country and the proportion is...

Over 13 lakh electric 2-wheeler 3W sold in FY25: Govt

by AIP Online Bureau | Apr 1, 2025 | Data, Eco/Invest/Demography, Technology

“In the Financial Year 2024-25, a total of 11,49,334 electric two-wheelers (e-2W) were sold, reflecting a 21 per cent increase compared to 9,48,561 units sold in FY 2023-24. Similarly, the sales of electric three-wheelers e-3W (L5) reached 1,59,235 units in FY...
No specific prohibition on use of AI-based tools by govt depts Union minister Jitendra Singh

No specific prohibition on use of AI-based tools by govt depts Union minister Jitendra Singh

by AIP Online Bureau | Mar 27, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology

However, government functionaries are expected to exercise due diligence and caution to ensure safety, security and confidentiality of public information while using any digital technology or platform, Union minister Jitendra Singh said in a written reply to the Rajya...
Govt discontinues parts of gold deposit scheme amid rising prices

Govt discontinues parts of gold deposit scheme amid rising prices

by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Indian News, Policy

The move is likely to reduce the government’s future obligations and minimise risks related to gold prices. While banks paid the interest on the short-term deposits, the government paid it for the medium- and long-term ones. Banks can continue to offer...
Insurers demand longer term assets to fund Govt’s Rs29.7 lakh crore debt pile

Insurers demand longer term assets to fund Govt’s Rs29.7 lakh crore debt pile

by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

The finance ministry has set a record target of Rs 2.5 trillion of debt to be swapped for the fiscal year starting April 1. With the insurance sector expanding at 12%-13% annually, the goal is within reach, according to Vidya Iyer, head of fixed income at ICICI...
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