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Sharp selloff hits Indian stock market, investors lose Rs 8 lakh crore

by AIP Online Bureau | Jul 20, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Due to the fall in the market, the market cap of the Bombay Stock Exchange (BSE) declined to Rs 446.3 lakh crore at the end of trading, against Rs 454.3 lakh crore at the end of the previous trading session Mumbai: The Indian equity market witnessed a sharp selloff on...

India working with Microsoft to help impacted entities: IT Minister Ashwini Vaishnaw

by AIP Online Bureau | Jul 19, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology

Millions of Microsoft Windows users experienced the “Blue Screen of Death” error that caused their computers to shut down or restart.The government has also issued an advisory on the outage of Microsoft Windows owing to the CrowdStrike agent ‘Falcon...

IMF raises India’s GDP growth forecast to 7 pc for 2024-25

by AIP Online Bureau | Jul 16, 2024 | Eco/Invest/Demography, Indian News, Policy

“The forecast for growth in India has also been revised upward, to 7 per cent, this year, with the change reflecting carryover from upward revisions to growth in 2023 and improved prospects for private consumption, particularly in rural areas,” the IMF...
India can become world’s 2nd largest economy by 2031: RBI deputy guv

India can become world’s 2nd largest economy by 2031: RBI deputy guv

by AIP Online Bureau | Jul 12, 2024 | Eco/Invest/Demography, Indian News

Michael D Patra,Deputy Governor,RBI “These gains need to be reflected in per capita income with two milestones – a per capita income level of USD 4516-14,005 to reach middle income country status, and beyond that level to attain the position of a developed...

India’s score on SDG index shoots up as poverty level dips, economy grows

by AIP Online Bureau | Jul 12, 2024 | Eco/Invest/Demography, Health, Indian News

Between 2018 and 2023-24, the fastest moving States are Uttar Pradesh (increase in score by 25), followed by J&K (21), Uttarakhand (19), Sikkim (18), Haryana (17), Assam, Tripura and Punjab (16 each), Madhya Pradesh and Odisha (15 each), the report states New...
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