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Foreign investors pull out Rs 475 crore from Indian markets in first week of July

by AIP Online Bureau | Jul 7, 2019 | Eco/Invest/Demography, Indian News

  Mumbai: Reversing their five-month buying streak, foreign investors withdrew a net sum of Rs 475 crore from the Indian capital markets in the first week of July amid global trade tensions and pre-Budget anticipation.   Prior to this, foreign portfolio...

Massive earthquake hits California, towns survey damage amid 1700 aftershocks

by AIP Online Bureau | Jul 6, 2019 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life

  Los Angeles: Communities in the Mojave Desert tallied damage and made emergency repairs to cracked roads and broken pipes Friday as aftershocks from Southern California's largest earthquake in 20 years kept rumbling.   The town of Ridgecrest, close to...

Govt to earn Rs 25,000 cr from hike in taxes, Rs 12,000 cr from super-rich

by AIP Online Bureau | Jul 6, 2019 | Eco/Invest/Demography, Indian News

  New Delhi: The government will earn a net Rs 25,000 crore from the increase in customs and excise duty on a host of products, including cigarettes, while the surcharge on super-rich would help garner additional income of around Rs 12,000 crore this fiscal on...

Insurers hail “Growth Oriented” Budget 2019-20

by AIP Online Bureau | Jul 5, 2019 | Eco/Invest/Demography, Indian News, Life, Non-Life

  Mumbai: The insurers have hailed the Budget 2019-20 presented by finance minister  Nirmala Siharaman as inclusive seeking to boost infrastructure and foreign investment with a clear focus to make India a $5tn economy in a few years.   The budget has...

FM provides relief for NPS subscribers

by AIP Online Bureau | Jul 5, 2019 | Eco/Invest/Demography, Indian News, Pension & Social Security

  New Delhi: Providing a big relief to the subscribers of National Pension Scheme (NPS), Finance Minister Nirmala Sitharaman in her maiden Budget on Friday announced that the Finance Bill will give effect to the cabinet decision of increasing the limit of...

Budget 2019-20 pushes for electric vehicles

by AIP Online Bureau | Jul 5, 2019 | Eco/Invest/Demography, Non-Life

  New Delhi: Unveiling government's plans for faster adoption of electric vehicles, Finance Minister Nirmala Sitharaman, in the Budget 2019-20 has allocated Rs 10,000 crore for  the Faster Adoption and Manufacturing of Electric Vehicles...

Rs 14,000 crore allocated for Pradhan Mantri Fasal Bima Yojana in 2019-20

by AIP Online Bureau | Jul 5, 2019 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: The Pradhan Mantri Fasal Bima Yojana (PMFBY) at Rs 14,000 crore has received a higher allocation in 2019-20 in the Budget 2019-20.      In 2018-19, the scheme had got an allocation of Rs 12,975 crore.   “The higher...

Health Sector to get Rs.62,398 crore, Rs. 6,400 Crore for Ayushman Bharat

by AIP Online Bureau | Jul 5, 2019 | Eco/Invest/Demography, Health, Indian News, Non-Life

  NEW DELHI: Union Finance Minister Nirmala Sitharaman Friday announced Rs. 62,659.12 crore outlay for the health sector in the 2019-2020 fiscal, the highest in the last two financial years.   The health outlay for this financial year saw an increase of...

Obesity is deadlier than smoking; it can lead to cancer

by AIP Online Bureau | Jul 5, 2019 | Facts, Health, Risk Management

  WASHINGTON D.C:: In a recent study it has been found that people with obesity have a higher chance of suffering from cancer rather than the ones who smoke.    The study was conducted by Cancer Research UK.    According to the study, almost a...

Push for traditional medicine:AYUSH ministry gets Rs 1,939.76 crore

by AIP Online Bureau | Jul 5, 2019 | Health, Indian News

New Delhi: The Modi government''s aim to provide a fillip to traditional alternative medicine reflected in the Union Budget 2019-20 Friday as the AYUSH Ministry saw around 15 per cent hike in budgetary allocation from the last fiscal. An outlay of Rs 1,939.76...
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