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...
by AIP Online Bureau | Apr 1, 2025 | Eco/Invest/Demography, Health, Intermediaries, Technology
“Available evidence suggests the threat actor illegally accessed the environment by using stolen customer credentials,” the company said in the notice. Oracle said it became aware of the breach around Feb. 20 Hackers broke into Oracle Corp.’s computer systems...
by AIP Online Bureau | Apr 1, 2025 | International News, Technology
Elon Musk A Manhattan federal judge on last Friday said investors can move forward with claims that Musk committed securities fraud by failing to make timely disclosures to the US Securities and Exchange Commission, posting “misleading tweets about Twitter’s future”...
by AIP Online Bureau | Apr 1, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Risk Management
Japan is one of the world’s most earthquake-prone countries, and the government sees about an 80% chance of a magnitude 8 to 9 earthquake along a tremulous seabed zone known as the Nankai Trough. TOKYO: Japan’s economy could lose as much as $1.81 trillion...
by AIP Online Bureau | Apr 1, 2025 | Data, Non-Life
Among the top performers, Maruti Suzuki, Mahindra & Mahindra, and Kia India showcased impressive growth in their SUV sales. New Delhi: The Indian automakers on Tuesday reported strong sales figures for the month of March, particularly in the SUV segment, driven by...
by AIP Online Bureau | Apr 1, 2025 | Data, Eco/Invest/Demography, Technology, Wealth Management/ Philanthropy
The initiative will reduce unclaimed assets in the Indian securities market and enhance investor protection. New Delhi: Investors can store and access their demat account statements and mutual fund holdings through DigiLocker beginning April 1. The initiative will...
by AIP Online Bureau | Apr 1, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
“Indian equities faced sharp declines on the first trading session of FY26, with the Nifty tumbling 1.5 per cent to close at 23,165, amid heightened concerns over US President Trump’s reciprocal tariff plans, which take effect from April 2nd,”...
by AIP Online Bureau | Apr 1, 2025 | Health, Indian News, Life, Non-Life
LIC is reportedly in the final stages of acquiring a significant minority stake in ManipalCigna Health Insurance, a standalone health insurer. The deal, valued at Rs 3,500-3,700 crore, would see LIC owning 40-49 per cent of ManipalCigna, which is currently owned by...
by AIP Online Bureau | Apr 1, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation, Reinsurance
GIC Re and Foreign Reinsurance Branches (FRBs) and IIO reinsurers in GIFT-IFSC came in strong support of the market at Apr 1 renewals “Yes, we did write more business than last year. Generally, we found the market to be soft with rates either below or same as...
by AIP Online Bureau | Mar 31, 2025 | Health, Indian News, Non-Life
The full bench was hearing an appeal filed by the New India Assurance Co Ltd against a judgment of the Motor Accident Claims Tribunal awarding monetary compensation up and above the medical expenses. The insurance company claimed medical expenses were also covered...
