by AIP Online Bureau | Jan 1, 2023 | Eco/Invest/Demography, Indian News
Among the highlights of the year, the number of registered investors went up more than 32 per cent year-on-year in 2022. The phenomenon also highlighted the fact despite the prevalent market volatility due to multiple headwinds including rate hikes, faltering economic...
by AIP Online Bureau | Jan 1, 2023 | Data, Eco/Invest/Demography, Policy
While the interest rate for popular PPF and girl child savings scheme Sukanya Samriddhi were retained, rates for deposits up to 5 per cent as well as NSC, senior citizen savings scheme and Kisan Vikas Patra (KVP) where income accruing is taxable have been hiked by up...
by AIP Online Bureau | Jan 1, 2023 | Banking & Bancassurance, Indian News, Policy
According to RBI, a total of 2,271 bank branches were closed in 2020-21, out of which 86 were completely shut, while 2,185 branches were adjusted to another branch Bhopal: Efforts to connect the poorest of the poor with banks are underway throughout the country, so...
by AIP Online Bureau | Jan 1, 2023 | Banking & Bancassurance, Indian News, Life
The bank asked the field functionaries to ensure that the branches conduct need-based selling of insurance products with strict compliance to the Assessment of Suitability and Appropriateness Framework (ASAF) and sourcing of business is undertaken for 100 per cent KYC...
by AIP Online Bureau | Jan 1, 2023 | Eco/Invest/Demography, Indian News, Non-Life
”The industry wholesales in January to December 2022 were just short of 38 lakh units. It was 37.93 lakh units against 30.82 lakh in 2021, which is a growth of 23 per cent,” Maruti Suzuki India Senior Executive Officer, Marketing & Sales Shashank...
by AIP Online Bureau | Jan 1, 2023 | Data
A total of 4,12,432 road accidents occurred in 2021, which claimed 1,53,972 lives while 3,84,448 people were injured New Delhi: A total of 1,997 road accidents occurred in 2021 due to the use of mobile phone by drivers while driving, which claimed 1,040 lives,...
by AIP Online Bureau | Dec 31, 2022 | Eco/Invest/Demography, Health, International News, Pandemic
“Manufacturing and consumption both declined as Covid situation brought relatively big impact to enterprises, personnel on duty and logistics,” the statistics bureau said in a statement accompanying the data release China’s abrupt reversal of its Covid Zero policy...
by AIP Online Bureau | Dec 31, 2022 | Eco/Invest/Demography, Health, Indian News, Pandemic
“Currently, there are 10 different variants of Covid-19 in the country, with the latest being BF.7. The Delta variant of Covid-19 is also around in the country,” a source told ANI. The sudden surge in Covid cases in the United States, China, Brazil and...
by AIP Online Bureau | Dec 31, 2022 | Health, Indian News, Non-Life
Medicines which are priced 50 per cent to 90 per cent less than that of branded versions are sold at the PMBJKs with the product basket comprising 1,759 medicines and 280 surgical devices covering all major therapeutic groups such as cardiovascular, anti-cancers,...
by AIP Online Bureau | Dec 31, 2022 | Eco/Invest/Demography, Health, Non-Life, Pandemic
The scenario echoes the pandemic’s early days, when China was criticized for not releasing key genetic data on the virus until weeks after news of the new illness became public. Keeping up with viral evolution has posed difficult challenges for drugmakers. For...
