Bolstered by a robust global market rally, Indian equities saw strong buying interest, pushing the sensex up by 820 points to 79,706, and Nifty up […]
Year: 2024
In a 1st, motor insurance share drops below 30%
The share of motor insurance in non-life industry premiums dropped below 30% for the first time, while health cover premiums surged ahead. Up to June-end, […]
India sees fastest growth in intangible investment
India experienced the fastest growth in intangible investments from 2011 to 2020, outpacing major economies. By 2020, it ranked 14th in absolute levels, behind Denmark […]
At 23,000 crore, monthly SIP flows hit new peak in July
In July, Mumbai’s equity markets hit new highs, boosting retail investors’ confidence in mutual funds, as SIP contributions soared to a record Rs 23,332 crore. […]
Ola Electrifies Dalal St with 20% jump on debut
Ola Electric Mobility shares saw a significant surge on their debut, closing with a 20% gain at Rs 91. The Rs 6,146-crore IPO was the […]
Mosquitoes bite into health insurance claims
A study by Policybazaar revealed that nearly a third of health insurance claims are due to seasonal infectious diseases like dengue, malaria, gastroenteritis, and influenza. […]
Bill introduced to allow up to 4 nominees in bank a/c
The Indian government introduced a bill to amend banking laws, aiming to streamline nomination facilities and maintain a majority stake in public sector banks. Proposed […]
New India-centric report on the way? ‘Something big soon’, says US Short Seller Hindenburg
Hindenburg Research, a US-based firm, hinted at a new report on India, following its 2023 claims against the Adani Group. The prior allegations of financial […]
Record-breaking wildfires scorch more than 1.4 million acres in Oregon, authorities say
Blazes have scorched more than 1.4 million acres, or nearly 2,200 square miles (5,700 square kilometers), Northwest Interagency Coordination Center spokesperson Carol Connolly said. That’s […]