Bima Sugam insurance platform

Bima Sugam: Digital Insurance Ecosystem in India Promoting Financial Inclusion

Bima Sugam: A Step Towards a Digital Insurance Ecosystem The Indian government has introduced a new initiative, Bima Sugam, which aims to streamline the insurance sector and create a more efficient and transparent digital ecosystem. This platform is designed to bring together insurance companies, distributors, and customers under one unified system, simplifying the buying and…

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Fastest growing economy G20 2024

Fastest Growing Economy in G20: India’s 7% GDP Growth Tops the Chart in 2024

India’s 7% GDP Growth Tops G20 Chart – A Closer Look at the Fastest Growing Economy India has emerged as the fastest-growing economy in the G20 group of nations, achieving an impressive 7% GDP growth. This robust economic performance surpasses other major economies and signals India’s potential as a global economic powerhouse. In the context…

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Affordable health insurance in India

Galaxy Promise: Affordable Health Insurance to Tackle Rising Healthcare Costs in India

Galaxy Health Insurance Launches Galaxy Promise to Tackle Rising Healthcare Costs In a move aimed at addressing the growing concerns around rising healthcare costs, Galaxy Health Insurance has launched a new health insurance plan, Galaxy Promise. The product promises to provide comprehensive coverage at affordable premiums, ensuring that families have access to quality healthcare without…

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Moody’s economic outlook India

India Economic Growth Forecast 2024: Moody’s Optimistic Outlook Amid Global Volatility

Moody’s Optimistic About India’s Economic Growth Despite Volatility Overview of Moody’s Economic Outlook on India Moody’s Investors Service, a leading global credit rating agency, has shown an optimistic outlook for India’s economic growth despite the ongoing global financial volatility. Moody’s predicts that India’s economy will continue to grow at a robust pace, driven by strong…

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WPI inflation rise October 2024 India

WPI Inflation Surges to 2.36% in October 2024 | Impact on Economy and Government Measures

WPI Inflation Soars to 4-Month High of 2.36% in October Amid Surge in Food Prices Introduction The Wholesale Price Index (WPI) inflation in India surged to a four-month high of 2.36% in October 2024, primarily driven by a sharp increase in food prices. This inflationary pressure, which measures the average change in prices of goods…

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India outward FDI growth October 2024

India Outward FDI Hits $3.7 Billion in October 2024: A Step Toward Global Economic Dominance

India’s Outward FDI Hits $3.7 Billion in October 2024 India’s outward Foreign Direct Investment (FDI) has reached an impressive $3.7 billion in October 2024. This marks a significant milestone in the country’s growing influence in global markets. The FDI inflow reflects the confidence that Indian businesses have in expanding their footprint across the globe, particularly…

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IFC investment in Bajaj Finance for climate

IFC Investment in Bajaj Finance for Climate Action and Women Empowerment – $400 Million Support

IFC Invests $400 Million in Bajaj Finance for Climate and Women Empowerment The International Finance Corporation (IFC), part of the World Bank Group, has committed an investment of $400 million into Bajaj Finance, one of India’s leading non-banking financial companies (NBFCs). This investment aims to bolster Bajaj Finance’s efforts in supporting climate-related projects and promoting…

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SEBI reforms for REITs

SEBI Proposes Reforms for REITs and InvITs to Enhance Investor Protection

SEBI Proposes Reforms to Enhance Flexibility and Protection for REITs and InvITs In a significant move to bolster the real estate investment trust (REIT) and infrastructure investment trust (InvIT) sectors, the Securities and Exchange Board of India (SEBI) has proposed a series of reforms aimed at enhancing flexibility and providing better protection for investors. These…

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SEBI securitisation rules 2024

SEBI’s New Securitisation Rules: Enhancing Investor Protection in April 2024

SEBI’s New Securitisation Rules: Key Investor Safeguards The Securities and Exchange Board of India (SEBI) has introduced new rules governing securitisation that aim to bolster investor protection and enhance the overall transparency of the market. These regulations, effective from April 2024, come as a critical response to the increasing complexities in the securitisation space and…

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