Swiss Re has forecast that total insurance premiums in India will grow by 7.1 per cent in real terms, well above the global (2.4 per cent ), emerging market (5.1 per cent ) and advanced market (1.7 per cent ) over the next five years (2024-28)
The headline inflation stood at 4.7 per cent in April.
Russia is now India’s largest source of crude as Moscow accounted for over 35 per cent of New Delhi’s oil imports so far in 2023.
This comes as the 164-member World Trade Organization (WTO) is set to gather next month in Abu Dhabi for the 13th ministerial conference (MC) to resolve different issues such as reforms in dispute settlement mechanisms, agriculture-related matters among other key issues.
As developer China Evergrande Group lurched from one crisis to another over the past two years, Beijing avoided directly intervening to rescue what was not too long ago considered one of the country’s “too big to fail” enterprises.
The government will shortlist candidates for the data protection board in the coming days, MoS IT Rajeev Chandrasekhar told The Indian Express on Wednesday
In the intraday session, Sensex touched a low of 64,878.77, down 633 points, and Nifty fell to 19,333.60, down 195 points.
Improved corporate profitability, private capital formation, bank credit growth and construction sector activity are the “bright spots”, it said.
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Brent crude futures, the global oil benchmark, rose 0.73 per cent to USD 81.20 per barrel.