Piyush Goyal,Union Commerce and Industry Minister The new law...
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Hormuz shuttles keep oil flowing, but at a high cost
Ship-to-ship (STS) transfers have become a vital lifeline for Gulf...
Soaring cost making some long-distance crude trades uneconomical
But for oil traders, the risk is that shipping becoming...
Flood water level rises again in Bhotekoshi river: Nepal authorities
Death toll from the flash floods, which caused widespread devastation, has surged to nearly 700 and nearly 2,400 people remain missing following the disaster, according to authorities.. The impoverished Himalayan nation of 30 million people called for specialist...
HDFC Bank CEO Jagdishan resigns amid governance concerns
Sashidhar Jagdishan, MD &CEO, HDFC Bank The issue of Jagdishan's reappointment has been a subject of intense speculation, especially after the surprising resignation of non-executive chairman Atanu Chakraborty in March this year, citing concerns on ethics and...
MGA Framework: A new building block for GIFT City’s global insurance ambition
Going forward, the IFSCA should consider developing a separate regulatory framework for reinsurance MGAs, with distinct eligibility, capital adequacy, and business arrangement norms. More detailed guidance on fit-and-proper standards — particularly for principal...
Insuring India’s New Economy: Data Centres, Warehouses and Logistics Parks
Insurers see huge growth potential, but these sectors bring serious risk complexities as well. Underwriters can no longer rely solely on standard construction, occupancy, fire protection and natural disaster exposure. They must look much closer at operational...
Foreign BFSI firms setting up more GCCs; rent highest 7.32 mn sq ft office space in H1: Knight Frank
During January-June 2026, the BFSI sector contributed 36 per cent of the overall leasing of 20.6 million sq ft for GCCs across the leading eight cities.The eight cities are -- Mumbai, Delhi-NCR, Bengaluru, Pune, Hyderabad, Chennai, Ahmedabad and Kolkata. New Delhi:...
SC to hear plea seeking mandatory disclosure of ethanol content in petrol on Aug 31
The plea said the committee should also submit a report on the impact on fuel efficiency, engine longevity and maintenance costs, warranty and insurance implications, the net environmental footprint, including tail-pipe emissions and water consumption associated with...
FSSAI proposes to roll out front-of-pack red warning on food, drinks high on sugar, salt, or fat
The submission was made in the Supreme Court as it is hearing petitions from health activists calling for the introduction of warning labels on the lines of Western countries. The Supreme Court had told the FSSAI at a hearing earlier this month to expedite the...
Meta’s social media settlement leaves its money machine unscathed
Beyond a wave of lawsuits globally claiming it knowingly sought to addict children and caused a mental health crisis, Meta has also been under scrutiny over sexualized AI chatbot interactions with children. The legal threats, long shrugged off by shareholders, drew...
China says flash flood disaster caused by high-altitude glacier collapse in Nepal
Scientists are examining how a possible glacial collapse and ice-rock avalanche may have triggered the devastating flash floods along Nepal's Bhotekoshi River, with preliminary assessments indicating that debris may have temporarily blocked the Lhende River and...
Govt achieves 78% of FY27 divestment, asset monetisation Budget target in Apr-Aug
A strategic sale in IDBI Bank is on the table. After a failed attempt earlier this year to sell it, the government has received revised bids from Dubai-based Emirates NDB and Prem Watsa-led Fairfax Financial Holdings. New Delhi: The government has achieved about 78...