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Liberty Mutual increases stake in Liberty General Insurance to 74% in India
Matthew Jackson, president, Liberty International Insurance APAC,...
Climate Adaptation & Resilience in Asia: Pricing Risk,Financing Solutions
By 2030, Asia will account for around 75% of the global climate...
Sales of electric cars surge in June Shriram mobility report
Sales of electric motor cars in June 2025 grew to 9,804 units up by 1,267 per cent from just 717 units sold in June 2024.On a monthly basis, sales of electric motor cars marginally went up by 1 per cent to 9,804 units from 9,693 units sold in May 2025, the study...
FPIs invest Rs 14, 590 cr in Jun early July sees withdrawal
"FPIs exhibited a cautious yet improving stance in June 2025, beginning the month with notable outflows from the equity markets driven by elevated US bond yields, trade tensions, overvalued Indian stocks and deteriorating geopolitical environment," Himanshu...
Navigating value shift: Indian businesses can unlock $9.82 trillion in economic activity by 2035, says PwC report
The PwC India’s report, ‘Navigating the value shift’, said mega trends such as climate change, demographic shifts and technological disruptions are creating new avenues for value creation that transcend traditional industry boundaries New Delhi: As the global economic...
Number of poor rising wealth getting concentrated in hands of some rich, says Gadkari
Nitin Gadkari, Road Transport and Highways Minister "Slowly the number of poor people is increasing and wealth is getting centralised in the hands of some wealthy people. It should not happen," the Road Transport and Highways Minister said Mumbai: Union minister Nitin...
India ranks among top world’s most equal societies, says World Bank report
The Gini Index, a key measure of income distribution where 0 represents perfect equality and 100 denotes maximum inequality, places India ahead of advanced economies, including China (35.7), the United States (41.8), and all G7 and G20 countries. India's score has...
India’s first weather derivative aims to protect farmers from weather volatility
Mrutyunjay Mohapatra, Director General, India Meteorological Department "On the real-time rainfall, they can find out whether it is as per the climatological trend or there is a deviation… Accordingly, there could be some decisions concerning agriculture as well as...
State finance ministers’ panel discusses ways to curb ITC frauds sector-specific tax evasion
As per data on ITC frauds unearthed by central and state GST officers, over the two years 2023-24 and 2024-25, a total of 42,140 fake firms were detected, which were involved in fraudulently generating ITC of over Rs 1.01 lakh crore. New Delhi: A panel of state...
India holds 3rd rank globally in fintech startup funding with $889 million in Jan-June
“While the Indian FinTech sector has seen a temporary dip in funding, the steady momentum in early-stage investments and growing acquisition activity indicate that investor interest remains strong, particularly in scalable, innovation-led models,” said Neha Singh,...
UAE becomes world’s third-largest holder of sovereign wealth and public pension assets
This places the UAE behind only the United States, which tops the list with USD 12.12 trillion, and China, with USD 3.36 trillion, making it the largest holder of sovereign-owned investor (SOI) assets in the Middle East. The United Arab Emirates now ranks third...
Contractual employees entitled to maternity leave: Orissa HC
Rejecting the state government’s contention that only regular women civil servants qualify for maternity leave, the court observed: "Women employees for the purpose ofavailing such benefit do constitute one homogenous class and their artificial bifurcation founded on...