The industry continued to benefit from the tailwinds of GST 2.0...
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Amit Shah to launch mobile-based disaster communication systems on May 2
The system has been extensively utilized by disaster management...
India’s logistics cost to drop to 9 pc over robust road infra: Nitin Gadkari
Union Minister of Road Transport and Highways, Nitin Gadkari The...
FPIs continue to invest; inject Rs 14,167 cr in equities in May
Going ahead, global macros (declining dollar, slowing US and Chinese economy) and domestic macros (high GDP growth and declining inflation and interest rates) will facilitate increasing FPI inflow into the Indian equity, VK Vijayakumar, Chief Investment Strategist,...
Fragile ceasefire holds between India, Pakistan as Trump offers more help
Late on Saturday, India said Pakistan had violated the understanding arrived to stop firing and that the Indian armed forces had been instructed to "deal strongly" with any repetition AMRITSAR, India/ MUZAFFARABAD: A fragile ceasefire was holding between India and...
Govt to hold pre-emption right over oil, gas in national emergency: Draft rules
A pre-emption right (or preemptive right) is the legal right of a party - often a government or existing shareholder - to purchase or claim a product, asset, or resource before it is offered to others. New Delhi: The government will hold pre-emption rights over all...
Operation Sindoor: Trump announces a full and immediate ceasefire between India and Pakistan
Trump said: “After a long night of talks mediated by the United States I am pleased to announce that India and Pakistan have agreed to a full and immediate ceasefire. Both India and Pakistan government officials said both countries have agreed to a ceasefire "with...
Future terror acts to be considered an “act of war” against India
With this decision, the government headed by Prime Minister Narendra Modi seeks to draw red lines against terror incidents and makes clear its intention to firmly respond to the perpetrators and conspirators, in what is seen as a message to Pakistan -- a country...
Seafarers stranded off Yemen port eye exit after US-Houthi ceasefire deal
Still, threat levels for shipping remained high given the Houthis' confirmation that Israeli-related assets remained open to attack and the attendant risks to broader shipping, maritime officials said. Ships with no connection to Israel had been targeted in the past...
Trade War: Container liners sever US-China shipping routes across the Pacific
As a result, fees are plunging. The cost of shipping a 40-foot box from Shanghai to Los Angeles — port nodes on either side of the Pacific — hit the lowest since 2023 in late March, according to the data from Drewry Shipping Consultants, a maritime advisory firm. A...
32 airports shut till May 15 as tensions escalate between India-Pakistan
All civil flight activities at these airports will remain suspended during this period. The Airports Authority of India (AAI) has also extended the temporary closure of 25 segments of Air Traffic Service (ATS) routes within the Delhi and Mumbai Flight Information...
Emirate royal family’s International Holding Co and Black Rock Inc float a $ 1 billion reinsurance co
The new firm will make use of AI as a core part of the strategy, enhancing underwriting capabilities by improving the quality and speed of risk assessments. International Holding Co., Abu Dhabi’s largest listed company that’s overseen by a key member of the emirate’s...
Re/insurers invoke force majeure, not to pay travel claims triggered by airport shutdown and flight cancellation
``Most of our travel policies have an exclusion that doesn’t cover situations arising due to acts of any public authority like governments forcing airports to shut down,’’ said a senior official of New India Assurance Mumbai: With major escalation of Indo-Pak tension...