The additional war risk premium stood at approximately Rs 30,00,000...
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Secret codes and upto 2 million Chinese yuan fees get ships through Iran’s Hormuz tollbooth
People in the shipping industry and government officials with...
Navy ensures security of Indian commercial ships, oil tankers: Defence Minister Rajnath Singh
"There are many sensitive points in the sea where our Navy has...
Generali Global Corporate & Commercial forays into India, to deliver customised insurance solutions to corporates
Rob Leonardi, Regional Officer, Generali Asia, said: “India has been recognised globally as the fastest-growing major economy in recent years and the launch of GC&C India shows how Generali is fully in lockstep with the needs of local businesses. The Indian...
Munich Re promotes Parametric solutions for Cat losses in India
An one day event on ``Disaster Risk Transfer and Financing Solutions for India'', organised by Munich Re, aims to bring together representatives from various Indian states, the insurance industry, government bodies, International organizations experienced in disaster...
Investors lose Rs 9.28 trillion as stock markets fall for 2nd day
"Volatility geared up during the day, driven by a mix of factors such as heightened anticipation around the fiscal budget, concerns about slowing corporate earnings, and uncertainties surrounding the upcoming Federal Open Market Committee (FOMC) meeting," Ameya...
Govt to shelve privatisation plans, pour billions in state-run firms
In 2021, Modi's government announced a major programme to privatise most of India's state-run companies. The plan was so drastic that even in the four sectors that India sees as sensitive, such as telecoms and banking, it wanted to keep only a minimum presence, while...
Uttarakhand becomes first state to implement Uniform Civil Code, CM Dhami launches UCC portal
The UCC came into force as Chief Minister Pushkar Singh Dhami unveiled its notification, released the rules for its implementation and launched a portal created for the mandatory online registration of marriages, divorce and live-in relationships Dehradun: Uttarakhand...
US-based D Gaekwad Developments make competing offer for Religare; Burman confident of success
Following the open offer, Burman's stake in REL would rise to 53.94 per cent, while Digvijay Laxmansinh Gaekwad proposes to pick 55 per cent stake in the company New Delhi: A day ahead of an open offer, Religare Enterprises Ltd (REL), the holding company of Care...
FPIs withdraw $7.44 billion from Indian equity markets in Jan
"The sustained strengthening of the dollar and rise in the US bond yields have been the principal factors driving the FII selling. So long as the dollar index remains above 108 and the 10-year US bond yield remains above 4.5 per cent, the selling is likely to...
Equity MF inflows soar to near Rs 4 lakh cr in 2024
In 2024, the total inflow into equity and equity-oriented schemes stood at Rs 3.94 lakh crore, compared to Rs 1.61 lakh crore in 2023, according to data from the Association of Mutual Funds in India (AMFI).SIPs have become a major contributor to the mutual fund...
Sebi launches digital knowledge repository ‘Dharohar’ on Republic Day
It is designed to cater to a wide audience, including students, investors, researchers, journalists, market participants and the general public offering insights into the market's diverse products, participants, and institutions Mumbai: Capital markets regulator Sebi...
Govt drafts rules for mandatory adoption of Indian Standard Time nationwide
IST shall be the mandatory time reference across all sectors, including commerce, transport, public administration, legal contracts, and financial operations,” as per the draft rule. Key provisions include, prohibition of time references other than IST for official...