Capital markets regulator SEBI on Wednesday barred Rajesh Exports...
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CEOs quitting general insurance companies to pursue entrepreneurial ventures
"Private equity firms recognise that capital alone cannot unlock...
Global insurance market expected to continue shifting eastward over next decade: Allianz
Overall, the global insurance market is expected to grow at an...
Govt may hike FDI limit in pension sector; Bill likely in Monsoon Session
Amendment to Pension Fund Regulatory and Development Authority (PFRDA) Act, 2013 seeking to raise the FDI limit in the pension sector may come in the Monsoon Session or Winter Session depending on various approvals, sources said. Currently, the FDI in pension fund is...
SC issues pan-India directions for road safety, says expressways should not become corridor of peril
"The loss of even a single life to avoidable hazards like illegal parking or blackspots etc., represents a failure of the State's protective umbrella. The 'Right to Life' enshrined under Article 21 of the Constitution of India is not merely a guarantee against the...
Some tankers cross Strait of Hormuz before shots fired, ship-tracking data shows
U.S. President Donald Trump said on Friday Iran had agreed to open the strait, while Iranian officials said they wanted the U.S. to fully lift its blockade of Iranian tankers.Western shipping companies cautiously welcomed the announcements but said more clarity was...
US renews sanctions waiver for purchase of Russian oil
Earlier, the US had granted an exemption from sanctions to India for buying Russian oil for a month beginning March 5. A few days later, a similar waiver was extended to several other countries, which ended on April 11. Washington:The United States has extended by a...
Govt says El Nino threat to agri sector manageable due to better irrigation and reserves
Shivraj Singh Chouhan,Union Agriculture Minister India has expanded micro-irrigation networks, introduced climate-resilient seed varieties and strengthened early-warning systems - changes the government said have materially reduced the sector's vulnerability. New...
Govt approves Rs950 cr BMI Pool along with Rs12,980 cr Sovereign Maritime Fund,to support Indian linked vessels at affordable cost
Earlier, looking beyond the ongoing West Asia crisis, which has severely paralysed global maritime trade and as a permanent measure,the Government and the Indian general insurers, led by state owned GIC Re, New India Assurance(NIA) and other general insurers, have...
Women financially active but lack tailored advice, reveals HSBC report
The report explains that financial fluency goes beyond basic education and requires adaptable planning aligned with different life stages. It noted that static financial advice often fails to address dynamic needs such as career changes, caregiving responsibilities,...
Iran says Hormuz ‘completely open’ for duration of ceasefire,Shipping companies remain cautiously
“In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” Foreign Minister Seyed Abbas Araghchi said in a social media post Trump said that the Naval...
Global Cat Report:Q1 of 2026 records $37 bn of economic losses and $20 billion of insured losses
The report highlights Q1 economic losses of at least $37 billion (Q1 2025: $113 billion) –the lowest since 2015 and 43 percent below the 21st century Q1 average – and insured losses of more than $20 billion, six percent higher than the 21st century average. Flooding...
Global GDP to rise by USD 56 trillion in next 5 years driven by AI, quantum computing and other technologies: WEF
The report flagged several risks that could act as headwinds, including rising debt levels, societal polarisation, and the impact of climate change New Delhi:The global economy is expected to expand significantly over the next five years, with global GDP projected to...