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Amazon not seller but a platform: Court quashes notice against its directors over sale of abortion pills
Kandula Raghava Rao and Noorulamin Mohammed Saheb, directors of...
Citi, StanChart evacuate Dubai offices, HSBC closes Qatar branches as fears grow
The moves came after a spokesperson for Tehran's Khatam al-Anbiya...
MoS Finance says 15 cr PM Jan Dhan accounts are inoperative
"The data regarding number of inoperative accounts vis-a-vis women, rural and semi-urban areas that are closed under the Pradhan Mantri Jan Dhan Yojana (PMJDY), is not centrally maintained. However, there are about 15.09 crore inoperative PMJDY accounts out of the...
BNP Paribas to pay $3.5 billion for increasing its stake in Ageas to 22.5% from 14.9%
The deal involves France’s biggest bank selling its 25% stake in AG Insurance to Ageas for 1.9 billion euros while simultaneously investing 1.1 billion euros into Ageas through its insurance subsidiary BNP Paribas Cardif, based on an agreed price of 60 euros per...
MF equity investments double in November to Rs 43,465 crore
The strong domestic investment trend comes at a time when the industry has already been witnessing robust participation from retail investors through systematic investment plans (SIPs). Mumbai: Mutual funds sharply increased their equity purchases in November, riding...
Automobile retail sales sustain momentum in Nov as demand remains robust
"GST rate cuts coupled with OEM-dealer retail offers continued pulling customers to showrooms, enabling sustained footfalls beyond the festive period. Price reductions across categories, which ignited strong buying in October, continued to support conversions in...
EMEA insurance sector in 2026 to have stable operational and business conditions, says Fitch Ratings
Some pricing and competitive pressures will arise, alongside weak economic growth and volatile financial markets, but robust underwriting and new business generation, high reinvestment yields, and strong capitalisation will support insurers. Stockholm/Paris/London:...
Nearly 24 lakh households have adopted rooftop solar as of December 2025 under PM Surya Ghar
Over the past decade, India has seen a sharp rise in solar installations, helping double the country's total electricity capacity. Solar power now stands at 129 GW, while the overall non-fossil capacity has crossed 259 GW as of October 2025. This means more than half...
Jan Dhan accounts now hold Rs 2.75 lakh crore
M. Nagaraju, Secretary, Department of Financial Services. About 78.2 per cent of these accounts are located in rural or semi-urban areas, while women hold around 50 per cent of them New Delhi: India’s financial inclusion drive has reached a major milestone, with Jan...
Swiss Re open to inorganic opportunities,says CEO Berger
“We are open to inorganic opportunities,” Swiss Re CEO Andreas Berger told analysts at its investor day. “I’d like to keep some powder dry.” Zurich: Swiss Re shares dropped 7.5% on Friday after the world’s second-largest reinsurer announced a new profit target that...
GST Cut Impact: General insurance industry premium surges 25% to Rs 26,900 crore in Nov
``Strong rebound in automobile sales and improving consumer confidence following the GST rationalisation in the sector, has provided another leg to overall growth. As both health and motor lines, two top portfolios in the industry, are expected to grow at a healthy...
Deadly floods’ $20 billion toll shows Asia’s rising climate risk
“Climate change is undeniably fueling more severe flooding in Southeast Asia,” said Davide Faranda, research director in climate physics at the French National Center for Scientific Research who led a study on Vietnam’s November floods Devastating floods have killed...