“The extent to which capital markets and economies have become...
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IRDAI grants license to ProTec General Insurance, approves key reforms
To further strengthen policyholder protection, the IRDAI has also...
India’s growth momentum remains strong despite global challenges: FinMin report
The report observed that India will need to continuously adapt to...
Airports, hotel hit in overnight Iranian strikes in UAE, missiles and drones intercepted
"The Ministry stated that, since the beginning of the attack, 137 Iranian ballistic missiles launched towards the UAE had been detected, of which 132 were destroyed, while five fell into the sea. A total of 209 Iranian drones were also detected; 195 were intercepted,...
Middle East Crisis: 444 flights expected to be cancelled on March 1, Flight disruptions hit passengers across India
“Passenger assistance, airline coordination, and terminal crowd management are being closely monitored, with senior officials deployed on the ground,” said the aviation regulator. New Delhi/Mumbai:After a massive disruption due to airspace closures across Iran and...
West Asia Crisis:Oil, gas tankers avoid Strait of Hormuz as tensions intensify
Tracking data shows some tankers turning around, and at least one shipowner decided not to send its vessel into the strait as a result of the broadcast. Some vessels continue to pass through though — seven ships were seen exiting Hormuz while six were entering after...
Middle East conflict: Exporters fear rise in logistics, insurance costs, impact on shipments
"Air routes are being altered, and maritime trade through the Red Sea and key Gulf straits faces heightened uncertainty. If diversions become prolonged, shipments may increasingly have to reroute via the Cape of Good Hope, adding an estimated 15â20 days to transit...
West Asia crisis: Except for far-east, all international flights from Indian airports cancelled
The DGCA on Saturday advised airlines to avoid airspaces of 11 countries, including Iran, Saudi Arabia, UAE, till March 2. New Delhi/ Mumbai:Except for far-east, all international flights from Indian airports cancelled due to West Asia crisis. All international...
US and Israel launch military attack against Iran, could last days
The attack pushes the Middle East into a renewed military confrontation and further dims hopes for a diplomatic solution to Tehran's long-running nuclear dispute with the West. U.S. and Isreal have launched military strikes against Iran on Saturday plunging the Middle...
U.S. advises Israel embassy staff to leave now as ME war risk looms
Australia on Wednesday "directed the departure of all dependents of Australian officials posted to Israel in response to the deteriorating security situation in the Middle East." India and several European countries with missions in Iran advised citizens to avoid...
Climate multilateralism a matter of survival for us: Maldives Minister Muaviyath Mohmed
"For Maldives, multilateralism is not an abstract ideal, but a matter of survival. It is a low-lying country, with more than 99 per cent of the territory comprising oceans. The sea levels could rise by a metre by the end of this century, which can have economic and...
India’s economic growth slips to 7.8%, but still leads major nations, to cross USD 4 trn mark: CEA
``…we are improving our GDP growth outlook for FY27 from 6.8 to 7.2 previously to 7 to 7.4 per cent under the new series…the economy is more likely to achieve a number closer to 7.4 per cent rather than 7 per cent," Chief Economic Advisor V Anantha Nageswaran said...
Stock market crash wipes out Rs 4.98 lakh cr from investors’ wealth
Elevated volatility, geopolitical concerns, and cautious positioning ahead of key macroeconomic triggers kept investors defensive. The prevailing mood was clearly risk-off, with near-term direction likely to hinge on global developments, foreign fund flows, and...