The benefits paid on account of surrenders/withdrawals increased by...
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India orders new drug-making standards after overseas deaths
"The manufacturer must assume responsibility for the quality of the...
Govt to bring more products under mandatory quality norm: Goyal
''In future, more products will be brought under the Quality...
Proposed scrappage policy may not revive demand for new CVs: India Ratings
In May 2016, the government had floated a draft Voluntary Vehicle Fleet Modernisation Programme (V-VMP) that proposed to take 28 million decade-old vehicles off the road.
Ratan Tata to invest in Tork Motors
“In the last few years, there has been a sea of changes in the attitude towards electric vehicles. This industry is changing rapidly and I place good value on the sound logic and the approach that the team at Tork Motors has taken,” Tata Sons Chairman Emeritus Ratan Tata said in a statement.
UPL ordered to pay $31 mn to US-based AgroFresh in patent infringement case
A federal jury in Wilmington, Delaware, told UPL and its Decco unit to pay AgroFresh Solutions Inc. $31 million partly for infringing its patent on a technology that keeps apples fresh in storage after harvest. The award was less than a tenth of the $346.2 million AgroFresh had asked for.
IRDAI forms panel to review existing reinsurance norms
The committee will be headed byTR Alamelu, member, nonlife, IRDAI and would suggest amendments to reinsurance, investment, foreign reinsurance branches(FRBs) and Lloyd’s India regulations in the next two months.
India recognises the need for environmentally sustainable development strategy: IMF
“India has introduced a very interesting new instrument, which is a clean environment cess. It’s an excise tax, but it is an excise tax that targets coal production and import. There is a very interesting instrument and it’s one which is very appropriate for India, because India can make a tremendous amount of progress by targeting reductions in energy production using coal,” the top IMF official said.
India’s growth rate to fall to 6%, will recover to 7.2% in 2022: World Bank
“Growth is expected to gradually recover to 6.9 per cent in 2020-21 and 7.2 per cent in 2021-22 as the cycle bottoms-out, rural demand benefits from effects of income support schemes, investment responds to tax incentives and credit growth resumes. However, exports growth is expected to remain modest, as trade wars and slow global growth depresses external demand,” the report said.
FPIs pull out over Rs 6,200 cr in Oct so far as global recession fears loom
New Delhi: Foreign portfolio investors withdrew over Rs 6,200 crore from Indian capital markets in the first two weeks of October, as global recession fears and trade war concerns weighed on sentiments. Foreign investors pulled out a net amount of Rs 4,955.2...
Why strong monsoon rains are not necessarily good news for Indian farmers
While crops in the ground have been damaged by the monsoon, the rains have replenished reservoirs and ground water reserves, which augurs well for India’s rural economy in 2020.
India’s passenger vehicle sales plunge 24% in September
Passenger vehicle sales dropped to 223,317 units in September, the Society of Indian Automobile Manufacturers (SIAM) data showed, while passenger car sales dived 33.4% to 131,281 units.
General Insurance premiums grow 17 % to Rs 96,000 cr in H12019-20
“We have got a very clear plan in place grow our business. Due to certain practices of certain players, it is now difficult to compete in motor insurance business. That’s why, we are concentrating on other segments like marine, hull, aviation, property and engineering which constitute now more than 50 per cent of our portfolios,’’ said Atul Sahai, CMD, NIA.