"Another day of Carnage witnessed on D-Street. Uncertainty looms...
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Indian re/insurers to impement Indian Accounting Standards (Ind AS) from April 1, can avail forbearance for 1-yr:IRDAI
To facilitate smooth transition, for insurers facing challenges in...
Govt weighs options to shield airlines from West Asia crisis
Indian airlines' operational costs are spiralling due to surging...
Ausatralian QBE to take full control of its Indian JV, buys out 51% stake from Prism Johnson for Rs 324 Cr
This is the first deal by any foreign insurer to have a 100 per cent venture in India after the new act,The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025,was enacted by the Indian parliament in December, 2025, allowing 100 per cent foreign direct...
Middle East Crisis: Govt engages with all stakeholders to ensure trade continuity amid geopolitical unrest
The Centre reiterated its readiness to facilitate trade operations, including procedural flexibility in export-related authorisations in cases of genuine disruption; coordination with Customs authorities to ensure smooth clearance; engagement with financial and...
Rising tensions in Middle East may impact trade, push up freight, insurance costs
``The disruption in the Strait of Hormuz threatens a major share of India's crude oil and LNG imports, raising freight costs, insurance premiums, and fuel prices, while a surge in global oil prices could widen the current account deficit and fuel inflation''GTRI...
India braces for hotter-than-normal summer, more heatwave days expected
In March, the first month of the summer season, minimum temperatures are likely to remain above average across most areas, said Mrutyunjay Mohapatra, director-general of the India Meteorological Department (IMD). MUMBAI: India is set to experience a hotter-than-normal...
Govt to meet shipping firms and exporters on Monday to assess impact of Iran tensions on trade
Iran's state media said on February 28 that the Islamic Republic has shut the Strait of Hormuz - one of the world's most critical energy chokepoints through which about a fifth of global oil and gas supplies transit - in response to US and Israeli missile strikes. "We...
Healthcare should be affordable to all; Ayushman Bharat scheme fulfills vision: PM Modi
Prime Minister Narendra Modi PM Modi highlighted the potential of Puducherry to emerge as a major medical tourism hub, pointing out that the region already has nine medical colleges Puducherry:Prime Minister Narendra Modi on Sunday said healthcare should be...
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...
Baramati plane crash: Visibility was below required level when accident happened, says AAIB initial report
In its safety recommendations, AAIB said operators of uncontrolled airfields should allow flying activities only when the prevailing MET (Meteorological) conditions are within the criteria laid down in the relevant regulations New Delhi:Aircraft accident probe agency,...
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...