There were no injuries, and all personnel at the terminal remain...
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Qatar declares force majeure, gas supplies to Indian industry cut amid Iranian strikes
The attacks have also effectively brought oil and LNG shipments...
Indian Accounting Standards (Ind AS): IRDAI issues exposure draft,to implement new accounting system for industry from Apr 1
The proposed amendments aim to promote greater consistency,...
Budget 2026–27:Interest awarded by MACT to a natural person exempted from income tax
The tax holiday period on business income earned by a unit in International Financial Services Centre has been increased from 10 to 20 years (out of a block of 25 years. The FM also proposed to set up five hubs for medical tourism and a Rs 10,000-crore outlay for...
Level playing field for savings instruments necessary: SBI Chairman on Budget expectations
CS Setty,Chairman,State Bank of India On the long‑standing demand for parity between bank deposits and other financial instruments, the SBI Chairman said fiscal realities make preferential treatment for deposits difficult despite the need for a level playing field...
New India’s net profit rises almost 6% to Rs372 crore in 3rd quarter
Girija Subramanian, CMD,NIA said,``Our domestic gross direct premium growth significantly outpaced the industry average, resulting in our market share improving to 13.4 per cent, compared to 12.8 per cent in the corresponding previous year. While the incurred claim...
AI171 crash probe: AAIB assessing various aspects; nothing has been ruled out, says source
All aspects related to technical, operational, organisational and human factors are being looked into, and it is a very complex process. Certain components of the aircraft are also being examined by AAIB, the source said New Delhi: The Aircraft Accident Investigation...
EC work: LIC field workers move HC for protection of their service conditions
Petitioner National Federation of Insurance Field Workers of India, through their lawyer, stated before the court of Justice Krishna Rao that they apprehend that their service in the company will be affected if they are engaged in election-related work. The court said...
India’s vast internet, social media apps market
Alphabet and Meta do not officially disclose country-specific figures, but DataReportal pegs YouTube users in India at 500 million, Facebook 403 million, Instagram at 481 million, and Snapchat at 213 million. Bengaluru:India is one of the most critical growth markets...
WHO sees low risk of Nipah virus spreading beyond India
"The WHO considers the risk of further spread of infection from these two cases is low," the agency told Reuters in an email on Friday, adding that India had the capacity to contain such outbreaks.There is no evidence yet of increased human to human transmission,''...
IRDAI’s Reinsurance Advisory Committe reconstituted with A.V. Girija Kumar as chairman
The other members of the committee are- T. L. Alamelu,former, member, IRDAI, Praveen Vashishta,former CEO & MD at Howden Insurance Brokers India, Roopam Asthana,former CEO at Liberty General Insurance Hyderabad:The Indian insurance regulator IRDAI has...
Insurance sector remains constrained by a high-cost distribution model inflating protection cost:Economic Survey
Nirmala Sitharaman Union Minister for Finance and Corporate Affairs The insurance sector stands at a pivotal juncture, as it remains constrained by a ‘low-penetration, high-cost’ equilibrium driven by a high-cost distribution model that has inflated the cost of...
India’s economy projected to grow at 6.8 to 7.2 pc in FY27: Economic Survey
The growth projection has taken into consideration the cumulative impact of policy reforms over recent years that appear to have lifted the economy’s medium-term growth potential closer to 7 per cent New Delhi: The Economic Survey on Thursday projected the GDP growth...