The IPO is likely to include a mix of new share issuance and...
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Investigation into AI-171 accident still in progress, clarifies AAIB
The preliminary report released earlier provided factual...
LIC keen on buying stakes in a suitable health insurance company,says CEO Doraiswamy
``We are evaluating various options available in the market, but we...
IMF sees India driving growth in Asia-Pacific region
IMF said that the growth for the Asia Pacific region in 2024 has been revised up marginally by 0.1 percentage point to 4.6 per cent, primarily reflecting the robust performance early in the year. With this, the Asia and Pacific region are expected to contribute...
DIIs hold stock market steady as FIIs sell Rs 113,858 crore worth equity in Oct
Despite the massive FII selling in financials, this sector is resilient since the valuations are fair and every selling is being absorbed by domestic institutional investors (DIIs) and individual investors, particularly high-net-worth individuals (HNIs) Mumbai: The...
SUV sales a bright spot in carmakers’ October dispatches to dealers
Demand for new cars has slowed after two years of surging growth, forcing automakers to moderate sales to dealers and dish out higher discounts as showroom owners grapple with rising levels of unsold cars New Delhi: Some top Indian carmakers reported a surge in sports...
India faces 24.7 pc GDP loss by 2070 due to climate change: ADB report
"India is reported to have the highest number of affected individuals and damage costs, with residential losses being predominant," the report said New Delhi: Climate change under a high-end emissions scenario could lead to a 16.9 per cent loss in GDP by 2070 across...
Domestic institutional investors pour record over Rs1 lakh cr in equities in Oct
DII activity came as the cumulative foreign portfolio investor (FPI) selling in equity through the Indian stock exchanges stood at Rs 102,931 crore (till October 24) So far, the DII investments have been around Rs 4.41 lakh crore, with two more months to go, driven by...
India’s gold demand to hit 4-year low amid price rally: World Gold Council
Gold demand in the world's second-biggest consumer of the precious metal could stand between 700 and 750 metric tons in 2024, the lowest since 2020 and down from last year's 761 tons, Sachin Jain, CEO of WGC's Indian operations, told Reuters. New Delhi: India's gold...
New India turns profitable at Rs 71 crore in Q2FY25
Girija Subramanian, CMD, NIA, said, "It gives me immense satisfaction that the operating metrics have improved, with loss ratio as well as combined ratio being lower than the same period last year with profit after tax showing a 5x increase. While the premium growth...
Ayushman Vaya Vandana Card to provide free hospital treatment to all above 70 years: PM Modi
Data shows that just about 20 per cent are covered by any health insurance with further variation across socio-economic categories, even as the majority of elderly face one or more chronic diseases and with increasing age, the challenges relating to activities of...
Star Health communications focus on leak distribution instead of potential vulnerabilities Telegram
"The more pressing question that remains largely unaddressed is how this sensitive customer data was compromised in the first place. While Star Health has been quick to initiate legal proceedings against Telegram, there has been notably less transparency about the...
IFSCA chief Rajaraman to address 3rd edition of IIA annual event on Nov 20 in Mumbai
K Rajaraman,, chairperson, International Financial Services Centres Authority As `Insurance for All by 2047’ based on the principles of inclusive insurance has become a central objective the Indian government, insurance regulator IRDAI, the IIA Annual Event 2024 ...