R Doraiswamy, CEO and MD, LIC The Net VNB margin for the six months...
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Delhi Airport flight operations disrupted as ATC glitch hits over 100 flights
“Due to a technical issue with the Air Traffic Control (ATC)...
FSIB advertises GIC Re CMD post for both PSU and pvt sector candidates, last date for application is Dec 01
The applicant should have minimum 45 years of age and two years of...
IRDAI asks insurers to fast track cyclone Remal claims
Insurers have been advised to settle claim payments/on account payments at the earliest and also encourage policyholders to use electronic communication wherever possible for correspondence Hyderabad: As the cyclone Remal have caused widespread loss of lives, property...
Bloodbath on D-Street: Sensex slumps over 4,000 points amid election uncertainty, investors lose Rs 31 lakh crore
The Nifty index dropped as much as 5.43% to 22,000.60 points while the BSE index fell to a low of 72,337.34 points, down 5.4% on the day. That was the biggest fall since April 2020 and pulled stocks sharply away from records highs struck a day earlier "If there is a...
Strong growth, lower fiscal deficit may lead to India rating
"A faster-than-anticipated pace of fiscal consolidation could pave the way for a sooner-rather-than-later sovereign rating upgrade for India," the analysts said New Delhi: Strong growth and a narrower fiscal deficit can lead to a sovereign rating upgrade for India, a...
HC takes note of 52.3 deg C temperature in Delhi says city could become ‘barren desert’
"Judicial notice is taken of the fact that as recent as on May 30, the official temperature recorded in Delhi was 52.3 degrees Celsius. It is not far to see the day when this city may be only a barren desert, in case the present generation continues an apathetic view...
IRDAI mandates Cross Boarder Reinsurers(CBRs) to furnish collaterals for accessing Indian business from Fy 25-26
IRDAI has clarified that premium retroceded by the branches of foreign reinsurers and Indian reinsurers to CBRs, premiums ceded to CBRs for the government schemes such as PMFBY, PMJAY, PMJJBY, PMSBY and If total premium ceded by an insurer to CBRs is up to Rs 75...
Sensex-Nifty mark record highs on expectation of Modi 3.0,investors richer by Rs 12.48 lakh crore
The Sensex surged by 1859.88 points, opening at a record 75,821.19. Similarly, the Nifty jumped 603.85 points, starting the day at 23,134.55.The buoyant market sentiment was further bolstered by India's impressive Q4FY24 GDP growth of 7.8 per cent, surpassing...
Markets may reach new heights on Monday, but investors should invest for long term in quality stocks
Porinju Veliyath, Founder - Equity Intelligence noted that there might be intense buying on Monday, pushing the Index to new highs, but future corrections are also expected. The short covering by foreign investors could push Nifty above the 25,000 mark. Mumbai: Stock...
Sweltering heat directs attention at ‘disappearing’ spring in country
Such extreme heat has wide-ranging consequences on public health, electricity, water and the economy.Vimal Mishra, Vikram Sarabhai Chair Professor, Civil Engineering and Earth Sciences, IIT Gandhinagar New Delhi: Sweltering heatwave in north India that have caused...
India records 56 heat stroke deaths
The National Centre for Disease Control (NCDC) reports that 46 of these deaths occurred in May alone. The numbers may be higher as data from Uttar Pradesh, Bihar and Delhi are still pending. New Delhi: India has recorded 56 deaths from 24,849 suspected cases of heat...
Passenger vehicle wholesales in slow lane in May due to high base effect elections
The overall passenger vehicle dispatches from companies to dealers stood at 3,50,257 lakh units last month as compared to 3,35,436 in the same month a year ago, registering a growth of 4 per cent New Delhi: Passenger vehicle wholesales in India witnessed a marginal...