LIC said USTR’s views are based on an incomplete understanding of Indian insurance regulation and LIC’s functioning. Photograph: Dado Ruvic/Illustration/Reuters State-owned Life Insurance Corporation said on Friday it has never invoked the sovereign guarantee for its policies, nor used
‘If the US stagnates and falls into a recession, the dollar will weaken, oil prices will also dip. This augurs well for India.’ IMAGE: A screen shows the Dow Jones Industrial Average after the close of trading at the New
US Stock Market Live: US President Donald Trump’s reciprocal tariff announcements have triggered a massive sell-off across Wall Street, with the Dow Jones plunging over 2,000 points, the S&P 500 witnessing its worst two-day sell-off since March 2020 and the
Goldman Sachs lowered its forecast for Brent crude’s average price this year by 5.5% to $69 a barrel and for WTI prices by 4.3% to $66, citing the risks of higher OPEC+ supply and the global trade war triggering a
News reports that GE Aerospace has delivered the first of 99 F404-IN20 engines ordered by Hindustan Aeronautics (HAL) for the Tejas Mk-1A has revived interest in the HAL stock. IMAGE: Light Combat Aircraft Tejas. Photograph: ANI Photo This addresses serious
‘The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.’ IMAGE: Union Commerce and
Commerce and Industry Minister Piyush Goyal on Thursday asked the Indian startup community to shift their focus from grocery delivery and ice cream making to to high tech sector like semiconductor, machine learning, robotics, and artificial intelligence. Photograph: Dado Ruvic/Reuters
India’s forex kitty jumped $6.596 billion to $665.396 billion during the week ended March 28, the RBI said on Friday. Photograph: Dado Ruvic/Reuters In the previous reporting week, the overall reserves rose by $4.53 billion to $658.8 billion, the RBI
Ahmedabad-based AWL Agri Business Ltd, formerly Adani Wilmar Limited, posted a strong financial performance in the fourth quarter of FY 2024-25, reporting a 36% year-on-year increase in revenue and a 7% rise in volume. The company’s annual revenue reached ₹62,000
Kolkata, Apr 4 (PTI) Indian rice exporters are adopting a wait-and-watch approach following United States’ decision to impose 27 per cent tariff on imports, though industry leaders say the long-term impact may be limited due to India’s inherent competitiveness. “While
