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Irdai directs health insurers to decide on cashless authorisation in 1 hour

New Delhi, May 29 (PTI) Regulator Irdai on Wednesday released a master circular on health insurance specifying that an insurer will have to...

Yen hits 4-week low, euro steady after German inflation data

By Alun John LONDON (Reuters) -The dollar held firm on Wednesday, boosted by higher U.S. yields, and gaining on the Japanese yen as placid markets encouraged investors to resume carry trades, while

S&P upgrades India’s outlook to positive citing robust growth, government spendings

New Delhi , May 29 (ANI): S&P Global Ratings on Wednesday revised its rating outlook on India to positive from stable, and added that...

Investor wealth erodes by Rs 5.12 lakh cr in 4-day fall in stock markets

New Delhi, May 29 (PTI) Investors' wealth eroded by Rs 5.12 lakh crore in four straight days of fall in the equity markets...

Silver continues to glitter, hits lifetime high of Rs 97,100 per kg

New Delhi, May 29 (PTI) Silver prices hit a lifetime high levels of Rs 97,100 in the local market on Wednesday, while gold...

TEPC exploring global markets for exports of Indian telecom products

Singapore, May 29 (PTI) The Telecom Equipment & Services Export Promotion Council (TEPC) is exploring global markets and has set up a regular participation...

Bond yields jump and stocks wilt as rate cut doubts resurface

By Harry Robertson LONDON (Reuters) -U.S. government bond yields pushed to a near four-week peak on Wednesday, lifting their global counterparts and pressuring stocks, as data sowed new doubts about

RBI imposes business restrictions on ECL Finance Limited, Edelweiss Asset Reconstruction Company Limited due to supervisory concerns

New Delhi (India), May 29 (ANI): The Reserve Bank of India (RBI) has imposed stringent business restrictions on two entities of the Edelweiss Group--ECL...

India imports more silver in 4 months than in all of 2023

By Rajendra Jadhav MUMBAI (Reuters) - India's silver imports in the first four months of the year have already surpassed the total for all of 2023, on rising demand from the solar panel industry and

Chief economists foresee economic growth amid rising political risks in 2024: World Economic Forum

New Delhi , May 29 (ANI): The latest Chief Economists Outlook released by the World Economic Forum on Wednesday presents a cautiously optimistic view...

On Camera

Haryana win is redemption, J&K defeat is vindication. BJP is walking out of Lok Sabha poll fog

A leader's charisma is a big plus. But don't underestimate the craft of mounting an election campaign. Haryana is BJP's reward for mastering it. All-round participation and peaceful polling in J&K too is a win.

How businesses can become more resilient to the physical impacts of climate change

Extreme weather events have impacted 50% of corporate respondents to a recent survey. This underlines the importance of significant action now to increase climate resilience.

‘Nightmare at Chennai Marina’: 4 dead, 96 hospitalised after pandemonium at packed IAF air show

Lakhs of people were stranded at beach in heat as crowd control measures apparently failed. At least 14 lakh people were in attendance though police had expected around 10 lakh.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?