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NEW DELHI: As govts and technology companies across the world race to dominate the AI revolution, a parallel global debate is steadily gaining ground – who will ensure that AI remains accountable to human values rather than being driven solely by profit, speed and geopolitical competition? That broader concern now appears to connect two very…
MUMBAI: HDFC Ergo General Insurance has tightened costs in motor third-party cover, fearing claims inflation could sink the line without strict underwriting. It reset reserves in FY25-FY26 after spotting inflation outrunning assumptions.Speaking to TOI MD & CEO Parthanil Ghosh said claim dynamics had shifted.“We felt that the third-party rates vis-a-vis the commission that is being…
NEW DELHI: Insurance giant LIC is actively considering establishing a fintech arm either through strategic investment or organic way to cater to its growing digital needs, CEO & MD R Doraiswamy said. “Naturally, to meet the modernisation requirement and particularly to bring innovation, we are engaging both fintech and insurtech players and we are getting…
Pranav Mer, Vice President of Commodity & Currency Research at JM Financial Services, said that the outlook for precious metals remains largely range-bound, with a possibility of further corrective movement in both gold and silver. According to him, investors will closely track progress in negotiations between Washington and Tehran. With the ceasefire and talks reportedly…
Oil prices rose more than 2% in early trading on Monday after Israel ordered additional troop deployments into southern Lebanon, escalating tensions with the Iran-backed Hezbollah group despite a ceasefire announced more than six weeks ago.US crude futures (WTI) climbed by 2.71% to $89.73 a barrel, while Brent crude futures gained 2.37% to $93.28 a…
Top stocks to buy today (AI image) Stock market recommendations: Astra Microwave, and Shaily Engineering Plastics have been recommended by Motilal Oswal Wealth Management Research Desk as the top stocks to buy for the week starting June 1, 2026: Stock Name Rating CMP (Rs) Target (Rs) Upside (%) Astra Microwave Buy 1381 1580 14% Shaily…
NEW DELHI: Indians remained the third largest applicants for Schengen visas globally in CY 2025, with 11.5 lakh did so with a rejection rate of 15.8%. Chinese were the largest applicants at 18 lakh with a rejection rate of 4.1%, followed by nationals of Turkey (12.5 lakh) with a rejection rate of 14.6%, according to…
NEW DELHI: The finance ministry on Sunday issued notification on duty concessions on Omani goods under trade pact with India, which will come into effect from June 1.The India-Oman Comprehensive Economic Partnership Agreement (CEPA) was signed in Dec last year. “Provided that the (duty) exemption shall be available only if the importer proves to the…
