MUMBAI: The amendment to insurance laws is expected to trigger a fresh round of consolidation and deal-making in the sector, alongside new capital inflows following govt’s decision to permit 100% foreign direct investment.Apart from opening the door to higher foreign ownership, the new bill seeks to widen consolidation options by allowing insurance companies to amalgamate…
SRINAGAR: The meteorological department has forecast widespread rain, gusty winds and also snowfall at some places in Jammu and Kashmir over the next 36 hours due to strong western disturbance, even as heavy rains flooded roads in Srinagar on Friday.Authorities have issued an advisory urging residents to avoid non-essential travel and follow safety precautions, especially…
Kolkata: The NIA Sunday arrested one of the prime accused in the Bhangar bomb blast case in Bengal, in which one person was killed and three others were seriously injured in March this year. The explosion had taken place in Dakshin Bamunia village of Bhangar area. The accused, Ahidul Islam Molla of South 24 Parganas,…
NEW DELHI: The Indian govt has strongly rejected the reference to J&K in an EU-Pakistan joint statement, issued during EU foreign policy chief Kaja Kallas’s visit to Islamabad this week, saying those who have no locus standi on such matters should desist from making any comment on them.According to the joint statement, Pakistan and the…
Currently, India and the US are conducting parallel negotiations on two fronts. (AI image) India-US trade deal: Calling India a ‘tough nut’ to crack, US Trade Representative Jamieson Greer on Tuesday also said that India gives some of the ‘best offers’. Greer’s comments assume significance at a time when a US delegation is in India…
CHENNAI: Hotels and eateries that switch to electric stoves in Tamil Nadu will get a subsidy of Rs 2 per unit of power additionally consumed, the state govt said Saturday as it rolled out a series of measures to soften the blow of LPG supply disruption. A meeting chaired by CM M K Stalin also…
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With crypto’s multi-month downturn accelerating into a freefall last week, bulls were frantically grasping for technical signals, or maybe yarns about the blowup of some leveraged hedge fund, that might signal a final bottom for this bear market. Perhaps the ultimate sign of a bottom, though, might be the cheers arising from those who have…
