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MUMBAI: Uday Kotak on Tuesday warned that the world is “at a very important cusp of the return of global colonialism… in 2026 we are at one such cusp,” drawing parallels between historical imperial expansion and current geopolitical shifts, while urging India Inc to reset its approach to innovation, manufacturing and energy security.Speaking at the…
New Delhi: The PPP-run airports have asked govt to ensure airlines pass on the benefit of reduced landing and parking charges to passengers. And also that once this three-month 25% reduced aeronautical charge period ends on July 7, the same should be hiked along with an increase in user development fees (UDF) for international passengers…
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MUMBAI: Belgium’s top insurer present in life and non-life in India aims to break into the top 10, and will also explore acquisition opportunities as they arise, deepening its commitment to one of its fastest growing markets. The strategy builds on earlier moves, including becoming the first insurer in India to hold over 70% in…
NEW DELHI: The Indian economy grew 7.8% in the Jan-March quarter as strong investment, sustained farm production and expansion of the construction and tertiary sector led to a robust demand, offsetting the anticipated adverse impact of the conflict in West Asia.Data released by the National Statistics Office (NSO) Friday with the revised 2022-23 base year…
The most visible bitcoin buyers in the world are buying at near-record pace. It is not enough. A CryptoQuant weekly report showed overall 30-day apparent demand at negative 63,000 BTC as of late March, meaning the broader market is selling far faster than institutions can absorb. ETF purchases hit approximately 50,000 BTC in the rolling…
THIRUVANANTHAPURAM/THRISSUR: Gold embedded in sacred structures of Sabarimala temple in central Kerala was allegedly stripped, diverted and converted through a planned operation involving temple officials, intermediaries and private jewellers, a state-appointed SIT told a vigilance court. In a report seeking police custody of key accused, SIT said gold-plated copper sheets forming part of the sanctum…
Blue Owl is experiencing elevated redemption requests for two of its private credit funds, according to letters to shareholders issued Thursday. The firm’s flagship OCIC fund, with about $36 billion in assets under management, received redemption requests of about 21.9% of shares outstanding during the first quarter, the firm said. Blue Owl’s smaller, tech-oriented fund,…
