Who is R Doraiswamy? Meet LIC’s new MD & CEO; replaces interim CEO Sat Pal Bhanoo

The government has appointed R Doraiswamy as the new Managing Director and Chief Executive Officer of Life Insurance Corporation of India (LIC), the state-run insurance giant.A notification issued by the Department of Financial Services on Monday confirmed the appointment, following the approval of the Appointments Committee of the Cabinet chaired by the Prime Minister, PTI…

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Move away from US: China exports emerge strong despite Donald Trump’s tariff chaos; is the record trade surplus sustainable?

China achieved a historic trade surplus of approximately $586 billion in the first six months of the year. (AI image) China seems to have diversified its export markets away from the US, reporting a record trade surplus despite the global turmoil and uncertainty created by American President Donald Trump’s tariff war.China achieved a historic trade…

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US markets today: Wall Street dips after Donald Trump announces new tariffs on EU and Mexico, investor eye earnings season

US stock markets edged lower Monday after President Donald Trump announced sweeping new tariffs on goods from the European Union and Mexico, raising concerns about renewed trade tensions. Despite the early pullback, major indexes remained near record highs as investors assessed the likelihood of a negotiated outcome before the August 1 deadline.The S&P 500 slipped…

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