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…
MUMBAI: The win-loss ratio in the SME IPO space has been nearly equally distributed in 2025. Of the 254 small and medium enterprises that tapped the primary market and have been listed till Dec 19, this year, 120 stocks were still in the green, while 132 stocks were in the red. And two were at…
BENGALURU: Air India will discontinue non-stop San Francisco services from Bengaluru and Mumbai from March 1, citing aircraft deployment challenges and higher costs due to airspace restrictions. The move has triggered confusion and concern among passengers from the two cities who have made bookings, particularly for travel beyond Feb 28.The Tatas-owned airline will, however, scale…
NEW DELHI: The Food Safety and Standards Authority of India (FSSAI) firmly rejected claims linking eggs to cancer risk, saying eggs sold in India are safe for consumption and that recent reports and social media posts are scientifically unsupported and alarmist.Clarifying concerns over alleged presence of nitrofuran metabolites (AOZ) – trace marker residues that may…
NEW DELHI: The National Highways Authority of India (NHAI), in a first-of-its-kind exercise, has sent around 60 officers from its headquarters across the country for inspections of operation and maintenance of around highway stretches and to evaluate the “general look, feel and comfort” from the perspective of users.The officials have been directed to mandatorily feed…
India and New Zealand should aim to double their bilateral trade in the next five years, accordint to think tank GTRI. The organization recommends reducing import duties and strengthening partnerships in agriculture, while also calling for more direct flights and easier visa rules. These recommendations came on Sunday as both nations prepare to finalize a…
NEW DELHI: Markets regulator Sebi on Sunday clarified that there is no change in the existing regulatory framework for short selling. The clarification comes after a media reported about changes in the short selling framework that would become applicable from December 22, 2025. “In this context, Sebi expressly clarifies that there is no change in…
Financial analysts hinted at possible slowdown in gold and silver prices during the week while investors await crucial US economic data. Market activity is expected to be light due to the upcoming Christmas and New Year holidays, with key indicators like GDP, housing data, and consumer confidence figures affecting precious metal prices.Trading volumes are likely…
NEW DELHI: Public procurement portal GeM has enabled government departments and entities to raise Rs 2,200 crore over the last about four years through the disposal of assets such as scrap, e-waste, old vehicles, machinery, and leasehold properties, an official statement said on Sunday. The government e-marketplace (GeM) operates as a digital platform through which…
India’s exports to the US bounced back in November after two months of dip. The rebound was largely supported by supply-chain adjustments and pre-holiday season inventory restocking, according to the Global Trade Research Initiative (GTRI). This recovery came despite the US imposing 50 per cent tariffs on Indian goods since August. ‘India Got Out Of…
