Chola MS PAT declines by 28.3% in Q2 FY26

CHENNAI: Cholamandalam MS General Insurance Company (Chola MS), a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Group of Japan, posted a 28.3% dip in Profit after Tax (PAT) at Rs 91 crore in the quarter ended Sept 30, 2025, against Rs 127 crore in the corresponding last year. Its Gross Written Premium…

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Monetising your gold holdings: Have idle gold in lockers, home? 5 smart ways to make it work for you

For most Indian households, gold represents safety — a store of value kept securely in lockers. But increasingly, more Indians are discovering how to make idle gold work through loans, monetisation schemes, leasing options, and even digital gold funds.According to a Morgan Stanley report, cited by ET, Indian households collectively hold 34,600 tonnes of gold,…

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‘Enough supply in global market’: Hardeep Puri assures stable crude flow despite disruptions; highlights India’s refining, ethanol progress

File photo: Union minister Hardeep Singh Puri (Picture credit: PTI) Union petroleum and natural gas minister Hardeep Singh Puri on Tuesday said there is sufficient crude oil supply in the global market and disruptions in one source can be offset by alternative streams. Speaking at an interactive session, Puri asserted that “trade is not governed…

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US stocks steady: Wall Street hover near record highs; investors eye Fed decision, Donald Trump-Xi Jinping meeting

US stocks hovered around record levels on Tuesday as investors awaited key events, including the Federal Reserve’s policy decision and an upcoming meeting between President Donald Trump and Chinese President Xi Jinping.In morning trade, the S&P 500 rose 0.1 per cent, while the Dow Jones Industrial Average gained 190 points, or 0.4 per cent, and…

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‘Absolutely not going to discontinue’: IOC to keep importing Russian oil despite US curbs; will buy via non-sanctioned suppliers

Indian oil refiners, including Indian Oil Corporation (IOC), may not completely halt purchases of Russian crude despite fresh US sanctions, as the measures target specific Russian suppliers rather than the oil itself. Officials said that while four Russian oil companies have been sanctioned so far, India’s largest supplier, Rosneft, which handles nearly 45 per cent…

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Heart of the deal: Managing soy-corn politics

A tale of contrasts: A soy farm in US state of Minnesota and a family in Maharashtra’s Nagpur preparing a field for cultivation of the crop in India. Farmers in US enjoy better output, thanks to large landholdings and heavily mechanised agriculture. That’s in stark contrast to small plot sizes and labour intensive farming in…

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ISA Summit 2025: President Droupadi Murmu says India to lead solar innovation by 2050; calls for women-led green growth

File photo: President Droupadi Murmu (Picture credit: ANI) India is working not only to achieve its clean energy goals but also to emerge as a global hub that aggregates global solar demand and drives innovation, manufacturing and knowledge exchange by 2050, President Droupadi Murmu said on Tuesday.Addressing the 8th Session of the International Solar Alliance…

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Energy security push! India plans 10% mandatory LNG extra reserve; aims cost-effective buffer for price, supply shocks

India is planning to make it mandatory for all liquefied natural gas (LNG) import terminals to build an additional 10% storage capacity that the government can access during supply or price disruptions. According to a draft proposal by the oil ministry, this change will amend the registration rules for LNG terminals under the Petroleum and…

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