[ad_1] MUMBAI: Insurance Regulatory and Development Authority (Irdai) has set up a high-powered committee led by former SBI chairman Dinesh Khara to review key aspects of Insurance Act, 1938. The committee, which includes top industry experts, is expected to submit its report in three months.Based on recommendations of the Khara committee, Irdai will propose changes…
[ad_1] MUMBAI: Veteran banker Uday Kotak has warned that India’s economic ‘animal spirits’ are fading as the next generation of business families focuses more on managing investments than building and running companies.Kotak also called for a cohesive strategy from policymakers to counter the “vacuum cleaner” effect of US policies, which are pulling foreign capital away,…
[ad_1] Together, India and the US are proving that 1+1 doesn’t just equal 2 it equals endless possibilities. By Naveen Aggarwal1+1 =2. But when the US and India come together, the equation changes altogether. Perhaps, one can think of it as a geopolitical alchemy – the world’s two largest and greatest democracies coming together to…
[ad_1] United States remains India’s primary export market, comprising 17.7% of total exports in FY24. (AI image) US President Donald Trump’s decision to impose reciprocal tariffs on exports from India may have a limited impact, says a recent report. PM Narendra Modi met Donald Trump during his visit to the US last week. The meeting…
[ad_1] After nine grueling sessions that wiped out months of gains for retail investors, smallcap stocks are making a strong return. The Nifty Smallcap 250 index, which remains in bear market territory and is down 22% from its peak, rose 2% on Wednesday. Stocks like Aegis Logistics, GRSE, Netweb Tech, and Minda Corp saw impressive…
[ad_1] NEW DELHI: Union aviation minister Ram Mohan Naidu will Thursday launch Directorate General of Civil Aviation’s (DGCA) “electronic personnel license (EPL) for pilots, making India the second country in the world after China to implement EPL for flight crew, according to the regulator. Digitising pilot licences will do away with the need of getting…
[ad_1] Both Musk and US President Donald Trump have in the past expressed concerns about India’s steep import duties on automobiles. Tesla India entry: Days after PM Narendra Modi met Tesla CEO Elon Musk, US President Donald Trump has said that any potential plans by the EV maker to build a factory in India would…
[ad_1] Apple has been expanding production beyond China. (AI image) Murata Manufacturing Co., a producer of iPhone components, is considering relocating some production facilities to India, signalling a shift in global supply chains towards the world’s largest population centre.Apple has been expanding production beyond China, recently initiating trial production of AirPods in India. Additionally, numerous…
[ad_1] LIC Smart Pension Plan: Its distinctive advantage lies in its liquidity provisions (AI image) LIC Smart Pension Plan: Life Insurance Corporation of India (LIC) has introduced its latest offering, the LIC Smart Pension Plan. This scheme is structured as a non-participating, non-linked plan for individuals and groups, focusing on savings and immediate annuity benefits.According…
[ad_1] New Income Tax Bill: Largely, there are no changes to the definition of residency or even salary related provisions for that matter. By Parizad SirwallaNew Income Tax Bill 2025: Representing a historic milestone in India’s tax landscape, Hon. Finance Minister – Madam Nirmala Sitharaman has presented the Income Tax Bill, 2025 (Bill) in the…
