Business
NEW DELHI: The Congress on Thursday launched fresh salvos against its Thiruvananthapuram MP Shashi Tharoor following his cryptic social media post likely directed towards the party top brass.A day after Tharoor posted an image of a bird with the caption — “Don’t ask permission to fly. The wings are yours. And the sky belongs to…
The Indian financial services sector stood tall in the first half of 2025, emerging as the best-performing space among broader market segments. The Nifty Financial Services Index surged almost 16 percent year-to-date (YTD), outpacing other sectoral peers and underscoring investor confidence in the sector’s robust fundamentals and improving macroeconomic backdrop. The index touched its record…
Well, here’s the bad news: most health insurance policies do not cover outpatient department (OPD) expenses. According to a report by India Insurtech Association, India’s OPD spending amounted to a massive $37.7 billion in FY24, of which retail OPD insurance accounted for less than 0.1%. Noting this gap, insurers have of late started to offer…
New Delhi: Major real estate players in the sector are expected to maintain growth momentum through new launches. A report by Motilal Oswal projects that new launches will grow at a 12% compound annual growth rate (CAGR) over the Financial Years (FY) 2025–27. The report noted that several FY25 launches will spill over into FY26…
NEW DELHI: Data from a black box of the ill-fated Air India Dreamliner that crashed in Ahmedabad on June 12, was downloaded on Wednesday. “The analysis of (black boxes) data is underway. These efforts aim to reconstruct the sequence of events leading to the accident and identify contributing factors to enhance aviation safety and prevent…
Gold loans are extremely attractive in India because they are easy to get, have minimal documentation and can be approved really fast. While thinking about your credit in general, and secured credit specifically, it is important to think about how a gold loan can affect your credit score. This guide breaks it all down with…
NEW DELHI: Union Jal Shakti minister CR Patil on Thursday reaffirmed India’s tough stance on the suspension of the Indus Waters Treaty (IWT), asserting that the move is in the nation’s interest and dismissing Pakistani warnings as empty threats.“This decision belongs to the Indian government and the Prime Minister… There is no update on the…
Specialty chemicals company Aarti Industries Ltd is struggling with acute margin pressure—its consolidated Ebitda margin fell to 13.8% in FY25 from 15.3% the year before. However, the stock has rebounded 37% from its 52-week low of Rs344.20 on 7 April. That’s because the company’s key product, NMA (N-Methylaniline, which is used as an octane booster…
A recent social media post caught my attention—not so much for what it said, but for the torrent of responses it unleashed. An investor shared how his relative had entrusted ₹65 lakh to a portfolio management service (PMS) in 2022, only to see it grow to about ₹74 lakh by mid-2025. That translates to an…
Mumbai: The Securities and Exchange Board of India (SEBI) on Wednesday imposed a penalty of Rs 25 lakh on BSE Ltd for violation of norms related to dissemination of price-sensitive information by corporates, weak supervision of broker trades, and laxity in taking action. The punitive action follows an inspection of the stock exchange carried out…
NEW DELHI: Home minister Amit Shah on Wednesday said Emergency was imposed to establish “parivarwaad”, or dynastic politics, and had turned the entire country into a prison.Addressing an event to mark ‘Samvidhan Hatya Diwas’, he said it was important to remember the imposition of Emergency as a “dark chapter” in the history of post-Independence India…
I am a Thane-based businessman, aged 50, and a frequent flyer. Every time I board a plane, I think of my wife and children. If something happens to me during the flight, does my insurance cover accidental death benefits? More importantly, how easy is it for my family to claim it without being overwhelmed by…
This is the first bonus issue of Nestle India after the year 1996. File | Photo Credit: Reuters The board of FMCG maker Nestle India approved the issuance of bonus equity shares in the ratio of 1:1 to its existing shareholders on Thursday (June 26, 2025.) “The bonus equity share of face value of Re.1…
This is an AI-generated image, used for representational purposes only. NEW DELHI: The Joint Parliamentary Committee (JPC) on the ‘One Nation, One Poll’ initiative is scheduled to meet on July 11, 2025, at the Parliament House Annexe in New Delhi. The panel, headed by BJP MP PP Chaudhary, will hold consultations with legal experts and…
Taking a sharp jibe at Shashi Tharoor, Congress leader Sukhdeo Bhagat says, “You must have seen many kites in the sky. When a kite flies very high, it becomes arrogant. But when the string is cut, the kite falls on the ground. Then it realizes that the string was in someone else’s hand. The string…
Defence stocks rallied on Thursday buoyed by expectations of increased export orders after NATO leaders pledged to scale up defence spending. Data Patterns (India), Astra Microwave Products, Hindustan Aeronautics (HAL), Bharat Electronics (BEL), Zen Technologies, among other defence stocks rallied up to 4%. The upbeat sentiment in defence stocks lifted the Nifty India Defence index…
