Business

[ad_1] Image used for representative purposes MUMBAI: The suspension of IPL – India’s most heavily insured sporting event – has brought renewed scrutiny to the utility and limits of event insurance amid geopolitical tensions. Howden, the insurance broker to the BCCI, acknowledged the suspension and said it would wait for an official decision on cancellation…

[ad_1] NEW DELHI: The Indian stock market, including the National Stock Exchange (NSE) and the BSE faced strong selling pressure in recent sessions due to geopolitical uncertainty. Amid rising India-Pakistan tensions, investors have been wondering if the stock market will be open on May 12, the day Buddha Purnima is celebrated nationwide. The good news:…

[ad_1] MUMBAI: The rupee recovered sharply on Friday to close at 85.37 against the dollar after touching an intraday low of 85.85, helped by dollar sales from public sector banks acting on behalf of the RBI.The domestic currency closed at 85.71 in the previous session.Despite the late recovery, the rupee posted its steepest weekly decline…

[ad_1] India’s market demonstrates superior structural strength. (AI image) India-Pakistan tensions: The reaction of stock markets in India and Pakistan to the rising tensions post Pahalgam terror attack and the ongoing Operation Sindoor so far is an indication of India’s underlying economic strength. The stock markets of India and Pakistan have shown contrasting responses to…

[ad_1] India-UK FTA: It’s the joint success story of India’s Trade & Foreign Policy. (AI image) By Himanshu TewariThe recent announcement of India UK FTA is new in the series of bilateral FTAsnegotiated in the recent past – starting with Australia, followed by UAE and EFTA countries (Norway, Switzerland, Liechtenstein, Iceland). It demonstrates a very…

[ad_1] Amazon is changing how it pays employees, focusing more on consistent top performance over time rather than one-time achievements.The new pay structure aims to reward employees who consistently perform at a high level and to reduce bonuses for those with less consistent records.According to an Amazon spokesperson, the new framework “better distinguishes between newer…

[ad_1] Representative image (Picture credit: IANS) The Indian pharmaceutical market continued rising in April 2025, achieving a strong annual growth of 7.8%, with total sales reaching a remarkable Rs 19,711 crore.According to a report by Pharmatrack, the sector recorded an impressive Rs 1,424 crore in additional sales this month, highlighting its continued resilience and strong…

[ad_1] NEW DELHI: IndiGo passengers who were supposed to fly in and out of the airports that are currently closed now have the option of doing so from “another nearby airport without any additional charges.” Thirty-two airports in north west and central India are currently closed, and IndiGo operates to 10 of them — Srinagar,…

[ad_1] Representative image (Picture credit: ANI) Consumer prices in China fell for the third month in April as the country grapples with sluggish spending amid a fierce trade war with the United States.The latest data, released on Saturday by the National Bureau of Statistics (NBS), showed that the consumer price index (CPI), a crucial inflation…

[ad_1] NEW DELHI: At least 60 domestic flights at Delhi airport were cancelled on Saturday, as security was tightened and 32 airports in northern and western India were temporarily closed amid rising military tensions between India and Pakistan, a source told news agency PTI.Between 5.00 am and 2.30 pm, the Delhi airport experienced cancellations of…