India Financial News

Subscribe to enjoy similar stories. Insurance companies charge hefty premiums for health policies and often revise them upwards to adjust for medical inflation. It comes as a surprise, therefore, if they reject or only partially settle claims linked to modern treatment methods and advanced procedures.

Subscribe to enjoy similar stories. The ‘world’s banker’ Jamie Dimon, CEO of JPMorgan Chase, speaks his mind even if it means taking swipes at US regulators. At a conference last week, Dimon had some harsh words for several major US banking regulations, which he called burdensome and inconsistent.

Ride-hailing app Uber on Thursday announced a host of new features such as SOS integration, helmet selfie and women rider preference for female drivers — all aimed at making experience for million-plus drivers on its platform «safer, easier and fairer». Further, in support of the government's Code on Social Security (CoSS), which seeks to provide a safety net for gig workers, Uber announced the promotion of registrations on the e-Shram portal, which is a unified database for gig workers and unorganised workers. To encourage participation and accelerate such registrations, Uber is offering cash incentives to the first 10,000 drivers who register on the portal. Key enhancements for drivers include SOS integration, helmet selfie, women rider preference for female drivers, and audio recording, as also upfront tipping, instant payments, and mentorship program.

JPMorgan index, so far in November, according to clearing house data on Thursday. A rise in U.S. yields along with a stronger dollar have driven the selling, traders and analysts said. They expect the outflows to persist until global market volatility settles.

India International Trade Fair (IITF) set to commence Thursday at Pragati Maidan, the Delhi Traffic Police has released an advisory to manage anticipated high volumes of traffic. The advisory comes as nearly 60,000 visitors are expected daily, with the number likely to surge to 150,000 on weekends and holidays.

Infosys' founder Narayana Murthy recently said Indians failing to solve problems as the main factor behind issues such as Delhi pollution remaining a persistent problem for the country. «Which area has (India) invented? Please give me an example,» Murthy during an inter highlighting the country’s dependence on adapting foreign technologies rather than creating innovations. Murthy said that India has yet to solve long-standing issues like Dengue and Delhi's pollution, despite these being persistent problems. He questioned why the IT services industry should be singled out for criticism when the country as a whole has not addressed these challenges.

Reliance Power, asking why it should not initiate criminal proceedings after a subsidiary of the power producer submitted fake documents for a bid, according to a notice dated Wednesday. Last week, Solar Energy Corporation of India Ltd (SECI) barred the power firm from participating in its clean energy project tenders for three years after it found that a unit of the company had submitted a fake endorsement of a foreign bank guarantee. SECI said on Wednesday that the bank guarantee submitted by the unit, Reliance NU BESS, was also fake.

For Indian consumers, gold is not just an asset but a cultural staple, deeply ingrained in weddings, festivals, and as a safeguard against economic uncertainty. With gold prices trending lower, those who have weddings lined up in their families are keenly observing this opportunity. «Enquiries at stores have increased due to price fall. We are expecting higher footfalls for upcoming wedding seasons,» said Suvankar Sen, MD & CEO, Senco Gold and Diamonds.

Subscribe to enjoy similar stories. Newborn care in India is deeply influenced by a blend of cultural beliefs, traditions, and modern medical science. Although all these customs have been handed down the line of generations and have significant cultural meaning, evidence-based medicine asks for certain practices to be reviewed.

Subscribe to enjoy similar stories. While there is no official ban on releasing Pakistani films in India, theatre owners say the main fear is one of opposition from local community groups and vandalism in cinemas. The release of Pakistani hit The Legend of Maula Jatt, which was scheduled in India last month, was called off after strong opposition from political groups and a stay by the government.

Indian tourists are the largest group visiting Sri Lanka, thanks to the country’s proximity—a quick 2.5-hour flight from Mumbai—and its affordability. Following the Sri Lankan rupee’s collapse in 2022, the country became one of the most budget-friendly luxury destinations.

security of the nation. The agricultural sector, which supports over 50% of India’s workforce, is especially vulnerable to land degradation.

Uttar Pradesh government, which has been receiving flak from various quarters over «bulldozer action», Wednesday hailed the verdict. The Yogi Adityanath-led govt on the matter said it will help curb organised crime and instil a fear of legal consequences among criminals. The opposition parties hoped that with this verdict, the «bulldozer terror» and «jungle raj» in the state would end. Previously, the Supreme Court laid down pan-India guidelines over the demolition issue and said no property should be demolished without a prior show cause notice and the affected must be given 15 days to respond.

Guru Nanak Jayanti is a sacred festival celebrated with deep devotion, primarily by the Sikh community. It marks the birth anniversary of Guru Nanak Dev Ji, the founder of Sikhism. In 2024, devotees will commemorate Guru Nanak Ji’s birth anniversary on Kartik Purnima, which falls on November 15. On November 15, millions around the world will mark the 555th birth anniversary of Guru Nanak Dev Ji, the founder of Sikhism, known for his teachings on unity, compassion, and equality.

Australia vs Pakistan 1st T20I Live Score: Having won the ODI series in Australia for the first time in 22 years, Pakistan will be chasing a rare double when both teams face-off in the first T20I at the Gabba in Brisbane on Thursday. Pakistan have never won a T20 international match against Australia on Australian soil.

Subscribe to enjoy similar stories. IPO activity in India has hit a new peak this calendar year, with the total issue size amounting to ₹1.38 trillion – the highest in a decade, surpassing the previous peak of ₹1.31 trillion in 2021.

Subscribe to enjoy similar stories. There is a tactile quality about Becharam Das Dutta’s paintings, be it the Narasimha Vishnu-Avatara or Shiva Panchanan. Created in watercolour and natural dye in the middle to late 19th century, these pats are an example of combining innovation with tradition.

Subscribe to enjoy similar stories. As festivities bring families and friends together, dinner table conversations more often than not turn to children and their future. This time it was around higher education, a topic that is particularly resonant for me as a parent of a 13-year-old son.

crypto frenzy in the global markets are lapping Indian shores. Average daily trading volumes in half a dozen major exchanges have surged 3 times in less than a week despite crippling taxes and a shadow ban by most banks. Investors who were sitting on losses for close to 18 months are suddenly in the money. Prices of some of the zombie coins, along with other cryptocurrencies, are tailing Bitcoin which touched a new high. And, more local investors are booking profits than chipping in fresh money — as is borne out by the squeeze in the premium in USDT, the stable coin that serves as a go-between when cryptocurrencies are sold to generate rupees.

Mankind Pharma Ltd.(up 4.03 per cent), Gland Pharma Ltd.(up 1.78 per cent), Laurus Labs Ltd.(up 1.76 per cent), Granules India Ltd.(up 1.06 per cent) and Aurobindo Pharma Ltd.(up 1.01 per cent) were among the top gainers.

rupee slipped 1 paisa to an all-time low of 84.40 against the US dollar in early trade on Thursday, weighed down by unabated foreign fund outflows and strong dollar demand from investors. Forex traders said the downward pressure on the USD/INR pair is largely driven by persistent inflation and significant foreign outflows. At the interbank foreign exchange, the rupee opened at 84.40 against the greenback, registering a fall of 1 paisa over its previous close.