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insurance companies are awaiting regulatory clarity on investment limit norms for purchases of bonds of HDFC Ltd, the Reserve Bank of India is yet to approve a request made by the erstwhile housing financier before the merger with HDFC Bank to classify outstanding long-term bonds as infrastructure debt. Two people familiar with the dialogue between the RBI and HDFC Bank said that communication continues regarding the matter, which has key implications for permissible exposure limits of insurance companies' debt investments. «There have been some more clarifications sought by the regulator as recently as July which have been answered.

Twin Star Holdings — one of the promoters of Anil Agarwal-owned Vedanta Ltd — will be selling a 4.3% stake in the company through block deals Thursday, documents reviewed by ET showed. The shares will be sold at a floor price of ₹258.50 a share, which translates into more than a 5% discount to Wednesday's closing price of ₹272.80 on the National Stock Exchange.

BEIJING — Ask young people about the Chinese job market, and the frequent answer is things are more difficult this year.

The rising cost of living coupled with dissatisfaction at work are prompting more Canadians to consider quitting their jobs — threatening to usher in a fresh wave of the so-called Great Resignation.

New rules governing when publicly traded companies must report serious cyberattacks to financial regulators center on materiality. Executives disagree on whether the concept is as simple as it seems. The U.S.

Trump faces District Judge Tanya Chutkan for his alleged involvement in the 2020 election interference, he might encounter a familiar adversary. In 2021, Judge Chutkan thwarted his attempts to prevent a Congressional committee from accessing his administration's White House records with the memorable statement: «Presidents are not kings, and Plaintiff is not president.» Chutkan’s ruling breathed new life into the congressional investigation, which has now come full circle with the case brought against Mr. Trump by Special Counsel Jack Smith landing in her court randomly. This assignment could be concerning for Mr. Trump's legal team as Judge Chutkan, aged 61, has developed a reputation for delivering harsh sentences to those found guilty of involvement in the riots over the past two years.

Drivers are in for another headache at the pump as U.S. gas prices continue to rise

The new president of the United Auto Workers says the union will present a long list to General Motors, Ford and Stellantis when it delivers economic demands to the companies this week

The former CEO of a respected South Carolina bank will spend seven years in federal prison for helping Alex Murdaugh steal nearly $2 million from clients' legal settlements

Floriana Peroni’s vintage clothing store had to close for a week during Europe’s heat wave last month

Equitable Bank reported its best ever quarterly earnings per share in the second quarter as high interest rates push Canadians to look for alternatives to traditional banking.

NEW DELHI : InterGlobe Aviation Ltd, the operator of India’s largest airline IndiGo, reported record quarterly profit and revenue on robust demand for air travel, lower fuel costs, and favourable foreign currency movement. Net profit rose to ₹3,090.6 crore in the quarter ended 30 June from a loss of ₹1,064.3 crore. Total income rose by 32% to ₹17,161 crore from a year earlier.

ANI, “Several districts are likely to receive extremely heavy rainfall in the next 2 days. In the next 24 hours, heavy rainfall is likely in North Odisha districts and other districts.

Congress leader Rahul Gandhi Wednesday told the Supreme Court that he will not apologise for his remark. And if he wanted to compound the offence, he could have done it much earlier.

Supreme Court Wednesday directed police and civil authorities in Haryana and Delhi to ensure no hate speech is rendered or violence breaks out during rallies proposed to be taken out by right-wing Hindu groups including Vishwa Hindu Parishad (VHP) to protest against the communal violence that broke out in Nuh in Haryana. A bench headed by Justice Sanjiv Khanna, however, refused to stay a proposed VHP rally on Wednesday. The bench emphasised that the state authorities must ensure compliance with the Supreme Court's earlier ruling against hate speech.

₹5-10 lakh. Even regular daily treatments are very expensive. Prashanth Manikananda (49) from Thalakkad, Kerala, has been suffering from type 1 diabetes—a chronic condition in which the pancreas produces little or no insulin—for many years now.

(Reuters) — Record low unemployment in June highlighted Russia's stark labour shortage, statistics data showed on Wednesday, even as the rebound from last year's economic slump continued with double-digit jumps in wage growth and retail sales.

By Karl Plume

MUMBAI : Brookfield India Real Estate Trust (BIRET) has raised over ₹2,305 crore through qualified institutional placement. The significant investor interest led to a 50% upsizing of the offer, the company said. The base size of the issue was around ₹1,500 crore.

By Laura Sanicola

NEW DELHI : There should be no hate speech or violence at a series of protests planned by the Vishwa Hindu Parishad (VHP) in Delhi and the national capital region (NCR) to protest against the sectarian violence over the past few days in Haryana’s Nuh district, the Supreme Court told the Centre, Haryana, Uttar Pradesh and Delhi on Wednesday. It was responding to an urgent application fby one Shaheen Adbullah in a pending matter, also filed by him, to curb instances of hate speech across the country.