Business

India’s passport climbs several ranks in world’s most powerful passports rankings; US, UK no longer powerhouses – top points to know

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India’s passport has improved in the Henley Passport Index, granting access to over 60 nations without prior visas. Asian countries like Singapore, Japan, and South ...

RBI proposes standardised claim settlement for deceased customers; 15-day deadline, penalties for delay

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The Reserve Bank of India (RBI) has proposed standardised forms and a uniform process for settling claims related to deceased customers’ bank accounts, lockers, and ...

JM Financial stake sale: Company to sell 2.1% in home loans unit to Bajaj Allianz Life; Rs 65.5 crore deal to close by August 31

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JM Financial Credit Solutions will sell a 2.1% stake in its home loans subsidiary to Bajaj Allianz Life Insurance for ₹65.5 crore. The deal, expected ...

Crop insurance boost: Agriculture minister Shivraj Singh Chouhan to transfer Rs 3,200 cr PMFBY claims on Monday; new rules bring faster payouts

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Agriculture Minister Shivraj Singh Chouhan will digitally transfer ₹3,200 crore in crop insurance claims to 30 lakh farmers under PMFBY at an event in Rajasthan. ...

Aviation market: India is ‘interesting’ and key to growth, says Malaysia Airlines; aims to be core service link without domestic JV

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Malaysia Airlines views India as a key market, generating significant revenue and passenger volume. The airline aims to be a core service provider connecting India ...

Gold rate outlook: Gold may extend rally amid macroeconomic uncertainty; analysts flag tariffs, central bank buying as key drivers

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Gold prices are expected to rise further due to macroeconomic uncertainty, trade tensions, and central bank buying. Analysts are closely monitoring upcoming economic data releases ...

Steel safeguard push: Industry seeks anti-dumping duties on cheap imports, flags urgent need amid trade uncertainties

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The Indian stainless steel industry wants anti-dumping duties. They are concerned about cheap imports. These imports come from countries like China and Vietnam. The industry ...

Adidas designer Willy Chavarria regrets ‘Oaxaca slip-on’; accused of copying Mexican design

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Willy Chavarria, a US designer, expressed regret over an Adidas sandal design. The design allegedly copied a traditional Oaxacan pattern. Mexican authorities complained about the ...

Policy dilemma: ‘We need to think hard’ on whether Russian oil imports are worth it; Nobel laureate Abhijit Banerjee links issue to US tariff removal

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Nobel laureate Abhijit Banerjee suggests India reassess Russian oil imports due to increased US tariffs, potentially impacting $27 billion in exports. He proposes leveraging trade ...

CII’s land reforms pitch: Industrial body calls for GST-like Council, uniform stamp duty; integrated land authorities and digitization also proposed to boost investment

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The Confederation of Indian Industry (CII) proposes comprehensive land reforms, including a GST-like council for coordinated policy and standardized stamp duty rates between 3-5% nationwide, ...