The key issue in deciding the claims under the final two policies was the actual date on which LIC received the first premium. Life Insurance Corporation (LIC) of India has been ordered to pay Rs 60 lakh cumulatively after a woman’s claim was rejected following her son’s death. The National Consumer Disputes Redressal Commission has…
MCX Gold has extended its decline from the previous week, continuing to trade lower through the current week. Gold and silver price prediction today: Gold prices are falling but buying on dips is the recommended strategy this week, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group, adding that silver prices will…
SBI hits back at 2.6% GDP growth claim, says numbers were compared incorrectly The State Bank of India (SBI) has rejected claims that India’s nominal GDP growth in the first quarter of FY27 was only 2.6%, saying the figure came from comparing two different versions of the GDP data.The pushback came after former finance secretary…
Trump’s face debuts on US currency, $1 coins run ‘out of stock’ within hours It’s America’s 250th birthday, and Donald Trump is making sure he gets a spot on the souvenir.A new $1 coin marking the anniversary went on sale Wednesday with the president’s portrait on one side and the Great Seal of the United…
The people said the ban does not affect voting rights of Tata Trusts’ nominee directors. Nominee directors, appointed under article 104B, owe their primary fiduciary duty to Tata Sons, and their voting rights under article 121A remain intact unless they resign or are formally removed. MUMBAI: Tata Sons’ board has cleared a fresh capital infusion…
Oil prices edged lower on Thursday after a volatile session, as investors assessed the latest US-Iran strikes and their impact on oil supplies through the Strait of Hormuz.Brent crude stood at $95.33 a barrel, down 30 cents or 0.31% while WTI or West Texas Intermediate was trading at $90.88 a barrel, down 13 cents or…
India’s private sector announced fresh investment projects worth Rs 15.4 lakh core NEW DELHI: Defying expectations, India’s private sector announced fresh investment projects worth Rs 15.4 lakh core in April-June quarter (Q1), a 97% jump compared to corresponding quarter of the previous financial year, latest CMIE data showed. This improvement in confidence was led by…
India’s auto industry is warning that its next big vulnerability may not be vehicle production, but dependence on imported high-value technologies New Delhi: India’s auto industry is warning that its next big vulnerability may not be vehicle production, but dependence on imported high-value technologies, with the chiefs of Hyundai Motor India and Maruti Suzuki calling…
Canada’s La Caisse (formerly CDPQ) has bought a 24% stake in Brookfield-backed Altius Telecom Infrastructure Trust MUMBAI: Canada’s La Caisse (formerly CDPQ) has bought a 24% stake in Brookfield-backed Altius Telecom Infrastructure Trust for about Rs 12,100 crore ($1.3 billion). Brookfield and its entities will remain the largest shareholder in the company with a 37%…
For many Indians these days, the real value of gold may lie not in keeping it locked away, but in unlocking it. They say old is gold, and indeed old gold is turning into a golden opportunity for families in India as prices of the yellow metal rise, yielding an asset that is now increasingly…