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In this modern era of smart banking and digital finance, credit card has no longer become just a luxury but a necessity for every sensible person. At a time when most of the banks are launching expensive and heavy annual fee credit cards in the market, this new credit card available at a nominal joining … Read more
SUMMARY IRDAI has extended the deadline for feedback on its proposed insurance distribution reforms to October 31 from October 25, after receiving over 650 comments The proposed commission caps and lower expense limits have faced opposition from insurance brokers, who warn of revenue losses and potential job cuts The reforms could take effect as early … Read more
New Delhi: The Department of Commerce has extended the timelines under ‘Component II of RELIEF (Resilience & Logistics Intervention for Export Facilitation)’, a time-bound intervention under the Export Promotion Mission (EPM), until March 31, 2027, to provide risk coverage to export shipments due to the continuing Middle East conflict, according to an official statement issued … Read more
A money changer counts U.S. dollar banknotes at a currency exchange office in Ankara, Turkey, Nov. 11, 2021. Photo by Reuters The U.S. dollar strengthened against the Vietnamese dong on Monday while holding mostly steady against major peers. Vietcombank sold the greenback at VND26,050, a 0.12% increase over the weekend. The currency also rose at … Read more
Sensex falls 134 points, Nifty slips below 22,600 amid crude oil prices and West Asia tensionsInsertgram Domestic equity benchmarks opened lower on Monday, weighed down by selling pressure in information technology (IT) stocks, with the Nifty IT index emerging as the worst-performing sectoral index. The Sensex opened at 72,990.04, declining 133.79 points, or 0.18 per … Read more
The move comes after the US-Israeli war with Iran severely disrupted energy supplies to Asia shipped through the Strait of Hormuz, prompting countries to draw down inventories and raising concerns about stockpile levels globally. Asia imported two-thirds of its oil supplies from the Middle East before the war. “Saudi Arabia and Singapore are announcing our … Read more
In a major development for the Mumbai aviation sector, domestic carriers IndiGo and the Air India Group have agreed to relocate nearly one-third of their international flights from Chhatrapati Shivaji Maharaj International Airport (CSMIA) to the new Navi Mumbai International Airport (NMIA) starting between January and the summer of 2027. The decision breaks a unified … Read more
Chinese smartphone manufacturers are losing their grip on the Indian market as soaring memory-chip prices make affordable smartphones more expensive to produce. The rising cost of components has forced several major brands to reduce their budget-phone offerings, creating an opportunity for Indian manufacturers to attract price-conscious buyers. According to market research firms Omdia and Counterpoint … Read more
A very big and shocking news is coming out from the international energy market and geopolitics of the Middle East at this time. Saudi Arabia, one of the world's largest oil exporting countries, now appears to be in deep crisis and panic regarding its oil security. Fearing continuous missile and drone attacks by Iran-backed Houthi … Read more
New Delhi. Vivo has launched its new Vivo S2 FE 5G smartphone in the Indian market. The biggest feature of this phone is its large 10,000mAh battery. With this the company has provided 120Hz AMOLED display and MediaTek Dimensity 7300e processor. The phone has been specially introduced keeping in mind long battery life and better … Read more