Private life insurers experienced reasonable growth in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24), and the October data is also encouraging. The individual weighted received premium (WRP) for private players grew by […]

The U.S. Department of Energy has announced $42 million for 15 projects across 11 states to improve the reliability, resiliency, and flexibility of the domestic power grid through the development of next-generation semiconductor technologies. Funded […]

Most telcos say the speed will surpass fixed broadband as the 5G roll out, which is currently on 360,000 towers, crosses 400,000. Within a year of the launch of 5G, the download speeds on smartphones […]

The automobile sector, which represents big-ticket consumption, continues to do well and has increased its share in corporate revenues and profits while fast-moving consumer goods (FMCG) companies that sell low-ticket consumer goods are struggling with […]

HSBC is facing a “hit” of more than £6.3billion as a result of unsecured commercial property loans into China, a UK-based tax consultant has warned. Bob Lyddon branded the situation a ‘disaster’ – and warned […]

The Indian equity markets have significantly increased in importance within the emerging market (EM) basket of stocks in recent years. Since 2018, India’s weighting in the Morgan Stanley Capital International (MSCI) EM Index — tracked […]

The Reserve Bank of India’s latest order prohibiting Bajaj Finance from sanctioning and disbursing loans under its ‘eCOM’ and ‘Insta EMI Card’ products may not have serious implications on the non-banking finance company’s profitability, provided […]

UPL, the country’s largest agrochemical company, had a weak July-September quarter (Q2), reporting a sharp fall in revenues across geographies. Overall, the revenues were down 19 per cent on the back of lower agrochemical prices […]

A summit between the Presidents of the United States and China has paved the way to improve relationship between the two major economic powers in a number of areas. During their four hours-long meeting in […]

Shares of Alstom SA were losing more than 19 percent in the morning trading in Paris after the French rolling stock maker reported Wednesday negative cash flow and weak orders in its first half, despite […]