Parliament has approved a major reform allowing 100 per cent foreign direct investment (FDI) in India’s insurance sector, raising the existing cap of 74 per cent. The decision was taken through amendments to insurance-related laws with the objective of expanding capital availability,
India has initiated talks with Mexico after proposed tariff increases threatened to impact nearly $2 billion worth of Indian exports, officials said. The discussions are taking place at the technical level, with India seeking ways to prevent higher duties from affecting key export sectors. Mexico has announced plans to impose higher import tariffs on countries […]
India’s exports recorded their fastest growth in three years, defying concerns over higher tariffs imposed by the United States under President Donald Trump. Official data shows that outbound shipments grew strongly in recent months, driven by resilient demand from key markets, especially the US, and improved competitiveness of Indian goods. Government officials said the
India’s trade deficit narrowed to $24.53 billion in November, helped by a moderation in imports and relatively stable export performance. The improvement marked a reduction from the wider deficit recorded in the previous month, offering some relief to policymakers monitoring external sector pressures. Officials said the narrowing of the gap was largely driven by a […]
SpaceX has begun early-stage discussions with Wall Street banks as it explores the possibility of a future initial public offering, according to people familiar with the matter. Senior executives at the Elon Musk-led aerospace company have reportedly started the process of sounding out major investment banks to assess market interest and potential valuation scenarios. The
Microsoft India and South Asia President Puneet Chandok has said artificial intelligence will transform how jobs are performed rather than eliminate them, pushing back against fears of large-scale job losses due to automation. Speaking on the impact of AI on the workforce, Chandok said technology has historically changed the nature of work and AI will […]
E-commerce logistics platform Shiprocket has filed an updated draft red herring prospectus with the Securities and Exchange Board of India for its proposed initial public offering worth ₹2,342.3 crore. The filing brings the Gurugram-based company closer to a public listing, as it seeks to tap capital markets amid continued growth in India’s digital commerce ecosystem. […]
The Labour Ministry has clarified that provident fund contributions on wages exceeding ₹15,000 per month will continue to be voluntary and are not mandatory under existing or proposed labour regulations. The clarification was issued amid concerns among salaried employees that changes in labour laws could lead to higher compulsory PF deductions and reduced take-home pay.
The Union Cabinet has approved a bill to raise the foreign direct investment limit in the insurance sector to 100 percent, marking a significant shift in India’s policy framework for the industry. The proposal seeks to amend existing insurance laws to allow complete foreign ownership of insurance companies operating in India, subject to regulatory safeguards. […]
Indian equity markets closed higher on December 12 as buying interest returned across key sectors. The BSE Sensex ended the session with solid gains, while the Nifty 50 comfortably held above the 26,000 level. The recovery came after recent volatility, with investors responding positively to supportive global cues and improved domestic sentiment. Sectoral Stocks Lead […]















