Sri Lanka Economic Crisis: A Member of Sri Lanka’s Ruling Party Was Found Dead!
Sri Lanka is experiencing unparalleled economic turbulence since gaining independence from the United Kingdom in 1948. A lack of foreign currency has contributed to the issue, since the country has been unable to pay for imports of basic goods and gasoline, resulting in severe...
Elon Musk Might Invest in India, According To Adar Poonawalla
Serum Institute of India Pvt. Ltd. is presently the world's largest vaccine maker, with more than 1.5 billion doses produced and marketed worldwide, including Polio vaccine, Diphtheria, Tetanus, Pertussis, Hib, BCG, r-Hepatitis B, Measles, Mumps, and Rubella vaccines. Around 65 percent of the world's...
The government may inject up to Rs 5,000 crore in extra capital into public sector general insurers
Public Sector Insurance
Life Insurance Corporation of India
The Insurance Act of 1956, which was passed by Parliament on September 1, 1956, merged 243 companies into the LIC of India. The Insurance Act of 1938, the LIC Act of 1956, the LIC Regulations of 1959, and...
In Downtown Delhi, BI Group & Oberoi Hotels Launching 19 Serviced Apartments
The Oberoi Group is a premium hotel conglomerate based in Delhi. The company, which was founded in 1934, owns and manages 31 luxury hotels and two river cruise ships in five countries under the Oberoi Hotels & Resorts and Trident brands. It began in...
An independent real estate expert, Hyderabad has surpassed Mumbai Metropolitan Region as the second most expensive housing market after the increase in average prices
In the fourth quarter of 2021, housing prices in Hyderabad increased by 7%. According to PropTiger, an independent real estate expert, Hyderabad has surpassed Mumbai Metropolitan Region as the second most expensive housing market after the increase in average prices. The jump in building...
Logix Insolvent? NCLT initiates insolvency proceedings against Logix City Developers
On May 2, the National Company Law Appellate Tribunal halted the National Company Law Tribunal's (NCLT) judgement initiating insolvency proceedings against Logix City Developers Private Limited. Homebuyers of Logix Blossom Zest, a project in Noida, filed an appeal against the NCLT judgement. The NCLAT...
Your EMIs are set to go up; why has RBI suddenly raised Repo rate by 40 bps?
Reserve Bank of India Governor Shaktikanta Das' unscheduled 15-minute statement today was nothing short of a (thunder)bolt from the blue. And like all thunder, it foretells stormy weather ahead.
First, even at 10 am when the RBI announced that the governor would deliver a statement...
PayTm Money is Bringing The LIC IPO to Retail Outlets
Paytm was the catalyst for India's Digital Revolution. You can recharge your phone, pay your bills, book flights and movie tickets, start a savings account, invest in stocks and mutual funds, and much more. We went on to become India's most popular payment app....
Economy to require till 2035 to overcome Covid misfortunes: RBI
India is likely to take another 13 years to overcome the losses incurred due to the Covid pandemic that hit the country in March 2020, says a Reserve Bank of India (RBI) report.
Taking the actual growth rate of (-) 6.6 percent for 2020-21, 8.9...
LinkedIn’s Data Appeal is Dismissed
The United States Court of Appeals for the Ninth Circuit has ruled against Microsoft-owned social network LinkedIn in its dispute with hiQ Labs over its right to prevent third parties from scraping publicly available data, the scope of data use legislation, and the potential...