Mukesh Ambani owned Reliance responds to allegations involving Musk’s Starlink NEW DELHI: Reliance Industries has welcomed Elon Musk’s Starlink to India, saying it has never feared competition and that its own satellite services are also in the queue.The statement comes as a response to Musk’s repeated allegations that vested interests were obstructing Starlink’s entry into…
MUMBAI: Irdai is exploring ways to finance life insurance premiums against policy surrender values to help policyholders avoid premature surrenders and retain policies until maturity, chairman Ajay Seth said at Samvaad 2026, organised by Sahamati, the self-regulatory organisation for account aggregators.Many policyholders surrender policies when they need money or face a temporary income shortfall, particularly…
Mistry responded with a submission on Thursday, asking Bai Hirabai to file an affidavit stating that Noel Tata met the eligibility criteria. MUMBAI: Mehli Mistry has no standing to challenge how two Tata trusts are run, the trusts told the charity commissioner’s office on Thursday. Sir Dorabji Tata Trust (SDTT) and Bai Hirabai Jamestji Tata…
Air India is forming a dedicated team to identify cost-saving opportunities in operations while facing significant challenges. NEW DELHI: Air India MD and CEO Tewolde Gebremariam has set up a “multidisciplinary, cross-functional cost savings team” to find all possible ways and means of reducing expenditure on “full-time basis” amid mounting losses. Air India reported a…
The gains came despite strong foreign fund selling but aided by some end-of-the-session short covering by speculators who wanted to cut their losses, market players said. MUMBAI: Sensex and Nifty rallied sharply on Thursday even as most Asian markets were deep in the red as investors said that India’s relatively lower valuation compared to its…
Mumbai: Union Minister for Commerce and Industry Piyush Goyal with Canada’s Minister for International Trade Maninder Sidhu during a reception for the Team Canada trade mission to India, in Mumbai. (PTI Photo/Shashank Parade)(PTI10_14_2026_000578B) Trade with China rose about 29%to $91.8 billion in April-Sept, making Beijing the largest trading partner in the first half Mumbai: Union…
Sequentially, the UR for people aged 15 and above remained steady at 5% for the secondstraight month NEW DELHI: India’s unemployment rate (UR) fell to 5% in Sept, compared with 5.2% a year ago, even as the labour force participation rate (LFPR) improved in the country, particularly in rural areas, according to the monthly periodic…
Reliance Jio Infocomm chairman Akash Ambani and non-executive director Isha Ambani at the IPO announcement in Mumbai Thursday MUMBAI: In the biggest reshuffle in the country’s corporate rankings in decades, Reliance Industries (RIL) Group is all set to overtake Tata Group as India’s most valuable conglomerate, once Jio Platforms lists.The proposed listing, at an estimated…
Foreign inflows lift India’s BoP surplus (representative image) India’s overall balance of payments (BoP) recorded a surplus of $45.4 billion in August 2026, compared with a deficit of $5.6 billion in the same month last year, as foreign currency inflows, particularly non-resident Indian (NRI) deposits, rose sharply, according to Reserve Bank of India (RBI) data.The…
The man said that he had invested the entire Rs 1.95 crore from the sale in purchasing another residential flat at a different location. (Image for representative purpose only) You buy a flat and after some years the housing society gives it for redevelopment. You then sell the redeveloped flat within days of getting it…
