FDI reform push: Cabinet clears bill to raise foreign investment in insurance to 100%; key guardrails, LIC changes included

[ad_1] The Union Cabinet on Friday approved a bill to raise the foreign direct investment (FDI) cap in the insurance sector to 100 per cent, a major change aimed at deepening insurance penetration and accelerating sectoral growth, PTI reported citing sources.The proposed legislation — the Insurance Laws (Amendment) Bill, 2025 — is among 13 bills…

Read More

Coal policy reform: Cabinet okays CoalSETU window for auction-based linkages; new route to allow industrial use and export

[ad_1] The Cabinet Committee on Economic Affairs on Friday approved a new policy framework called the CoalSETU window, creating an additional auction route for long-term coal linkages for any industrial use and exports, according to an official release.The decision modifies the existing Non-Regulated Sector (NRS) Linkage Auction Policy of 2016, which restricts linkages to specified…

Read More

US rental aid update: Section 8 landlord payments resume after shutdown delay; $1,500 checks begin rolling out

[ad_1] Americans are being advised to monitor their bank accounts as landlord subsidy payments of up to $1,500 under the Section 8 rental assistance programme begin to roll out, following delays triggered by the recent federal government shutdown, according to an ET report. The payments, formally known as Housing Assistance Payments, support low-income households, seniors…

Read More

The TerraUSD scam: South Korean entrepreneur Do Kwon faces 15 year jail time; what was the ‘epic fraud’?

[ad_1] Do Kwon, a cryptocurrency entrepreneur once celebrated for building the TerraUSD and Luna digital tokens, is now beginning a 15-year stretch in a US federal prison. But how did the South Korean businessman ended up with a jail sentence? The 34-year-old, who co-founded Singapore-based Terraform Labs and promoted his coins as stable, innovative and…

Read More

Silver price today: Silver crosses Microsoft’s m-cap to become fifth-largest asset in the world; check details

[ad_1] Silver has evolved from a stable commodity to become one of the most significant and monitored assets globally. (AI image) Silver price today: Silver has surpassed Microsoft to claim the spot of fifth-largest asset globally by market capitalisation, establishing a significant milestone for this precious metal. The performance of silver in 2025 has been…

Read More

Trump sanctions hit! Russia records lowest oil exports since Ukraine conflict; revenue falls to $11 billion

[ad_1] Russia’s oil exports crashed to their lowest point since the Ukraine war began, weighed down by buyers moving away from Moscow amid tightened US sanctions and Kyiv’s escalating attacks. In its latest assessment, the International Energy Agency (IEA) noted that Russian oil exports declined by 420 kb/d in November, pulling total shipments down to…

Read More

IMF slaps Pakistan with 11 more conditions! $7 billion bailout on line; total regulations stand at 64

[ad_1] The International Monetary Fund hit Pakistan with 11 fresh conditions, linked to its $7-billion bailout programme. The latest directives, revealed in the Fund’s staff-level report for the second review released on Thursday, push the total number of conditions to 64 across the span of 18 months, according to the Express Tribune.The new measures target…

Read More