Who is R Doraiswamy? Meet LIC’s new MD & CEO; replaces interim CEO Sat Pal Bhanoo

[ad_1] The government has appointed R Doraiswamy as the new Managing Director and Chief Executive Officer of Life Insurance Corporation of India (LIC), the state-run insurance giant.A notification issued by the Department of Financial Services on Monday confirmed the appointment, following the approval of the Appointments Committee of the Cabinet chaired by the Prime Minister,…

Read More

Move away from US: China exports emerge strong despite Donald Trump’s tariff chaos; is the record trade surplus sustainable?

[ad_1] China achieved a historic trade surplus of approximately $586 billion in the first six months of the year. (AI image) China seems to have diversified its export markets away from the US, reporting a record trade surplus despite the global turmoil and uncertainty created by American President Donald Trump’s tariff war.China achieved a historic…

Read More

US markets today: Wall Street dips after Donald Trump announces new tariffs on EU and Mexico, investor eye earnings season

[ad_1] US stock markets edged lower Monday after President Donald Trump announced sweeping new tariffs on goods from the European Union and Mexico, raising concerns about renewed trade tensions. Despite the early pullback, major indexes remained near record highs as investors assessed the likelihood of a negotiated outcome before the August 1 deadline.The S&P 500…

Read More

US markets today: Wall Street dips after Donald Trump announces new tariffs on EU and Mexico, investor eye earnings season

[ad_1] US stock markets edged lower Monday after President Donald Trump announced sweeping new tariffs on goods from the European Union and Mexico, raising concerns about renewed trade tensions. Despite the early pullback, major indexes remained near record highs as investors assessed the likelihood of a negotiated outcome before the August 1 deadline.The S&P 500…

Read More

India-US trade deal: Indian team reaches Washington DC for fresh round of talks; Donald Trump’s tariff deadline nears

[ad_1] India and the United States aim to resolve disagreements in key sectors, particularly agriculture and automobiles. (AI image) India-US trade deal: As US President Donald Trump’s fresh reciprocal tariff deadline of August 1, 2025 nears, a senior delegation from India’s Commerce and Industry Ministry has landed in Washington DC. The team will look to…

Read More

‘You don’t even know basics’: Pilots’ Association objects to Air India crash probe report; says ‘not happy with investigation, unfairly blames crew’

[ad_1] NEW DELHI: The Airline Pilots’ Association of India (ALPA) on Monday raised concerns over the Aircraft Accident Investigation Bureau’s (AAIB) preliminary report on the Air India 171 crash, saying they were “not happy” with the investigation.Speaking to news agency PTI, ALPA India president Sam Thomas said, “The timing of the release of document was…

Read More

Jane Street Sebi ban: F&O trade volumes drop nearly 20%; both BSE and NSE shares take a hit

[ad_1] NEW DELHI: India’s booming futures and options (F&O) market saw a sharp dip in trading activity last week, with volumes dropping by nearly 20%, following Securities and Exchange Board of India’s (Sebi) ban on New York-based quantitative trading firm Jane Street over alleged market manipulation.The daily average turnover in index options on the NSE,…

Read More