NEW DELHI: The price situation in the country remains comfortable and it is unlikely to see any significant surge against the backdrop of the West Asia conflict, top officials said, asserting that the Centre is keeping a close watch and working to ensure steady supplies.Key ministries are tracking the situation daily and the Prime minister’s…
Dubai’s Property Boom Has a Secret Engine: Indian Investors Dubai’s real estate market continues to soar in 2026 and one group of buyers is playing a defining role in keeping the momentum alive: Indian investors. From luxury waterfront apartments to mid-market homes, buyers from India are emerging as the largest foreign force behind the emirate’s…
MUMBAI: Star Health Insurance, the largest health insurance company in the country, expects most cashless hospitalisation claims to be settled straight through using artificial intelligence within two years. Currently, a fifth of the claims are settled using AI helping the company meet the timelines for pre-admission and post-discharge hospitalisation.A directive from the regulator requires completion…
MUMBAI: Axis Bank has entered into an agreement with Max Financial Services to pursue a listing of their life insurance joint venture, Axis Max Life Insurance, by April 2027, potentially through a merger of Max Financial into the insurer. The agreement outlines a sequence of options to unlock value from the insurance business, with the…
Saudi Aramco jumped the most since April 2023 on Sunday as the Iran war entered its second week, prompting supply disruptions that may send oil prices higher when global markets reopen. Shares of the state-backed oil giant climbed as much as 4.9% in Riyadh before paring gains to close up 4.1%, on the first day…
NEW DELHI: Railways has proposed two major amendments to its over a decade-old public private partnership (PPP) policy to bring greater certainty in recovery of private investment and reduce risk. The changes will include offering a 50-year concession period and railways taking the entire responsibility of land acquisition.Officials said the revised policy is crucial, considering…
NEW DELHI: India’s official statistical machinery is set to better its estimation of district domestic products (DDP), with the availability of more granular data in the new GDP series, statistics secretary Saurabh Garg told TOI.“We have given more focus on having more granular data in this series, so that state domestic products are captured much…
HYDERABAD: I-T sleuths on Sunday launched a pan-India survey of around 70 restaurants, including some in Delhi and Mumbai, to scan alleged billing software manipulation for suppression of sales and lower tax payments.The sales concealment for the 70 outlets is around Rs 700 crore, part of a wider understatement of Rs 70,000 crore linked to…
US financial services company Charles Schwab has leased about 340,000 sft of office space in Hyderabad, with capacity to accommodate around 2,000 employees, according to documents sourced from real estate analytics platform Propstack.The brokerage firm had earlier incorporated a new legal entity, Charles Schwab Services India (Schwab India), and established an employment centre in Hyderabad.“The…
Stranded UAE Workers: What Happens to Your Job and Salary Amidst Regional Instability? Thousands of residents across the United Arab Emirates have recently found themselves unexpectedly stranded outside the country due to flight disruptions, airspace closures and regional instability amid Iran vs US-Israel war. For many employees working in the UAE, the sudden inability to…
