Category: Government News

Proposed amendments are expected to lay down the framework for composite licenses, allowing insurers to offer multiple categories of insurance — life, health and general — under a single license Government is likely to introduce a bill during the monsoon session of Parliament to bring ‘transformative’ reforms to the insurance sector, including raising Foreign Direct…

SAEL, a firm that converts agricultural waste into clean energy, is gearing up for a public listing within the next 12 months, its CEO Laxit Awla said. The company is in the process of identifying merchant bankers to manage its maiden public issue. Speaking about the planned public issue, Awla told PTI that the proceeds…

Across India, farmers face mounting challenges—from erratic weather and soil degradation to pest infestations and volatile input costs.  | Photo Credit: RAO GN As global food systems evolve, India’s agricultural future depends not just on growing more, but on growing smarter. The path from farmer to food processor represents a powerful shift: one that can…

Apple Inc assembled $22 billion worth of iPhones in India in the 12 months ended March, increasing production by nearly 60 per cent over the previous year in a sign of continued diversification away from China. The Cupertino, California-headquartered company now makes 20 per cent, or one in five, of its prized iPhones in the…

A covered call involves a long position in an underlying and a short position in an out-of-the-money (OTM) call on the underlying. What if you substitute a futures contract for the underlying in the covered call? This week, we discuss when and how to use a futures contract against a short OTM call without incurring…

The pain, said Shuntaro Takeuchi, was 10 out of 10. Not in the portfolio of Japanese stocks he runs out of San Francisco, California, but in his appendix. It would have to come out, just as his colleagues at Matthews Asia were on a phone call to chart the $7 billion asset manager’s path through…

An artist’s concept shows a ring of hot gas left after a star consumed a planet, in this undated illustration. NASA’s James Webb Space Telescope observed such a ring and also found an expanding cloud of cooler dust enveloping the scene. | Photo Credit: NASA In May 2020, astronomers for the first time observed a…

In a significant diplomatic move, Iran and the United States resumed nuclear negotiations in Muscat, Oman — the first direct talks since Donald Trump returned to the White House. | Photo Credit: SJHASHI ASHIWAL Iran and the United States will hold more negotiations next week over Tehran’s rapidly advancing nuclear programme, Iranian state television reported…

A family health insurance should be the first line of financial defence. With employee insurance being increasingly offered as a perk, which covers the family too, it may be viewed as a replacement by many, but it can be erroneous. Firstly, a family health insurance is consistent in coverage and does not waver with a…