Prime Minister Narendra Modi’s administration is addressing a $346 billion debt through longer-dated sovereign bonds with a growing influence of households investing in insurers. This shift has led to a focus on long-term debt sales and substantial participation by insurance…
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The Insurance Regulatory and Development Authority of India (IRDAI) has identified serious lapses in the claim settlement practices of Star Health and Allied Insurance. The insurer also has the highest number of customer grievances amidst its industry peers , and…
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US consumer confidence fell for a fourth straight month in March, according to survey data published Tuesday, hitting its lowest level since the midst of the pandemic in 2021. “Consumer confidence declined for a fourth consecutive month in March, falling…
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DLF Ltd has acquired nearly 50% of its arm DLF Urban Private Limited for Rs 497 crore from Singapore’s Reco Greens, giving DLF full ownership. DLF Urban has developed a luxury housing project in New Delhi. The acquisition increases DLF’s…
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JSW Steel has become the world’s most valuable steelmaker, surpassing Nucor Corp, after its market capitalisation crossed $30 billion. The stock hit an all-time high amid strong performance by Indian steelmakers, driven by government-backed industry protection measures. JSW Steel now…
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US President Trump may impose copper tariffs within weeks, rather than awaiting the 270-day deadline. The tariffs could be up to 25%, significantly affecting global copper markets and causing record-high prices. The market anticipates the tariffs, but uncertainty remains regarding…
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