Business
Reinsurance buffers crash claim, Tata AIG logs Rs 1,008 crore profit Updated: 2026-06-13 00:46:58 | Source: timesofindia.indiatimes.com MUMBAI: Tata AIG General Insurance reported a net profit of Rs 1,008 crore for FY26 despite facing the largest claim in Indian aviation history last year. The company’s books were protected due to its conservative policy of reinsuring…
Strong domestic travel since West Asia war: Marriott Updated: 2026-06-12 00:43:08 | Source: timesofindia.indiatimes.com Strong domestic travel has again saved the day for Indian hospitality, although the West Asia war has impacted inbound traffic to the country, like many others globally.“Over 40% of people flying to India (and other parts of Asia from the west)…
Government may hold off on higher ethanol mandate Updated: 2026-06-10 22:24:20 | Source: timesofindia.indiatimes.com NEW DELHI: The government may not immediately mandate a higher level of ethanol blending but leave it to buyers to decide on flex fuel vehicles amid concerns that rushing from E20 to E25 will damage engines of existing vehicles.Most cars and…
Government kicks off bourse-based coal trading; rules notified Updated: 2026-06-09 23:13:17 | Source: timesofindia.indiatimes.com NEW DELHI: The government has formally opened the door for exchange-based coal trading in India by notifying the Coal Exchange Rules 2026, laying down a regulatory framework for setting up and operating coal exchanges aimed at bringing greater transparency, competition and…
Disinvestment push: Government to sell up to 3% stake in NLC India at Rs 303 per share Updated: 2026-06-08 17:00:21 | Source: timesofindia.indiatimes.com The government will divest up to a 3% stake in state-owned NLC India Ltd through an offer for sale (OFS), with the floor price set at Rs 303 per share, nearly 10%…
Net-zero challenge: Sustainable aviation fuel account just 0.8% of aviation fuel use in 2026, says IATA Updated: 2026-06-07 17:57:17 | Source: timesofindia.indiatimes.com Global production of Sustainable Aviation Fuel (SAF) is expected to reach around 2.4 million tonnes in 2026, accounting for just 0.8% of total aviation fuel consumption, highlighting the scale of the challenge facing…
5 ways IBC transformed India’s corporate rescue system over the past decade Updated: 2026-06-06 11:25:12 | Source: timesofindia.indiatimes.com AI generated representative image Ten years ago, India’s insolvency landscape was defined by stalled projects, endless litigation, weak recoveries and mounting bad loans. Companies remained trapped in legal limbo for years, banks struggled to recover dues, and…
GDP rose 7.7% in FY26, 7.8% in Q4; RBI trims this year’s projection to 6.6% Updated: 2026-06-05 21:34:54 | Source: timesofindia.indiatimes.com NEW DELHI: The Indian economy grew 7.8% in the Jan-March quarter as strong investment, sustained farm production and expansion of the construction and tertiary sector led to a robust demand, offsetting the anticipated adverse…
India, US look at non-tariff measures Updated: 2026-06-04 20:57:30 | Source: timesofindia.indiatimes.com NEW DELHI: India and the US have discussed issues going beyond trade in goods to include non-tariff measures, customs and trade facilitation and economic security alignment, among other issues, an official statement said Thursday.A team from USTR office was in India since Monday…
Grid stability, large-scale integration of renewable energy discussed in Parl panel meet Updated: 2026-06-03 15:00:32 | Source: timesofindia.indiatimes.com New Delhi: Emerging requirements of grid stability amid India’s growing electricity demand, large-scale renewable energy integration, and the increasing share of inverter-based generation resources and bulk loads were discussed in a meeting of the parliamentary consultative committee…