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The insurance industry would need to have free access to the data generated by multiple sources including telematics, on-board diagnostic (OBD) devices, and adaptive cruise control (ACC) fill this void by monitoring vehicles in real-time through the use of sensors.

Use telematics to price motor policies: IRDAI

Premium may be linked to driving, social behaviour.

28 Nov 2019 1:42 AM IST

The combined effect of all this is that cement demand growth would taper to around 4 per cent in FY20 from 13.3 per cent in the previous fiscal.

Cement demand fails to pick up on multiple woes

In the northern and central regions, demand remained tepid due to slowdown in execution of government projects and...

28 Nov 2019 1:35 AM IST

And in the period ending June 30 - the first quarter of the current financial year - write-offs amounted to 445.77 billion rupees (USD 6.31 billion), the data showed.

Rupee settles 15 paise higher at 71.35 against US dollar

Forex traders said the rupee appreciated for the second straight day on foreign inflows in primary as well as secondary...

27 Nov 2019 5:44 PM IST

Share brokers at BSE celebrate strong Sensex performance. (Photo: PTI)

Sensex, Nifty scale fresh closing peaks; Yes Bank rallies over 7 pc

Sensex rose by 199.31 points or 0.49 per cent to end at a new life-time high of 41,020.61 as 24 of its constituents...

27 Nov 2019 4:20 PM IST

In the international market also, gold prices were trading higher at USD 1,502 an ounce and silver at USD 17.71 per ounce.

Gold falls by Rs 35; silver prices gain Rs 147

Gold had closed at Rs 38,538 per 10 gram on Tuesday.

27 Nov 2019 3:51 PM IST

Oil Minister Dharmendra Pradhan

Crude steel production capacity on increase in country

The capacity for domestic crude steel production expanded to 142.24 million tonnes in 2018-19, said Minister Dharmendra...

27 Nov 2019 3:12 PM IST

Sitaram Yechury

Govt must bring white paper on status of Indian economy: Yechury

Indian economy may have slowed for the sixth consecutive quarter in July-September to 4.7 per cent, India Ratings report...

27 Nov 2019 12:58 PM IST

And in the period ending June 30 - the first quarter of the current financial year - write-offs amounted to 445.77 billion rupees (USD 6.31 billion), the data showed.

Rupee rises 10 paise to 71.40 against USD in early trade

Forex traders said easing crude oil prices supported the rupee.

27 Nov 2019 11:11 AM IST

Over the last week, the 30-share BSE Sensex zoomed 1,106.97 points or 2.83 per cent. (Photo: File)

Sensex rises over 200 points; Nifty tests 12,100

The 30-share Sensex was trading 207.41 points, or 0.51 per cent, higher at 41,028.71 in morning session.

27 Nov 2019 10:52 AM IST

In 2017-18, UAE imported 21 per cent of Indias total cashew exports and became the largest importer of the nut.

Emirates offers Indian cashew delicacies to pax

Nearly 22 per cent of this revenue comes from cashew exports to the UAE, where Emirates is based.

27 Nov 2019 2:34 AM IST

Chennai-based TVS Motor Co on Wednesday reported 30.63 per cent jump in standalone net profit to Rs 165.61 crore for the March quarter riding on robust sales growth.

TVS Motor drives in new Apache range

The Apache RTR 160 4V (drum) has been launched at Rs 99,950, while the RTR 160 4V (disc) has been priced at Rs 1.03...

27 Nov 2019 2:32 AM IST

The agency also said that these firms have limited ability to incur fresh debt at their current rating levels.

Sical to sell or hive off businesses to pare debt

Such sale shall be for a price based on valuation and made either through strategic sale or slump sale.

27 Nov 2019 2:31 AM IST