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Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Govt keen on insurance merger

The move came soon after the incumbent Dr N Srinivasa Rao was appointed as economic advisor at the Rural Development...

20 Feb 2019 2:45 AM IST

Reliance Industries plans to shut oil and gas production at its main fields in KG-D6 block in the coming months.

Oil & gas prospects looking up: Technip

According to Balvalli, the current major challenge the Modi government faces is to ensure internal energy security.

20 Feb 2019 2:43 AM IST

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

Kaveri Seeds stock tumbles 10 per cent

Kaveri Seeds is the largest producer of hybrid cotton seeds in India.

20 Feb 2019 2:41 AM IST

(Budha Chandra)

Hotels, travel service providers at war

A few months back hotels in Gujarat and some parts of Maharashtra had taken similar action against the travel tech...

20 Feb 2019 2:37 AM IST

Health insurance is not just another tax-saving header. It is a necessity. If you are without a health cover today, you are taking a risk. A sudden hospitalisation can be potentially worth lakhs of rupees.

Standard health cover for individuals on cards

This mandatory standard product can also be offered on family a floater basis.

20 Feb 2019 2:34 AM IST

The CPSE ETF comprises of 10 Maharatnas and Navratnas, with a firm focus on the energy sector. The Bharat 22 ETF is a lot more diversified, with 22 stocks from six sectors. In both funds, the majority of the underlying stocks are among the biggest corporate entities of India.

Fund raising via equity dips 60 per cent

Experts feel that the companies will be holding back their fund raising plans till the general elections are over.

20 Feb 2019 2:31 AM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Gold prices seen moving beyond Rs 35,000 this year

Some analysts predict that prices can go up even to $1,525 per ounce and Rs 37,000 in the best case scenario for the...

20 Feb 2019 2:29 AM IST

An entity will now be considered a startup up to 10 years from its date of incorporation/ registration instead of the existing period of seven years.

Stratup definition, angel tax threshold expanded

Now an entity would be considered as a startup up to a turnover of Rs 100 crore as against the earlier limit of Rs 25...

20 Feb 2019 2:27 AM IST

JSW Energy has diversified businesses in carbon steel, power, mining, industrial gases, port facilities, cement and information technology sectors.

JSW Cement to invest Rs 2,000cr to take capacity to 20mt by'20

The city-based company is also likely to begin the work on the much-awaited initial public offer from this December.

19 Feb 2019 5:54 PM IST

On the traded volume front, 12.16 lakh shares were traded on BSE, while over 80 lakh on NSE.

Emami shares zoom nearly 15 per cent as promoters sell stake

The company's shares advanced 14.80 per cent to close at Rs 407.60 on BSE.

19 Feb 2019 5:40 PM IST

Ralhan said that petroleum exports which has a major contribution in the exports basket has continued to growth with a positive growth of well over eight per cent. (Representational Image)

WTO warns of global trade slowdown as indicator hits 9-year low

The WTO's quarterly outlook indicator, a composite of seven drivers of trade, showed a reading of 96.3, the weakest...

19 Feb 2019 5:33 PM IST

Electric car maker Teslas CEO Elon Musk gives the opening keynote at the SXSW Interactive Festival in Austin, Texas. (AP Photo/Jack Plunkett, File)

'Micromanagement: Misunderstood?'

Musk has been asked by some investors to appoint a COO instead of trying to solve all of the company's problems on his...

19 Feb 2019 5:25 PM IST