MUMBAI: Public sector insurers led by GIC Re and New India Assurance have anchored the Bharat Maritime Insurance Pool with commitments exceeding the targeted $100 million, while a $1.5 billion sovereign backstop from the govt remains central to its capacity to underwrite large risks. The pool aims to enable sea trade with countries in the…
(Picture Courtesy: Facebook) Tovino Thomas starrer ‘Pallichattambi’ continues its theatrical run with decent collections on its first Monday.The Malayalam period action drama starring Tovino Thomas registered a noticeable drop even after a promising opening weekend. The film which is directed by Dijo Jose Antony also has a special cameo by Prithviraj Sukumaran. Box office performance…
BENGALURU: High attrition among Gen Z employees is driving a surge in backfilling across India’s global capability centre (GCC) ecosystem, even as overall hiring demand witnesses a sharp rebound.A report by Quess Corp shows Gen Z tenure has dropped below 24 months, with companies facing a 40% replacement hiring rate-meaning nearly two in five roles…
MUMBAI: RBI governor Sanjay Malhotra has indicated that capital account liberalisation cannot come at the cost of macroeconomic sovereignty. He said that while some regard this as conservatism, he sees it as prudence.Highlighting some of the prudent measures taken by RBI in the past, Malhotra said that there were controls on the capital account for…
Meghan Markle‘s appearance on ‘MasterChef Australia’ was hailed as a PR triumph by many, but behind the scenes, the Duchess of Sussex was reportedly left unhappy with how she was introduced on the show. Her team had specifically requested that the word “royal” not be used, and according to sources, that request was not honoured.During…
Oil prices declined on Tuesday, reversing sharp gains from the previous session, as expectations of imminent US-Iran peace talks eased concerns over prolonged supply disruptions from the Middle East.Brent crude futures fell 95 cents, or 1%, to $94.53 per barrel, while US West Texas Intermediate (WTI) crude for May dropped $1.54, or 1.72%, to $88.07….
File photo: US Vice President JD Vance (Picture credit: AP) US Vice President JD Vance is expected to travel to Islamabad by Tuesday morning for high-stakes talks with Iran aimed at ending the ongoing conflict, as a fragile ceasefire approaches its expiry, according to an Axios report.The visit comes at a critical juncture, with US…
MUMBAI: RBI on Monday partially unwound emergency curbs on rupee derivatives, signalling a shift from firefighting to restoring normal market function after a spell of currency volatility.The central bank withdrew its April 1 directive, which had barred banks from offering non-deliverable forwards (NDFs)—offshore rupee derivatives settled in foreign currency—and prevented users from rebooking cancelled forward…
Director Rathna Kumar, known for films like ‘Meyaadha Maan,’ ‘Aadai,’ and ‘Gulu Gulu,’ is back with his next project titled ’29 The Film’. Vidhu and Preethi Asrani play the leading roles in the film. The story revolves around the life of a 29-year-old man: his trials, tribulations, experiences, and feelings. The makers have officially announced…
Lucknow Super Giants’ captain Rishabh Pant, second right, with teammates during a practice session. (PTI Photo) NEW DELHI: Struggling Lucknow Super Giants are set to receive a timely boost in their IPL 2026 campaign, with explosive Australia wicketkeeper-batter Josh Inglis likely to join the squad ahead of their crucial clash against Mumbai Indians on May…