Govt eases export rules to allow wider invoicing, payments in Indian rupees NEW DELHI: Govt on Thursday tweaked provisions of the Foreign Trade Policy to make it easier for exporters to invoice overseas transactions and receive payments in Indian rupees.“All export contracts and invoices, other than those involving member countries of the Asian Clearing Union…
Niva Bupa says no financial impact from Irdai action, vows steps to safeguard stakeholders MUMBAI: Niva Bupa Health Insurance has been barred from opening new places of business for six months after the insurance regulator found that the company had failed to comply with expense of management limits for 2024-25.Irdai in an order issued Aug…
Centre may cut local-remedy wait for foreign investors from 5 years to 1 NEW DELHI: Seeking to address a long-pending grouse of overseas investors, govt is all set to amend the model bilateral investment treaty (BIT) to allow for international arbitration one year after exhaustion of local remedies, instead of the current five-year clause that…
Noel Tata kicks off Tata Sons succession search MUMBAI: Tata Trusts chairman Noel Tata is understood to have informally kicked off the search process for Tata Sons’ eighth chairman, meeting former HDFC chairman Deepak Parekh at the Taj Wellington Mews Residences in Mumbai on Wednesday, according to people aware of the meeting.The meeting, which also…
A Messi shirt gifted to former Manchester United masseur Rod Thornley has sold for more than six times the price of a Ronaldo jersey from the same collection/Credits: MatchWornShirt A Lionel Messi shirt from his Barcelona days has sold for £48,608 ($66,107) at auction, comfortably exceeding the price paid for a Cristiano Ronaldo shirt sold…
VB G RAM G generates 11.4 crore person-days, women account for 61.5% NEW DELHI: Over 11.4 crore person-days have been generated since the rollout of Viksit Bharat-Guarantee for Rozgar and Aajeevika Mission (Gramin) Act (VB G RAM G Act), which replaced MGNREGA, according to the govt portal on the new scheme. Women account for 61.5%…
Terry Dyson, Spurs legend who won 1960-61 Double and remains only Spurs player to hit Arsenal hat-trick, dies aged 91 Tottenham Hotspur are mourning the death of Terry Dyson, the former winger who became part of one of the greatest sides in the club’s history and remains the only Spurs player to score a hat-trick…
US-Iran war hits Indian carriers harder as international passenger traffic falls 26% NEW DELHI: The US-Iran war’s impact on international air travel globally has, from an Indian perspective, hit homegrown carriers harder than foreign ones.While people flying in and out of India fell 10.5% to 1.7 crore during April-June, the traditional peak summer quarter, Indian…
Sugar imports open after decade as govt moves to check price surge NEW DELHI: Govt Thursday allowed the import of 10 lakh tonnes of raw sugar, the first such move in a decade, as it stared at a possible decline of at least 20% in the opening stock of the sweetener.The move came soon after…
Former soccer Brazilian player Ronaldinho answers to reporters ahead the 2026 Ravenna Serie C soccer team presentation joining the club as a technical coach and playing in one match in Ravenna, Italy, Thursday, Dec. 20, 2026. (AP Photo/Luca Bruno) Ronaldinho is set to return to professional football with Italian third-tier club Ravenna, 11 years after…
