New Delhi, May 20 -- India's insurance sector has found renewed vigour, with two global players ready to expand their market presence and others exploring entry. On Monday, US-based Liberty Mutual Ins... Read More
New Delhi, May 20 -- Elon Musk, who co-founded OpenAI as a non-profit entity in 2015 along with Sam Altman and others, has suffered a setback. His lawsuit against Altman for turning a carved-out subsi... Read More
New Delhi, May 19 -- In a reminder that the inflation beast is never fully tamed, but can at best be forced to retreat temporarily, wholesale price inflation in India jumped to a 42-month high of 8.3%... Read More
New Delhi, May 19 -- America has reportedly extended the waiver of its sanctions on purchases of Russian crude oil by another 30 days, just days after it expired. This reduces uncertainty over India's... Read More
New Delhi, May 18 -- Two centuries and a half ago, Adam Smith used the example of a pin factory in The Wealth of Nations to explain how capitalism uses division of labour to boost productivity by spli... Read More
New Delhi, May 18 -- Is Keynesian advice relevant to India's economy? Austerity, Keynes warned, could worsen an economic slump. If we all cut back on spending, output would reduce. But the economist w... Read More
New Delhi, May 15 -- With the confirmation of Kevin Warsh as chair of the US Federal Reserve by the Senate, the curtains come down on one of the world's most talked-about appointments. He takes over ... Read More
New Delhi, May 15 -- Although retail prices stayed largely cool, inflation at the wholesale level ran hot last month in a sign that supply shortages caused by the war in West Asia have started to feed... Read More
New Delhi, May 14 -- Prime Minister Narendra Modi's nudge to resist gold purchases has been followed up with a policy disincentive. On Wednesday, the Centre more than doubled import duty on the precio... Read More
New Delhi, May 14 -- Air India on Wednesday announced that it would suspend or reduce flights on more than two dozen international routes between June and August, citing airspace restrictions and reco... Read More