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PNB MetLife settles 99.81% of individual claims in FY26, pays out over Rs.1,029 crore

New Delhi, June 24 -- PNB MetLife settled nearly all individual life insurance claims filed in the financial year 2025-26, recording a 99.81 per cent individual claim settlement ratio and a 99.70 per ... Read More


Global steel output slips in May

New Delhi, June 24 -- Global crude steel output slipped marginally in May even as India maintained its growth momentum and retained its position as the world's second-largest steel producer. Accordin... Read More


IMO to evacuate 11,000 seafarers from Strait of Hormuz as shipping corridor reopens

New Delhi, June 24 -- The International Maritime Organization (IMO) has announced plans to evacuate more than 11,000 seafarers stranded in the Strait of Hormuz region following a peace agreement betwe... Read More


ONDC will open up global markets for Kerala entrepreneurs: Minister Kunhalikutty

New Delhi, June 24 -- The effective implementation of the Open Network for Digital Commerce (ONDC) will enable MSMEs in Kerala to directly access global markets and offer their products and services t... Read More


Indri Whisky adds authenticity hologram to bottles amid India's single malt boom

New Delhi, June 24 -- Indri, the single malt whisky brand owned by Piccadily Agro Industries Limited (PAIL), announced on Wednesday that its bottles will now carry a certification hologram issued by t... Read More


US cancer drug supply reinforces role of Indian drugmakers, say industry insiders

New Delhi, June 24 -- The latest request for a cancer drug from Indian drugmakers by the United States Food and Drug Administration (USFDA) points to the reliability of domestic companies in supplying... Read More


Freshworks founder Girish Mathrubootham buys Rs.211-cr boat club property in Chennai

New Delhi, June 24 -- Freshworks Founder and Executive Chairman Girish Mathrubootham has acquired a prime residential property in Chennai's prestigious Boat Club locality for Rs.211 crore, marking one... Read More


Andhra Pradesh CM Naidu inaugurates India's first private gold mine in Jonnagiri

New Delhi, June 24 -- Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday inaugurated the country's first private gold mine and gold processing unit, set up by Geomysore Services at Jonnagi... Read More


Amazon CEO Andy Jassy in India as company announces Now expansion to over 300 cities

New Delhi, June 24 -- Amazon today announced plans to expand Amazon Now, its quick-commerce service, to customers in over 300 cities across India. Specifically, Amazon intends on scaling up its speci... Read More


Slower deposit growth versus credit growth does not constrain banks from lending; they have sufficient capital: RBI Guv Malhotra

New Delhi, June 24 -- Slower deposit growth as compared to credit growth does not constrain banks from lending as they have sufficient capital, according to RBI Governor Sanjay Malhotra. As at May-en... Read More