Business

The family contested the insurer’s decision before the District Consumer Commission, Vellore. (Image for representative purpose only) Insurance payouts can sometimes be tricky if the insurer denies claims. In one such case, a pensioner died following a road accident and his wife and two daughters turned to the accidental death insurance cover associated with his…

The depots responsible for these trains will closely track cleanliness and maintenance. Long-distance train journeys can sometimes be cumbersome especially on account of cleanliness in trains. The Railway Board has recently prepared a plan to tighten supervision and intensify cleanliness measures on long-distance trains that take more than 40 hours to complete their journeys.Officials have…

Indian customs authorities are holding dozens of containers of bulk Scotch whisky imported by Pernod Ricard and Diageo as investigators insist that the shipments attract a 150% import duty, despite assurances from the commerce ministry that the lower tariff under the India-UK trade pact would be honoured.The dispute centres on whether bulk Scotch concentrates used…

Mother Dairy raises prices NEW DELHI: Milk consumers in Delhi-NCR will have to pay more for their daily supply, with Mother Dairy increasing prices of its liquid milk variants by Rs 2-4 per litre from Thursday, November 12. The revision comes after an increase in the procurement prices paid to farmers, which has pushed up…

Rupee strengthens below 94/$ NEW DELHI: Rupee began Wednesday on a strong note, gaining 7 paise to 93.70 against the US dollar in early trade. The momentum is supported by renewed foreign fund inflows, softer crude oil prices and improving geopolitical sentiment.Rupee has emerged as one of Asia’s best-performing currencies in FY27. Forex traders said…

Benchmarks extended their winning run after a sharp weekly rally, with buying in blue-chip banking and financial stocks and a correction in crude oil prices supporting the gains. BSE Sensex had surged 6,568.49 points, or 8.82%, in the previous week, while NSE Nifty advanced 1,977.25 points, or 8.57%. In the subsequent session on Monday, the…

File photo: US treasury secretary Scott Bessent The United States and China must work together to manage the risks posed by advanced artificial intelligence while recognising that their competition for technological leadership will continue, US treasury secretary Scott Bessent said on Tuesday.Bessent said the two countries should not underestimate their differences as they prepare to…

Crude oil price holds near $90 per barrel Oil prices remained around the $90-per-barrel mark, with Brent crude futures trading at $92.29 per barrel, up 80 cents or 0.87%, while US West Texas Intermediate (WTI) crude futures rose 57 cents or 0.66% to $86.61 per barrel.Both benchmarks had settled at their lowest levels since August…

They alleged that the builder had not paid the enhanced compensation of Rs 88 lakh for the increased floor space index. (Image for representative purpose only) You give your land for redevelopment to a builder but the latter does not honour his commitment fully, withholds the promised payments, and also fails to honour other contractual…

The US has repeatedly pressed New Delhi to reduce its reliance on Russian energy. (AI image for representative purpose only) The Donald Trump administration wants India to buy more crude oil from Venezuela. US Secretary of State Marco Rubio’s recent visit to India to discuss the possibilities with Reliance clearly shows America’s push to increase…