Business

MUMBAI: For Indian companies with a global footprint, navigating regulatory complexity has moved from the sidelines to the centre of corporate strategy. Rules on trade, tariffs, the environment, labour, data, and taxation are changing rapidly and increasingly shaping business outcomes.Import restrictions, carbon taxes, anti-dumping duties, subsidies, and localisation norms are altering cost structures, market access,…

MUMBAI: Last month’s unprecedented rally in gold and silver helped net inflows into exchange traded funds (ETFs) for these two precious metals to outpace net inflows into equity funds for the first time ever. In Jan, compared to net inflows of about Rs 33,000 crore in gold and silver ETFs together, net inflows in equity…

MUMBAI: The health insurance industry is at its soundest in the five years since the pandemic, with the industry-wide incurred claims ratio (ICR) falling to a post-Covid low of 86.9% in FY25, data shows. What ICR means is that for every Rs 100 that insurers collected as premium, they attracted Rs 86 of claims in…

More than Rs 72,000 crore in unclaimed bank deposits, including amounts lying with foreign lenders, have been transferred to a fund maintained by the Reserve Bank of India (RBI), the government told Parliament on Tuesday. The money is held in the Depositor Education and Awareness (DEA) Fund and reflects balances that have remained untouched for…

File photo: Union finance minister Nirmala Sitharaman NEW DELHI: Tobacco Board, under the administrative control of the Department of Commerce, has written a letter to finance minister Nirmala Sitharaman highlighting the adverse impact of the unprecedented increase in excise duties on cigarettes on the industry, as well as on millions of farmers and workers.The excise…

Genome Valley Excellence Award 2026 to be conferred upon Dr Bruce Levine at BioAsia HYDERABAD: The Genome Valley Excellence Award 2026 will be conferred upon Dr Bruce Levine of the University of Pennsylvania’s Perelman School of Medicine at BioAsia this year for his contributions to cell and gene therapy, engineered T cells, and cancer immunotherapy,…

HYDERABAD: Aarvee Engineering Consultants Limited has received the Securities and Exchange Board of India (Sebi)’s approval to proceed with its initial public offering (IPO) that comprises a fresh issue of equity shares aggregating up to Rs 202.5 crore and an offer for sale of up to 67.5 lakh equity shares by promoter Venkatachala Chakrapani Redla.The…

India will continue to import crude oil from countries where it is available at the most competitive prices and of suitable quality, while factoring in geopolitical conditions and avoiding sanctioned sources, the government told a parliamentary panel on Tuesday.Senior officials from the ministries of external affairs and commerce conveyed this position to the Parliamentary Standing…

The TOI correspondent from Washington: A White House fact sheet announcing what it describes as a “historic” trade deal with India contains a headline-grabbing claim but little clarity on its most ambitious number. While the document highlights India’s intention to purchase up to $500 billion worth of US goods, it does not specify any time…

The possibility of zero-tariff entry for select Bangladeshi textile and apparel exports has moderated the earlier optimism surrounding Indian exporters. (AI image) The US-Bangladesh trade deal announced on Tuesday may indirectly deal a blow to the export ambitions of India’s textile sector. Under the trade agreement between the two countries, the US is reducing the…