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ICICI Lombard opens shop at GIFT City

Gandhinagar: The ICICI Lombard General Insurance, India’s leading private sector non-life insurance company, has become the first player in this sector to set up IFSC Insurance Office (IIO) at GIFT City, Gujarat. The new unit will help conduct direct insurance and reinsurance business within IFSC, Special Economic Zone (SEZs), and outside the country. It received […]

Monetary Policy: RBI keeps key rates unchanged

Mumbai: The Reserve Bank of India (RBI) on Friday kept its policy repo rate unchanged at 4 percent and reverse repo rate at 3.35 percent, and promised an accommodative stance as long as required to revive growth and help the country come out of the pandemic-induced financial stress. In a virtual media interaction, RBI Governor […]

Hindus in America: US leaders hail HSS’ annual event

Mukund Patel  Chicago (USA): A number of elected officials in the USA, including Congressional leaders, governors, and mayors, hailed and celebrated the14th Hindu Swayamsevak Sangh’s annual ‘Health for Humanity Yogathon’ event held recently. The event’s theme was, ‘Yoga for Health, Health for Humanity – Beyond Our Identities, We Are All One Family’. The HSS concluded […]

Farmers’ protests: US welcomes agri reform laws, favors dialogue

Virendra Pandit  New Delhi: In the first major sign of the new Biden Administration’s support to the Modi government’s policies, America on Thursday welcomed the three laws for reforms in the agricultural sector and favored dialogue to resolve issues. The move came a day after American pop star Rihanna and former porn star Mia Khalifa […]

Roving Periscope: After Pak, Myanmar may now become China’s colony

Virendra Pandit  New Delhi: By successfully manipulating both Aung San Suu Kyi’s democratic credentials and the Army generals, China has thumb-nosed the divided West by toppling the democratically-elected government in Myanmar early this week. Now China hopes to use armies in both Pakistan and Myanmar as its proxies to encircle India both in the east […]

Business: RIL to offload Marcellus assets to Northern Oil in the US

Mumbai:  Reliance Marcellus, LLC has decided to sell its assets in the Marcellus Shale Play of South-Western Pennsylvania to Northern Oil and Gas, Inc. USA, for a consideration of $250 million cash and warrants. Reliance Marcellus, LLC (RMLLC), a wholly-owned subsidiary of Reliance Industries Limited (RIL), will divest all of its interest in certain upstream assets in the […]

COVID-19: Even the 1st AZ vaccine dose cuts spread by 76%, says study

Virendra Pandit  New Delhi: Amid reports of multiple strains of the global pandemic virus, COVID-19, emerging in different countries, a study on Wednesday revealed that even the first of the two-dose vaccine developed jointly by the University of Oxford and pharmaceutical major AstraZeneca can potentially cut the transmission by around 76 percent. This reduction can […]

Roving Periscope: idle ‘celebs’ find global stirs easy route to publicity, cash!

Virendra Pandit  Mumbai: The global pandemic of COVID-19 virtually house-arrested many self-appointed ‘celebrities’ in the show business industry across the world. To kill boredom and stay on in short public memory, these attention-seeker ‘activists’ have discovered a new mode of instant and free publicity: in a coordinated and time-bound manner, using social media to support […]

Budget@Day 2: FM’s largesse echo again on markets; Sensex up

Mumbai: That the market’s response to the Union Budget for 2021-22 on Monday was not a one-off or knee-jerk reaction was proved on Tuesday again when the Indian markets extended their historic Budget day rally into the second day, ending nearly 2.5 percent higher with financials and realty counters topping the charts on Dalal Street. […]

Global Indians: Biden appoints Bhavya Lal as new NASA chief

Virendra Pandit  New Delhi: Indian-American Bhavya Lal will head the National Aeronautical and Space Administration (NASA) in the USA, media reported on Tuesday. NASA has appointed Lal as Acting Chief of Staff. No other Indian-American has risen to the prestigious position so far. After the election of Kamala Harris, daughter of Indian-American Shyamala Gopalan, as […]
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