Death claims and payouts for life insurance companies touched a record high in 2021-22 as the second wave of the Covid-19 pandemic playedhavoc. The sector is however, more upbeat about prospects in the new fiscal and believe the impact of the pandemic on their balance sheet has been contained. The country’s largest life insurer—Life Insurance … Read more
The rupee inched 3 paise higher to close at 77.53 (provisional) against US dollar on Friday, supported by a rebound in domestic equities.
Telsa and SpaceX chief executive officer Elon Musk met with Brazil’s President Jair Bolsonaro on Friday to discuss connectivity and other projects in the Amazon rainforest. The meeting, held in a luxurious resort in Sao Paulo state, was organised by Communications Minister Fábio Faria, who has said he is seeking partnerships with the world’s richest … Read more
Some flights of low-cost carrier, SpiceJet were held up at the Delhi airport for some time on Friday as there was a delay in daily payment by the airline to the Airports Authority of India (AAI), sources said. According to the airline’s spokesperson, the delay in making daily payment was due to a software glitch … Read more
We’re not living in 1929. It’s important to remember that as we watch the stock market crash and our personal net worth take a big hit. While that has certainly happened, it’s important to note that the stock market isn’t the economy. We’re not on the cusp of the next Great Depression. Instead, we have … Read more
