Data from the DSCI report showed that 350 cyber insurance policies were bought by Indian corporates in 2018 as against 250 in 2017 marking a 40 per cent increase in the sale of these products.
Rising oil prices will hurt household income and spending and it could accelerate inflation. As the world’s biggest importer of oil, China is vulnerable, and many countries in Europe also rely on imported energy. For a sustained hit to growth, economists say oil would need to hold above $100. It also depends on dollar strength or weakness.
The departure lounge of terminal 3 of Delhi's Indira Gandhi International Airport on Saturday resembled scenes usually found at the more crowded railway stations in India, with passengers squatting on floors, thanks to the software glitch on Air India's servers that left thousands stranded. This, however, wasn't the first time the airline's software played truant — question is, will the airline ever learn?
US sanctions came into effect on Sunday to block Venezuela's economic lifeline of oil exports, in what Washington hopes will be a blow in its fledgling campaign to topple leftist President Nicolas Maduro. It is among a volley of steps by Trump administration to oust Maduro and install opposition leader Juan Guaido, who is recognized by more than 50 countries.
Given its high equity exposure, ELSS scores over the NPS for long-term wealth creation. Those who have not exhausted their section 80C limit of ₹1.5 lakh should first go for ELSS, and utilise the additional NPS window up to ₹50,000. Having said that, note that investment choices should not be guided merely by tax savings.
Thousands of stranded loaded trucks in Indian Land Customs Stations(LCS) at Fulbari and Changrabandha have become a major concern for stake holders of the trade in Indian side.
A group of Jet Airways’ senior staffers, including the unions of the airline’s aircraft engineers and of Indian pilots, has requested SBI-led lenders to allow a consortium of employees to bid for the carrier. In a memorandum, Jet staffers have also written that they are confident of securing an investment commitment of up to Rs 3,000 cr from outside investors.
Embattled liquor tycoon Vijay Mallya took to social media on Monday to lament the collapse of Jet Airways and repeated his offer of a "100 per cent payback" for state-owned Indian banks to cover his now-defunct Kingfisher Airlines' debt. The 63-year-old former Kingfisher Airlines boss is currently appealing against his extradition order from the UK to India.