Divine Lifestyle
CETA has kept India’s low-cost electric cars out of the subsidy framework. Additionally, it has completely excluded electric and hydrogen-powered two-wheelers, buses and trucks from the preferential tariff regime. For conventional internal combustion engine (ICE) passenger cars imported from the UK, India has agreed to allow a cumulative 378,000 vehicles at concessional duty rates over…
Case of financing the trade through DP World – a company that also carries cargo. Since joining DP World in 2021, Sinan Ozcan has built a trade finance business from scratch within one of the world’s largest end-to-end logistics providers – a company that has grown from 56,000 in that time to more than 120,000…
Effective June 17, the BMC suspended all water connections at ongoing construction sites within the city limits and stopped new connections until further notice. The civic body has also imposed a 20 per cent water cut for industrial, commercial and sports facilities, while a 10 per cent water cut across the city is in effect…
India’s current strategic petroleum reserves are equivalent to about 9-10 days of the country’s net crude imports, much lower than other major import-dependent countries, according to a new report released on Wednesday. The report released by the Council on Energy, Environment and Water (CEEW) said that other countries like Japan and South Korea which are…
Central bank bottlenecks and massive import costs delay the impact of the $4B windfall. War-torn Libya is pumping oil at the fastest pace in more than a decade, averaging about 1.4 million barrels a day in April, according to operating data from the National Oil Corporation. Still, refining capacity, distribution networks and subsidy-financed imports remain…
France captain Kylian Mbappe enjoyed a record-breaking evening as Les Bleus opened their FIFA World Cup 2026 campaign with a 3-1 win over Senegal in New York. Mbappe scored in the 64th minute and again in stoppage time as Didier Deschamps’ side overcame a spirited Senegal team that had created many chances and troubled the…
Lloyds Engineering Works share price Share price of Lloyds Engineering Works rose 14 per cent to ₹81 on BSE in intra-day deals on Tuesday amid heavy volumes. The stock has gained 21 percent in the last three trading days. The share price of the industrial products company is now close to its 52-week low…
The defaults highlight concerns about private debt. Lawmakers and regulators are taking notice. Two recent corporate defaults have heightened market concerns about the scrutiny of borrowers’ risks by private-credit funds, leading to calls for tighter monitoring and better underwriting standards for lightly regulated lenders. One of these defaults, by software-as-a-service provider Medallia, caused private-equity firm…
While one company after another is reporting benefits from AI, most have yet to realize any return on investment. Sooner or later, the inevitable question about artificial intelligence will arise: Is the investment boom pushing the corporate world into a bubble? The answer, predictably, lies in the ability of companies to demonstrate a return on…
ICICI Lombard General Insurance has urged its customers and agents to opt for higher sum assured for adequate protection amid rising healthcare costs. “Given the rising cost of healthcare and the inflationary nature of treatment costs, we have urged customers and our channel partners to opt for a higher sum insured to provide adequate protection…
