Author: Indmedia
ICICI Prudential Life Insurance posted a 27.8% rise in first-quarter profit on Wednesday, helped by strong growth in new business premiums and retail term insurance sales, sending its shares up as much as 5.5%.The value of new business, or VNB, seen as a key measure of profitability from new policies, rose 24.9% from a year earlier, easing concerns over margin pressure from goods and services tax-related input tax credit issues.Analysts had been watching whether ICICI Prudential Life’s shift towards higher-margin non-participating and retail term insurance products would offset those headwinds.Annualised premium equivalent sales, a key measure of new business, rose…
For many years, achieving a commendable engineering career has been tied to gaining admission to the IIT, or the Indian Institute of Technology. In India, IITs have established various institutes across the country. However, the belief that IITs are the only way to build a robust career in engineering is changing over time, although these institutions remain an important part. Nowadays, numerous other educational institutions have been built, such as state universities, NITs or National Institutes of Technology, private colleges, and those colleges that are fully specialised in providing engineering degrees, from where each year a batch of talented students…
Emilia Clarke reflected on how perseverance, rather than perfection, has shaped both her life and career.Image credit (Instagram) Emilia Clarke has had a year of extraordinary highs and one significant blow. Her spy thriller series ‘Ponies,’ in which she plays Bea, a Russian-speaking widow thrust into Cold War espionage in 1977 Moscow, premiered in January 2026 to near-universal critical acclaim, earning Emmy submissions in April and generating the kind of passionate audience response that made the subsequent cancellation of the show before a second season could be confirmed all the more painful for fans, as reported by CBR. Through it…
File photo: Workers wait for customers at a souvenir store as foreign tourists walk by Wangfujing shopping street in Beijing China’s economy slowed more than expected last quarter to the weakest in more than three years, raising pressure on policymakers to speed up public spending to ensure their annual growth goal is met.Gross domestic product grew 4.3% from a year ago, according to data released by the National Bureau of Statistics on Wednesday, below the bottom of this year’s official target range of 4.5% to 5%. That compares with a 4.5% gain projected by economists polled by Bloomberg, following an…
Smoke and orange haze from hundreds of active wildfires in Canada has spread across Ontario and towards northern US states.There are currently 838 wildfires actively burning across the country, according to the Canadian Interagency Forest Fire Centre.Officials say the smoke will not be as severe as it was in 2023, when Quebec wildfire smoke blanketed the US East Coast. Source link
Crude oil prices continued to inch higher for the fourth day straight, staying beyond the $85 per barrel mark, on Thursday. The hike comes as investors react to a fresh escalation in the conflict between the United States and Iran, with concerns mounting over the security of major global energy shipping routes.Around 7 am IST, Brent crude was trading at $85.48 a barrel by 0026 GMT, up 0.53%, while US West Texas Intermediate (WTI) crude rose 0.84%, to $80.27 a barrel. The two benchmarks had also posted gains of around 0.3% in the previous session and remained close to the…
File photo: NCP-SP Working National President and MP Supriya Sule NEW DELHI/PUNE/MUMBAI: Even as NCP (SP) politician Jayant Patil’s late Tuesday night meeting with CM Devendra Fadnavis intensified speculation about whether the Sharad Pawar-led outfit was getting closer to BJP, the party’s MP Supriya Sule said on Wednesday that if the BJP-led NDA govt’s delimitation legislation proposes a uniform 50% jump in Lok Sabha seats in each state, there would be little reason to oppose the bill.Sule’s statement indicated her party’s support to the delimitation legislation, albeit with a caveat, which should be no problem for the govt as it…
New Delhi: Central Delhi’s bustling markets like Karol Bagh have a new pair of high-tech outposts shrinking the distance between the crime complainant and the cop.Police have rolled out integrated facilitation booths at the Kalka Das and Arpit Gol Chakkar. The two modern glass outposts right in the high-footfall heart of the commercial hub will record e-FIRs so that people don’t have to go to police stations.The booths are at the tri-junction of the Karol Bagh, DBG Road and Paharganj police circle and they are expected to cater to thousands of shoppers, residents and traders.Inside the sleek booths is real-world…
BENGALURU: The Election Commission has extended the Special Intensive Revision (SIR) enumeration phase by 10 days till Aug 8, offering relief to thousands of voters unable to trace their details in the 2002 electoral rolls.To speed up the exercise, Karnataka will hold special assistance camps every Saturday and Sunday, chief electoral officer Anbuk Kumar announced. The enumeration was scheduled to end on July 29. Under the revised schedule, draft electoral rolls will be published on Aug 17, claims and objections can be filed till Sept 16, disposal of claims will continue till Oct 15 and the final rolls will be…
Hyderabad: The Greater Hyderabad region has consumed nearly 12% extra electricity in the first two weeks of July compared to last year, as temperatures remain high owing to a subdued monsoon this year.Telangana State Southern Power Distribution Company Limited (TGSPDCL) officials said that from July 1 to 14, total power consumption in the state touched 2,510 million units (MU), compared with 2,338 MU during the same period last year. This is an increase of 171 MU, or an increase of 7.3%.Within the Greater Hyderabad (GHMC) area, electricity usage climbed from 957 MU to 1,071 MU, registering a rise of 114…