Business

Life Insurance Corporation of India (LIC) is reviewing its vast real estate portfolio to improve returns and may explore setting up a separate subsidiary to manage the assets more efficiently, PTI reported.LIC’s real estate holdings, accumulated over nearly seven decades, are conservatively estimated at more than Rs 60,000 crore.“We have substantial real estate, both inherited…

Exports of mangoes to Japan require a phytosanitary certificate issued by the Directorate of Plant Protection, Quarantine & Storage in Faridabad. (AI image) In a big setback for Indian mango exports, Japan has reportedly stopped importing fresh mangoes from India for the current season. The move has effectively disrupted shipments of Indian mango varieties widely…

Not happy with how your salary slip looks? You’re not alone. Turns out, only 29% of employees in India are actually satisfied with their pay packets.The rest? Well, they’re already preparing for the annual ritual of asking for a hike, right as rising living costs keep quietly shrinking that salary before the month even ends,…

The 151,000 level is the one to keep on the radar heading into the week, it carries added technical significance as both a key support and the recent week’s low. (AI image) Gold and silver price prediction today: MCX Gold is showing a bearish bias and MCX Silver is consolidating this week, according to Abhilash…

NEW DELHI: Air travellers should brace for higher domestic fares and fewer flights this summer.Air India, AI Express and IndiGo will together remove about 250 domestic flights per day from June to August as operating costs spiral on rising jet fuel prices and a weakening rupee amid slowing demand.Airlines say discretionary travel is among the…

In recent days, petrol and diesel prices have gone up by around Rs 7.5 per litre, increasing daily costs for consumers. This has once again sparked a familiar debate, are oil marketing companies (OMCs) making windfall gains amid the Middle East crisis?At the centre of this discussion is a headline number, a combined profit of…

Did your last grocery bill feel a little heavier than usual? From shampoo bottles to your morning biscuits, everyday essentials are set to get costlier, as a conflict unfolding thousands of kilometres away continues to ripple through global supply chains. Essential consumer goods are set to become costlier in the near term, as companies grapple…

Oil prices inched higher on Thursday as hopes of possible agreement between the US and Iran were offset by Iran’s fresh strikes on US bases. Around 9:30, WTI Crude was trading at $92.03 per barrel, up 3.78%. At the same time, Brent Crude stood at $97.74, higher by 3.66% as situation in the Middle East…

NEW DELHI: India is estimated to have produced a record 376 million tonnes (MT) of foodgrains in 2025-26 crop year, which is 5.3% higher than the 357 MT reported in the previous year, said agriculture ministry while releasing latest estimates of crop production on Wednesday.For 2026-27 crop year, ministry has been gearing up to minimise…

MUMBAI: State Bank of India chairman Challa Sreenivasulu Setty has warned that the ongoing conflict in the Gulf region could weigh on growth and rekindle inflationary pressures, even as India’s macroeconomic fundamentals remain resilient.In his message to shareholders in the bank’s annual report, Setty said: “The financial year gone by unfolded against a backdrop of…