- Insurer AIG beats second-quarter profit estimates on robust underwriting August 6, 2026AIG-RESULTS/ (PIX):Insurer AIG beats second-quarter profit estimates on robust underwriting
- Ishbia’s Mortgage Firm Suffers Record Drop on Dividend Halt August 6, 2026Shares in United Wholesale Mortgage fell by as much as 49% Thursday, a record slide after the country’s biggest mortgage lender announced a net loss of $452 million and suspended its dividend for the first time.
- Dabur downplays USFDA warning, says India business unaffected; Silvassa plant continues operations August 6, 2026Dabur says it has submitted a revised response to the USFDA outlining corrective measures to resolve the issues identified during the inspection.
- PNB Housing bets on micro loans, small developers to boost margins August 6, 2026The lender is targeting higher-yielding segments to improve spreads, sees affordable and emerging businesses contributing half of assets by the end of FY28.
- LIC flags pressure on customer incomes even as Q1 profit rises 23% August 6, 2026LIC expects pressure on household savings to continue, weighing on premium growth, while a shift towards higher-margin non-par products helped boost profitability and strengthened the insurer's capital position in the June quarter.
- Tariff rationalisation set to continue, more steps likely in FY28 Budget: FM August 6, 2026Finance Minister Nirmala Sitharaman confirmed ongoing import tariff rationalisation efforts. Further measures are expected in the budget for the year 2027-28. She also outlined the Viksit Bharat vision for the year 2047. This vision includes zero poverty and universal access to education and healthcare. India's destiny is to become a developed civilisat […]
- India can raise per capita income six-fold by '47: NITI Vice Chairman August 6, 2026India's per capita income could rise six-fold by 2047. This growth would make the nation a developed economy. Higher investment and domestic savings are critical for sustained economic growth. Structural reforms are needed to remove investment obstacles. Achieving this goal requires attracting investment and boosting savings.
- Parl panel for early conclusion of India-US trade pact, tariff exemptions on key goods August 6, 2026The panel suggested the commerce department prepare a time-bound roadmap to achieve the objectives of the Mission 500 initiative by promoting trade in goods and services, encouraging investment, enhancing cooperation in critical technologies, improving supply chain and addressing both tariff and non-tariff barriers faced by Indian exporters and prepare a lon […]
- India may rationalise most customs tariffs by Budget 2027-28, Nirmala Sitharaman says August 6, 2026India's finance minister announced plans to streamline customs tariffs, aiming for a significant overhaul by the fiscal year 2027-28. This move is expected to simplify trade procedures and potentially boost economic activity by making imports and exports more predictable and cost-effective for businesses across various sectors.
- India, Brazil must join hands to defend multilateralism amid tariffs: Brazilian Trade Minister Márcio Fernando Elias Rosa August 6, 2026Brazil's Industry Minister urged India to jointly defend multilateralism and the WTO. He highlighted the need to counter unilateral tariff impositions by the United States. Brazil seeks to diversify export markets, with India being a key priority. Brazilian companies are also keen to invest in Indian energy and infrastructure projects. Cooperation on fe […]
Unable to display feed at this time.