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100% FDI allowed in insurance sector under automatic route, inflows for LIC capped at 20%

The central government on Saturday announced 100% Foreign Direct Investment (FDI) in insurance companies under the automatic route, allowing full foreign ownership in the sector. The move is expected to increase foreign participation in India’s insurance industry. Foreign investment in Indian insurance companies and intermediaries will now be allowed up to 100% of the paid-up...

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US approves $8.6 bn arms sales to Middle East allies even as Iran war ‘terminated’

Representative image The United States has cleared arms sales worth over $8.6 billion to key Middle East allies, namely Israel, Qatar, Kuwait, and the United Arab Emirates. The approvals were issued by the US State Department amid heightened regional tensions linked to the prolonged Iran conflict.The announcements by the State Department included approval of military...

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Vrabel marriage on brink as counselling fails amid Russini drama

Mike Vrabel and Jen Vrabel are reportedly undergoing marriage counselling as fallout from the Dianna Russini controversy strains their relationship. Sources say Vrabel is dealing with intense emotions and focusing on work while trying to repair the situation. Jen feels embarrassed but hopes to save the marriage. Despite efforts to reconcile, insiders suggest the situation...

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‘Stock market manipulation attempt’: Mamata rejects exit polls, predicts over 200 seats for TMC

CM Mamata Banerjee NEW DELHI: West Bengal chief minister Mamata Banerjee on Saturday expressed confidence that her party Trinamool Congress (TMC) will emerge victorious in the assembly elections by securing more than 200 seats in the state. Addressing the counting agents via video conferencing, she dismissed the exit poll projections and recognised them as an...

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India announce Women’s T20 WC squad: Yastika IN, Pratika misses out

India women’s cricket team NEW DELHI: India have largely stayed with experience while making a few bold calls in announcing their 15-member squad for the 2026 Women’s T20 World Cup in England, with the return of Yastika Bhatia and the omission of Pratika Rawal emerging as the biggest talking points from Saturday’s selection meeting at...

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‘I wasn’t desperate’: Agha breaks silence on IND vs PAK handshake snub

India’s captain Suryakumar Yadav, left, and Pakistan’s captain Salman Agha stand for the coin toss of the Asia Cup cricket final (AP Photo) Salman Ali Agha has reopened the debate around the Asia Cup 2025 handshake controversy, revisiting an incident that drew widespread attention during last year’s tournament. The episode occurred when India captain Suryakumar...

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Puducherry poll: From CM Rangasamy to ex-CM Vaithilingam, heavyweights to watch out for

Puducherry’s 2026 Assembly elections have turned into a closely watched contest, with a record voter turnout of 89.83 per cent, several razor-thin contests, and the entry of new political players adding unpredictability. Counting is set for May 4 for all 30 seats. The main contest is between the ruling AINRC-BJP-led NDA and the Congress-DMK alliance,...

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The Parmigiano vault: How Italy’s ‘cheese banks’ power a 4 billion euro industry

What are the most valuable assets for a country — gold, silver, currency? In Emilia-Romagna, northern Italy, the answer looks far less conventional. Here, vast climate-controlled warehouses store one of the region’s most unusual forms of wealth: hundreds of thousands of wheels of Parmigiano Reggiano cheese, slowly ageing and quietly getting more valuable over timeTo...

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