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बीमा सेक्‍टर के लिए बड़ा ऐलान, भारत में 100% विदेशी निवेश के लिए खुले दरवाजे

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

The central government has announced 100% Foreign Direct Investment (FDI) in insurance companies via the automatic route, enabling full foreign ownership. This move, aligning with the Sabka Bima Sabki Raksha Act, 2025, aims to boost foreign participation, with IRDAI approval required. LIC remains an exception with a 20% FDI limit.

Laid-off engineer with 18 years of experience now works at McDonald's

Laidoff engineer with years of experience now works at McDonalds

Berkshire Hathaway Posts $11.35 Billion Earning

Berkshire Hathaway Inc.’s cash pile jumped to its highest level ever, reaching $397 billion, inGreg Abel’s first quarter as chief executive officer. Bloomberg Intelligence Senior Analyst Matthew Palazola joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)

‘An economic 9/11’: A proposed one-time tax on California billionaires is driving Big Tech nuts

The proposed tax has divided Democrats, prompted a primary challenge against a star congressman, and previews the complicated dynamics around Big Tech heading into the 2028 election, Josh Marcus reports

Iran Juggles Oil Cuts and Storage Strain to Resist US Blockade

As the US naval blockade in the Strait of Hormuz tightens around Iran’s oil trade, exports have plunged in recent weeks and storage is rapidly filling. Already, the country has begun curbing production, according to a senior Iranian official.

Swinney ‘very concerned’ by reports of BP considering leaving North Sea

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Kotak CEO Flags IDBI Valuation Concerns as Privatization Drags

Kotak Mahindra Bank Ltd.’s chief executive said the valuation sought for a stake in IDBI Bank Ltd. was too high, underscoring tepid bidder appetite for IDBI even as Kotak Mahindra Bank reported better-than-expected fourth-quarter earnings on Saturday.

Spirit Airlines shuts down immediately, cancelling all flights

TravelNews & AdviceSpirit Airlines shuts down immediately, cancelling all flightsThe company had been in discussions with the Trump administration about a rescue package, but no deal was reached.Graeme Massie & Aamer MadhaniSaturday 02 May 2026 13:24 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"sh...

ऑटोमेटिक टोल पर की ये गलती, तो दोगुनी करनी पड़ेगी पेमेंट

What Kevin Warsh Means for the Future of the Fed

The Federal Reserve held its latest policy meeting this week with inflation still elevated, the war in Iran still rattling energy markets, and a new Chair waiting to be confirmed by the Senate. Former economic adviser to President Bush and Columbia Business School dean Glenn Hubbard breaks down what the Fed's decision signals about the economy and what Kevin Warsh's incoming leadership could mean for the institution's purpose, strategy, and independence. (Source: Bloomberg)

New Rules for India Shadow Banks May Put Tata Sons IPO on Radar

A tweak by India’s central bank to the definition of shadow lenders has potentially revived the debate about whether Tata Sons Pvt. — the controller of one of the country’s largest conglomerates — could be forced to list in the near future.

LIV Golf hires financial advisers in scramble to secure funding lifeline

LIV Golf is parachuting in a heavyweight team of financial advisers to help it secure a multi-billion dollar funding lifeline after its Saudi sovereign backers left its future hanging by a thread, according to Sky News' Mark Kleinman.

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

In Emilia-Romagna, Italy, hundreds of thousands of wheels of Parmigiano Reggiano cheese are stored in climate-controlled warehouses, serving as valuable collateral for loans. This unique financial system allows producers to overcome cash flow challenges caused by the cheese's lengthy aging process, ensuring the industry's continued operation and growth.

Bankrupt Spirit Airlines cancels ALL flights immediately and fails to help stranded passengers as it winds down operations after 33 years

Bankrupt Spirit Airlines cancels ALL flights immediately and fails to help stranded passengers as it winds down operations after 33 yearsBy SOPHIE GABLE, US REPORTER Published: 12:42, 2 May 2026 | Updated: 12:42, 2 May 2026 e-mail View comments

Oil Tanker Pricing Feud Embroils a Centuries-Old London Market

A legal claim from one of the world’s largest oil traders is throwing a spotlight on an arcane but critical corner of global finance — the multibillion-dollar freight market and the 282-year-old City of London institution that sits at the heart of it.

Keir Starmer warns voters they must prepare for inflation spike caused by Iran and says Britain must be 'much closer to the EU'

He agreed with predictions that the UK could see inflation rise above six per cent and warned that even when the Strait of Hormuz was opened 'I don't want anybody to think it will all return to normal'.

Rabat Hosts Morocco-Germany Talks to Deepen Energy Transition Cooperation

Agadir – Morocco and Germany held high-level talks on Thursday aimed at strengthening bilateral cooperation in the energy sector, with a particular focus on advancing the country’s energy transition and expanding investment in emerging green industries. The meeting took place at the headquarters of Morocco’s Energy Transition Sector in Rabat and brought together senior Moroccan officials and a German economic delegation led by Stefan Rouenhoff, Parliamentary State Secretary at the Federal...

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EPFO Pension Hike: 7.5 गुना बढ़ने जा रही आपकी पेंशन? जानिए किसे मिलेगा ये लाभ

EPFO Pension Hike