Petrol and diesel are least affordable to the average citizen in India among the 10 largest economies of the world. An average Indian — someone whose income matches the country’s per capita — can buy only about 8 litres of petrol or diesel with their daily income, while the average American can buy 199 litres…
MUMBAI: Personal loan growth moderated to 12.9% as of end-March 2026 and fell below overall credit growth after outpacing it for several years. However, its share in total credit remained high at 30.7%. Loans to the private corporate sector accounted for more than one-fourth of total bank credit and grew 15.5% from 11.9% a year…
Anthropic CEO Dario Amodei has spent the better part of 2026 telling anyone with a microphone that AI is about to wipe out half of all entry-level white-collar jobs. Now, at the World Economic Forum in Davos, the man whose company is selling that very AI is no longer just warning about the layoffs. He’s…
NEW DELHI: Govt is looking at pruning the list of vehicles exempted from paying tolls on national highways, and to begin vehicles attached to senior Central and state govt officers are likely to be taken out from the “exempted category”, TOI has learnt.A high level committee set up by the central govt has recommended the…
“Indian equity markets are expected to open on a mild positive note, with Gift Nifty trading at 23,748, up by 58points. Asian equities traded largely higher at the start of the new month, with Japan’s Nikkei and South Korea’s KOSPI touching fresh record highs. However, uncertainty surrounding a potential US-Iran agreement and lingering geopolitical concerns…
Not every case of cold hands and feet requires concern. But some symptoms deserve prompt attention. Dr Garg warns that numbness, tingling, skin discoloration, fatigue, weakness, and wounds that heal slowly may indicate an underlying medical issue. Diabetes-related nerve damage, circulation disorders, thyroid disease, and anemia are among the possibilities physicians may investigate. Lifestyle factors…
MUMBAI: HDFC Ergo General Insurance has tightened costs in motor third-party cover, fearing claims inflation could sink the line without strict underwriting. It reset reserves in FY25-FY26 after spotting inflation outrunning assumptions.Speaking to TOI MD & CEO Parthanil Ghosh said claim dynamics had shifted.“We felt that the third-party rates vis-a-vis the commission that is being…
NEW DELHI: Insurance giant LIC is actively considering establishing a fintech arm either through strategic investment or organic way to cater to its growing digital needs, CEO & MD R Doraiswamy said. “Naturally, to meet the modernisation requirement and particularly to bring innovation, we are engaging both fintech and insurtech players and we are getting…
The US Department of the Treasury this week announced the launch of the Trump Accounts app on App Stores available across America. The Trump Accounts app will be the main interface for these accounts and is available on all major mobile app stores. “The Trump Administration is taking another step forward in expanding opportunity for…
Pranav Mer, Vice President of Commodity & Currency Research at JM Financial Services, said that the outlook for precious metals remains largely range-bound, with a possibility of further corrective movement in both gold and silver. According to him, investors will closely track progress in negotiations between Washington and Tehran. With the ceasefire and talks reportedly…