George Mathew

According to the RBI, bank credit to industry grew at a slower pace of 6.7 per cent at Rs 38.83 lakh crore in the fortnight ended April 18 annually compared with 6.9 per cent in the corresponding period of the previous year.

It also bought a 25.18 per cent stake in Future Generali India Life Insurance Company Ltd (FGILICL) for a cash consideration of Rs 57 crore as part of the insolvency process.

As per the Montreal Convention treaty, the Air India will have to pay a compensation of around Rs 1.5 crore each to the kin of victims of the plane crash.

Industry is also willing to create an insurance pool, on the lines of nuclear facilities, to cover defence assets, provided the government gives a guarantee

This isn't McKinsey's first engagement with the consulting firm. Its relationship with Air India started almost eight years ago

The rise in premium is expected to impact importers of commodities and exporters from ports in Gujarat and Maharashtra.

Profectus has assets under management of Rs 3,468 crore as of March 2025, with presence across seven states.

The decline was primarily driven by persistent geopolitical uncertainty and a hawkish stance from the US Federal Reserve, making the dollar more attractive.

There are at least five avenues through which compensation can be claimed. Among them, compensation provided by Air India through its insurance coverage is mandatory.

"No one from the Adani Group has been charged with violating the FCPA,” says Adani Group Chairman Gautam Adani