India’s headline retail inflation fell to 2.82% in May 2025, the lowest year-on-year rate since February 2019, according to data released by the National Statistical Office (NSO) on Wednesday. The Consumer Price Index (CPI) reading was down 34 basis points from 3.16% in April, driven primarily by a sharp moderation in food prices and a…
BENGALURU: Delhivery reported its first full-year net profit in the 2024-25 financial year, buoyed by continued gains in its part-truckload (PTL) business and improving operational efficiencies.The logistics company also said early customer movement and network synergy from its proposed acquisition of Ecom Express began reflecting in higher daily volumes.Its net profit for FY25 was Rs…
Mumbai: After international prices of gold that rallied to above the $3,100/ounce mark for the first time, the price of the yellow metal in domestic markets rallied above the Rs 91,000/10gm mark, also a record high. Over the last few months, gold prices have been rallying due to global uncertainties emanating from the tariff wars…
MUMBAI: New India Assurance has the lowest claims repudiation ratio of 0.2% in terms of the number of claims. The company, which is also the only listed public sector insurer, has the lowest claims repudiation ratio in health insurance and motor own-damage insurance too.The Insurance Brokers Association of India recently provided a comparison of ratios…