Chennai: Travel disruptions stemming from the West Asia conflict continue to weigh on India’s medical tourism sector, with overseas patient inflows yet to return to earlier levels. The region accounts for a substantial share of overseas patients visiting India’s nearly $9-billion medical tourism market.Although hospital operators have begun to see early signs of improvement from…
Fuel prices were raised again on Monday, with petrol becoming costlier by Rs 2.61 per litre and diesel by Rs 2.71 per litre, marking the fourth hike in less than two weeks.The latest increase is expected to add further pressure on household budgets and transportation costs, as consumers continue to grapple with rising fuel expenses…
BENGALURU: A customer books a cleaner through an app. A worker arrives. But this time, there is a camera strapped to the worker’s head.The image has sparked widespread unease online after on-demand home services startup Pronto confirmed to TOI that a small subset of customers can opt into a programme where household jobs are recorded…
MUMBAI: IRDAI has asked the non-life industry to come up with a standard definition of claim and a uniform definition of claim settlement ratio for various lines of business. This followed different companies using different definitions for determining claim settlement ratio, a key metric that is an indicator of companies’ financial health and customer satisfaction.Some…
MUMBAI: After a bull run in the IPO market over the past two years, Indian startups are finding it hard to take the road to Dalal Street. The US-Iran war has thrown a spanner in their IPO plans with many companies delaying listing timelines and going slow on filing draft papers. PhonePe has pressed pause…
MUMBAI: A proxy advisory firm is pressing India’s central bank to require Tata Sons to go public, arguing that its size and systemic importance demand disclosure standards closer to those applied to major financial institutions rather than those typical of private holding companies.InGovern, in a report titled “Tata Sons: The Listing Imperative,” said that where…
Indians sharply cut back on overseas travel spending in March, with remittances for foreign trips dropping by more than $212 million from the previous month, according to Reserve Bank of India data. The fall in outbound travel expenditure came amid rising oil prices linked to the Middle East conflict and persistent pressure on rupee, even…
Gold and silver are expected to take cues from developments in the ongoing US-Iran talks this week, with analysts forecasting a largely steady trend for gold prices while silver may continue to outperform amid geopolitical tensions and elevated crude oil prices.Investors are also likely to track a series of economic indicators from the United States,…
Dalal Street is heading into the new trading week with global uncertainty firmly in focus, as investors keep a close watch on the evolving situation in the Middle East, fluctuations in crude oil prices and the behaviour of foreign investors. Analysts said that sentiment is likely to remain fragile and heavily influenced by developments in…
US secretary of state Marco Rubio on Sunday, hinted at a “beneficial” and a “sustainable” trade deal agreement with India, as he is on a visit to India.“We’ve made tremendous progress, and I think we’re going to wind up with a trade agreement between the US and India that is going to be enduring and…
