Who is R Doraiswamy? Meet LIC’s new MD & CEO; replaces interim CEO Sat Pal Bhanoo

The government has appointed R Doraiswamy as the new Managing Director and Chief Executive Officer of Life Insurance Corporation of India (LIC), the state-run insurance giant.A notification issued by the Department of Financial Services on Monday confirmed the appointment, following the approval of the Appointments Committee of the Cabinet chaired by the Prime Minister, PTI […]

Donald Trump tariffs: Relief for Indian exporters as US delays deadline; interim trade deal talks continue

The United States has extended the suspension of its April 2 reciprocal tariffs until August 1, offering Indian exporters a temporary reprieve and giving negotiators more time to resolve pending issues under an interim trade deal.India, which is in advanced talks with Washington to secure a bilateral trade agreement, was notably absent from the list […]

India-US interim trade deal may be finalised this week, claims report; India hardens stance on agriculture – says ‘red lines will not be crossed’

The US seeks market access for GM crops and cattle feed in India, which presents a delicate situation for New Delhi. (AI image) India-US trade deal: With Indian officials extending their stay in the US, the trade deal between the two countries may be finalised as early as this week. The provisional agreement, amongst the […]

Economy

India, US in last-lap talks to finalise interim trade deal before tariff deadline

The Indian delegation, led by Rajesh Agrawal, was originally scheduled to return earlier, but prolonged talks prompted a three-day extension.  | Photo Credit: iStockphoto The Indian team, headed by special secretary in the department of commerce Rajesh Agrawal, will remain in Washington till Monday for negotiations on an interim trade agreement with the US, an […]

Sat Pal Bhanoo takes interim charge as LIC MD, CEO

NEW DELHI: Life Insurance Corporation of India (LIC) on Sunday said Sat Pal Bhanoo has been given additional charge of MD and CEO of the insurance company following approval of the department of financial services.Bhanoo will be leading the company for a period of 3 months with effect from June 8 or till assumption of […]