Saturday, October 17
In a significant move to support Indian students studying abroad, insurance companies in India have introduced travel policies that offer coverage for visa revocation, job loss, and unexpected emergencies. These policies aim to provide students with financial protection and peace of mind as they navigate the challenges of international education, as per a report by The Times of India. Indian insurers have launched student-specific travel insurance policies that cover risks such as visa cancellation and unemployment after study, providing a cost-effective and comprehensive safety net for students overseas.With more Indian students pursuing higher education in countries like the US, UK, Canada, and Australia, the need for robust insurance coverage has grown. Traditional international insuran
India’s defence stocks retreated on Monday, as investors locked in profits following last week’s sharp gains. Shares of Cochin Shipyard, Mazagon Dock Shipbuilders, Hindustan Aeronautics Ltd (HAL), and Garden Reach Shipbuilders & Engineers (GRSE) fell as much as 4%, pausing a spectacular run-up driven by bullish sentiment around new order flows and the success of Operation Sindoor.Shares of Mazagon Dock slipped 4.2% to Rs 3377.40 on the BSE, while Cochin Shipyard declined 3.7% to Rs 1960.05. HAL dropped as much as 3% to Rs 4972.10, and GRSE fell 4.4% to Rs 2372.20. All four stocks had logged double-digit percentage gains in the previous week, with Cochin Shipyard and GRSE climbing over 40% from May 9 to May 17.The pullback reflects profit-taking after a dramatic rally sparked by the
China's economy showed signs of slowing in April as President Donald Trump's trade war took a toll, with retail sales, property and investment coming in weaker than economists had forecast. Industrial production slowed as Trump's painfully high tariffs of up to 145%, and 125% retaliatory duties imposed by Beijing, took effect and shipments were curtailed. National Statistics Bureau spokesperson Fu Linghui said the general trend was positive though he pointed to "external shocks" that had gained intensity. "It should also be noted that there are still many outside unstable and uncertain factors, and the foundation for the continued recovery and improvement of the national economy needs to be further consolidated," Fu said. Here are a few key indicators reported Monday. Retail sales Chine
