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Insurers tighten focus on motor third-party fraud
Industry executives said the issue is becoming widespread. MUMBAI: Non-life insurers are moving decisively to tackle motor third-party fraud to curb losses, which have risen due to higher court awards for victims and the impact of uninsured vehicles on premium collections.Go Digit General Insurance said it secured an order from Madras High Court on July…
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Oil prices hold near one-week high as Strait of Hormuz reopening remains in limbo
Oil prices hold weekly gains as traders turn cautious over Strait of Hormuz reopening Oil prices stayed near their highest level in more than a week on Tuesday as hopes of a US-Iran deal to end their war and reopen the Strait of Hormuz weakened. WTI crude stood 0.09% up to $82.22 a barrel, while…
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Nvidia: $500 billion AI boom: Nvidia, Wall Street giants join hands for chip, data centre push
Nvidia has joined hands with six Wall Street giants to raise over $500 billion to finance the next phase of AI infrastructure. Nvidia is turning to some of the world’s biggest financial groups to help fund the next phase of the artificial intelligence boom. Six Wall Street giants have joined the effort, which could raise…
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Gold price prediction today: Should you chase rally or buy gold on dips? Check August 11, 2026 outlook
Gold prices may not be that much sensitive to higher oil prices as has been the case in the last few months unless oil surges sharply higher. However, as the Middle East situation remains volatile, gains in gold could be limited unless oil falls. Buying the dips is preferred over chasing the rally. Source link
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Rupee slips 8 paise against US dollar as crude prices continue to rise
Rupee tumbled 8 paise against the greenback as crude prices continue to rise The rupee began Tuesday on a weak note, falling 8 paise to 95.38 against the US dollar in early trade, as uncertainty over the ongoing Middle East crisis and a rise in crude oil prices overnight weighed down the currency. Pressure also…
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Top stocks to buy today: Stock market recommendations for August 11, 2026 – check list
Top stocks to buy on August 11, 2026 Stock market recommendations: Mazagon Dock Shipbuilders, ICICI Lombard General Insurance, JSW Energy, and DLF – Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan has identified these as the top stocks to buy today on August 11, 2026:Mazagon Dock Shipbuilders: Buy in the range of Rs 2574-2575;…
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Stock Market Today Live Updates: BSE Sensex slips over 300 points in early trade, NSE Nifty50 slips to 24,500 levels
Stock market today: BSE Sensex slips over 250 points in early trade, NSE Nifty50 slips to 24,510 levels Benchmark indices began the session under pressure, with both BSE Sensex and NSE Nifty slipping in early trade. The BSE Sensex was at 78,286.46, down 255.98 points or 0.33%, while the Nifty 50 stood at 24,510.70, lower…
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Trump Media Q2 results: US president-led media ventrue posts $238 mn loss as crypto holdings tumble
Crypto losses deepen Trump Media’s woes as company doubles down on Truth Social Trump Media & Technology, the company behind US President Donald Trump’s Truth Social platform, reported a $238 million loss in the second quarter, as the value of its bitcoin and Cronos holdings tumbled. The three-month loss through June was more than 10…
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Telecom companies report 24.4bn spam calls, messages in April-June
Enforcement against offenders has also intensified. NEW DELHI: India’s fight against spam is getting more aggressive. Telecom operators flagged 24.4 billion calls and messages as suspected spam during April-June, while regulatory action was taken against more than 1.8 lakh telecom resources, according to data released by Trai.AI-based systems deployed by telecom operators identified 22.9 billion…
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Vodafone Idea Q1 loss narrows to Rs 3,754 crore post dues relaxation
The company posted a 10.2% rise in the customer ARPU. NEW DELHI: Debt-ridden telecom firm Vodafone Idea on Monday reported a narrowing of loss to Rs 3,754 crore in the first quarter of the current fiscal mainly on account of relaxation given by govt on dues. The company had posted a net loss of Rs…