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Dull demand, high inventory, and falling prices to cut revenues of diamond polishers by 30-35%: Crisil, ET Retail

Highlighting the impact of the Israel - Hamas war, Rahul Guha, director, CRISIL Ratings, said, “Israel imports ~$1.25 billion worth of polished diamonds annually from India. With the country now declaring a war on the Palestinian militant group Hamas, this number could be at risk.”
Rahul Guha European Union Representative Image Representative Imagenew Delhi Chinese New Year Rahul Guha

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IRDAI enforces mandatory coverage for employees in private car policies

The IRDAI, in response to directives by the Madras High Court, has introduced changes to the Indian Motor Tariff 2002, making it compulsory for General Insurers to include coverage for employees under IMT-29 (Indian Motor Tariff) as an inbuilt feature within private car insurance policies.
Tamil Nadu Compulsory Motor Third Party Liability Development Authority Of India Madras High Court Representative Image Insurance Regulatory

Miffed over NTCA numbers, Odisha begins its own tiger census in Similipal

The state alleged that not enough camera traps were put up and large inviolate areas and suitable habitats in south Odisha were not taken into account by the National Tiger Conservation Authority in the latest all India estimation of tigers
India General Madhya Pradesh Prakash Chand Gogineni Wildlife Institute Of India National Tiger Conservation Authority Similipal Tiger Reserve

India's high quality labour-intensive goods to get benefit from FTA with UK; though overall gains limited: GTRI, ET Retail

In 2022-23, Indias merchandise exports to the UK were valued at USD 11.41 billion and out of this, USD 6 billion worth of goods such as petroleum products, medicines, diamonds, machine parts, airplanes, and wooden furniture entered Britain at zero levy, it said.
United Kingdom Aston Martin Ajay Srivastava Global Trade Research Initiative Representative Image Representative Imageindia

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