ICICI Lombard shares plunge 15 pc as Q1 profit declines 46 pc

IANS | July 16, 2026 11:52 AM

New Delhi, July 16 (IANS) Shares of ICICI Lombard General Insurance tumbled nearly 15 per cent on Thursday in morning session after the company's June quarter earnings missed market expectations, with profit hit by higher claims and additional reserve provisions.

ICMR drone project reduces TB diagnosis time, eases patient burden

IANS | July 16, 2026 11:46 AM

New Delhi, July 16 (IANS) The Indian Council of Medical Research’s flagship i-DRONE initiative demonstrated that drone‑assisted transport of TB sputum samples improved access to diagnostic services for people living in remote and underserved areas in the Yadadri‑Bhuvanagiri district, Telangana, the government said on Thursday.

DGMA directs shipping firms to avoid deploying Indian seafarers via Strait of Hormuz

IANS | July 16, 2026 10:29 AM

New Delhi, July 16 (IANS) The Directorate General of Maritime Administration (DGMA) has directed ship owners, ship managers and Recruitment and Placement Service Licence (RPSL) companies to avoid deploying Indian seafarers on vessels undertaking voyages through the Strait of Hormuz until further orders, citing the heightened security situation in the Gulf region.

Govt hikes windfall duty on diesel, ATF exports

IANS | July 16, 2026 9:22 AM

New Delhi, July 16 (IANS) The Centre has raised windfall taxes on exports of diesel and aviation turbine fuel (ATF) while lowering the levy on petrol exports, as surging global oil prices driven by the escalating US-Iran conflict boosted refining margins, with the revised rates taking effect from Thursday.

India–UK CETA to boost exports, manufacturing and sectoral growth: Industry experts

IANS | July 15, 2026 9:05 PM

New Delhi, July 15 (IANS) The India–UK Comprehensive Economic and Trade Agreement (CETA), which came into effect on Wednesday, is expected to significantly boost exports, manufacturing and bilateral trade across key sectors, with industry experts, government officials and exporters saying the pact will create new opportunities for Indian businesses and strengthen the country's global trade footprint.

India–UK CETA among the most aspirational trade pacts signed by India: Commerce Secretary

IANS | July 15, 2026 8:37 PM

New Delhi, July 15 (IANS) The India–UK Comprehensive Economic and Trade Agreement (CETA) is one of the most comprehensive and aspirational trade agreements signed by India, bringing together two large and complementary economies while promising significant gains for labour-intensive sectors and agriculture, Commerce Secretary Rajesh Agarwal said on Wednesday.