Author: TI Editor

India mandates third-party vehicle insurance, or liability insurance, for all motorists to cover damages or injuries caused by the policyholder to someone else.  The Insurance Regulatory and Development Authority of India, or Irdai, typically revises the premium rates for third-party vehicle insurance policies every 1-2 years under the Motor Vehicle Act. However, its last rate revision was in June 2022. India saw a temporary surge in the sales of motor insurance policies after the covid years as new vehicle sales increased. However, the pace has since moderated, partly due to the stagnation in the policy rates for third-party vehicle insurance…

The UK’s data protection regulator has launched an investigation into TikTok’s handling of teenagers’ personal data and how it influences content recommendations on the platform.The Information Commissioner’s Office (ICO) expressed concerns about social media platforms using data generated by children’s online activity to power recommendation algorithms. The watchdog is particularly worried about the potential exposure of young users to harmful or inappropriate content.John Edwards, the Information Commissioner, highlighted the importance of ensuring safety procedures for teenagers aged 13 to 17.“It’s what they’re collecting, it’s how they work,” he stated. “I will expect to find that there will be many benign…

Choosing the best 8kg washing machine in India ensures efficient cleaning for medium to large households. With advanced features like inverter motors, steam wash, smart connectivity, and multiple wash programs, these machines offer both convenience and performance. Whether you need a top-load or front-load model, brands like LG, Samsung, Whirlpool, and IFB provide energy-efficient options with high spin speeds for faster drying.A 5-star energy rating, in-built heater, and hygiene steam technology enhance washing quality while saving water and electricity. From stain removal to fabric care, the best 8kg washing machine delivers a seamless laundry experience. Before buying, consider wash programs,…

WASHINGTON (AP) — The U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation. In a Sunday evening announcement, Treasury said in a news release that it will not impose penalties now or in the future if companies fail to register for the agency’s beneficial ownership information database that was created during the Biden administration. Despite efforts by small businesses to undue the rule in the courts, it remains in effect. On Sunday, President Donald Trump on his Truth Social media site praised the suspension of enforcement of…

The Poco M7, Poco’s latest smartphone, has finally made its way to the Indian market today, March 3. It sits below the Poco M7 Pro 5G, which was launched in December last year. The device comes with a Snapdragon chipset, a large battery, and a 50-megapixel camera—all at a starting price of ₹9,999. But if you’re wondering how it compares to the Poco M7 Pro, to make things easier for you, we have compared both devices. Read on.Poco M7 vs Poco M7 Pro: PerformanceWhen it comes to performance, there is a major difference. The Poco M7 is powered by the…

Mumbai: A London court has ruled in favour of IDBI Bank, directing a firm linked to former Aircel promoter Chinnakannan Sivasankaran to pay $143.7 million (about ₹1,250 crore) towards principal and interest on a defaulted loan.The dispute stems from a $67 million loan taken in 2014 by Axcel Sunshine Ltd, a British Virgin Islands-based subsidiary of Siva Industries and Holdings Ltd. Siva Industries had provided a letter of comfort for the loan, which was issued by the now-defunct Dubai International Financial Centre branch of IDBI Bank.Sivasankaran is the promoter of the Siva Group, of which Siva Industries is a part.…

Of the denim fabric maker’s 2,200 workers, spread across six plants, more than 1,700 are from the eastern states of Odisha, Bihar, West Bengal and Assam. The 52-year-old native of West Bengal has been in the human resources role for 13 years. He claims he can now understand the mindset of migrants really well. Those from Odisha are the most efficient, he vouches. “Most migrants work hard, but what sets workers from Odisha apart is their skills. They are well trained,” he said. The company, he explained, has benchmarks to evaluate all workers. For instance, those working in the ring…

Samsung has officially introduced the Galaxy A56 5G and Galaxy A36 5G smartphones in India, following their global debut ahead of the Mobile World Congress (MWC) 2025. The devices have now been listed on the company’s Indian website, with pricing details confirmed for both models. However, the price for the Galaxy A26 5G remains undisclosed at this time.Pricing and Launch OffersThe Samsung Galaxy A56 5G starts at ₹41,999 for the base variant with 8GB RAM and 128GB storage. The mid-tier model with 8GB RAM and 256GB storage is priced at ₹44,999, while the top-end version featuring 12GB RAM and 256GB…

New Delhi: Sudarshan Chemical Ltd believes it can shield itself from US President Donald Trump’s proposed reciprocal tariffs owing to its 19 manufacturing facilities across 11 countries, including one in America.The Pune-headquartered company acquired Germany’s Heubach Group for ₹1,180 crore in October 2024, giving it a network of facilities, including the one at Fairless Hills, Pennsylvania, US.“This new acquisition gives us a lot of flexibility and options. If there are tariffs on Mexico, we supply from Europe and India. If there are tariffs on India, we supply from Europe into the US market,” said Rajesh Rathi, managing director at Sudarshan…

Investment word of the day: Investing in the stock market may be intimidating, especially for beginners. Many struggle with understanding essential stock market terms, making the process complex. Here’s a simple guide to one such term: active funds. Let’s see what active funds are, how they work, and why they matter.What are active funds?Investors can choose between two types of prominent mutual funds: active and passive. Active funds or actively managed mutual funds require a professional fund manager who chooses and manages a portfolio of securities in accordance with market indices such as S&P 500, Nifty 50, etc. Unlike passive funds…