Delays in allocating preferential tariff rate quotas (TRQs) for gold imports under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) have left Dubai-based bullion exporters in uncertainty, disrupting legitimate precious metal trade corridors between the two countries. Under the bilateral trade pact, designated Indian importers are entitled to import fixed quantities of gold from the UAE…

ICICI Prudential Life Insurance Ltd. reported a 27.8 per cent year-on-year increase in profit after tax (PAT) to ₹386 crore for the quarter ended June 2026, supported by strong growth in its retail protection business and operational efficiencies. The insurer’s term insurance (retail protection) business grew 60.4 per cent year-on-year during the first quarter of…

Shriram Finance reported a strong financial performance for the first quarter of FY2026-27, with net profit rising 59.79% year-on-year to ₹3,444.6 crore, driven by healthy growth in lending and improved margins. On a sequential basis, profit increased 14.30%, reflecting sustained business momentum. Net interest income (NII) climbed 33.67% year-on-year to ₹8,055.7 crore, while total income…

Xiaomi is reportedly planning a global release for its upcoming Xiaomi 18 Pro flagship, expanding the reach of its distinctive rear-screen concept outside its home market in China. According to industry leaks, the device—codenamed “Venice”—could be launched in international markets including Japan, Russia, Taiwan, Turkey, and countries across the European Economic Area (EEA), though availability…