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2026-03-13 01:37:30| The Economic Times

Mumbai's commercial insurance market is experiencing a significant premium drop as insurers slash rates to secure large corporate clients. Property and industrial cover prices have plummeted, with natural catastrophe covers seeing discounts of 60-75% and preferred risks up to 85-90%. This aggressive pricing strategy, described as a "bloodbath," raises concerns about the sector's viability amid potential adverse events.

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2026-03-13 01:30:59| The Economic Times

The Reserve Bank of India wants details on overseas rupee derivative trades. Foreign banks operating in India are resisting this move. They cite difficulties in accessing offshore deal information and jurisdictional concerns. The RBI aims for better market visibility to manage rupee volatility. This proposal could impact how international financial institutions operate within India.

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2026-03-13 01:13:49| BBC News | Business | World Edition

Flights are restricted due to the conflict leaving people stuck running up bills for rooms and food.

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