Risky Strait of Hormuz: Marine insurance costs surge

MUMBAI: Iran’s parliamentary move to approve the closure of the Strait of Hormuz, an oil shipping chokepoint, has jolted global insurance markets. Already uneasy over the Red Sea disruptions, marine insurers are now bracing for a spike in war risk premiums and the possible withdrawal of war cover across the Persian Gulf.“The ongoing Iran-Israel-US conflict…

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Sonakshi Sinha breaks silence on her rumoured rift with brothers Luv and Kussh Sinha: ‘My effort is always to support them…’ | Hindi Movie News

Sonakshi Sinha has addressed recent speculation about tensions within her family and her rumoured rift with her brothers, Luv and Kussh. The rumours gained momentum following her wedding to longtime partner Zaheer Iqbal. Both Luv Sinha and Kussh Sinha were absent from the wedding, which stirred the internet and raised concerns among fans.Sonakshi Sinha about…

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Simplify processes, speed up refunds, Finance minister Sitharaman tells tax officials

NEW DELHI: Finance minister Nirmala Sitharaman on Monday asked top direct tax officials to make the processes simpler, transparent, and taxpayer-friendly, while seeking to speed up cases of disputed tax demand.During a meeting with principal chief commissioners of income tax, the minister called for a “structured, process-driven approach to compliance” focusing on greater ease for…

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