
Under the “Beed formula” or under PMFBY, if the total claims are less than 80% of the total collected premium, the insurance company will retain 20% of the gross premium and the remaining amount is to be refunded to the State

Oil prices whipsawed after reports of a possible U.S.-Iran framework deal briefly sent Brent plunging, only for fresh U.S. strikes on Iran to push crude back toward $100. Probable Super Niño Adds Insult to Injury for LNG Buyers - The arrival of a powerful El …