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Traders call off 'No UPI Day' protest plan after meet with FM SitharamanFinance minister Nirmala Sitharaman met small-trader representatives on Wednesday, following which the AICPDF and AIMRA withdrew their prop...
‘Focus on claim ratios, not commissions’: Bajaj General CEO on insurance reformBajaj General Insurance's MD highlights the need to focus on claim ratios instead of distributor commissions. The insurance regulator recen...
Two Indians indicted in US over alleged smuggling, sale of counterfeit OzempicTwo Indian nationals have been indicted for selling counterfeit Ozempic, a weight-loss drug, in the US. Swapnadip Roy was extradited from I...
IT firms cut H-1B reliance; Anthropic flags AI risks in IPO filingTop Indian IT firms have sharply cut H-1B visa filings as rules tighten. This and more in today’s ETtech Top 5.
Fireside invests in Soulfull founder Parameswaran's new venture Arovia ConsumerArovia is a holding company that will take a significant stake in select high-potential packaged food businesses and partner with their pro...
IRDAI proposes sweeping changes to insurance distribution: Commissions, costs, mis-selling rulesThe customer-centric proposals aim to increase transparency, cut distribution costs and reduce insurer expenses.
Rs 4 lakh crore loss! Why India's storied consumer stocks are languishing near the bottom in 2026In India, major consumer stocks have suffered a staggering drop, with market values plummeting by nearly Rs 4 lakh crore. Even with an upti...
Festive shopping gets costlier as brands plan to hike AC, TV and appliance prices from October 1Consumer electronics and appliance manufacturers in India will increase prices of products by 5-8% starting October 1. The rise in prices i...
Irdai commission caps put insurance distributors' renewal income in focusInsurance distributors are expected to write to the regulator on this issue as part of their submissions to IRDAI's consultation paper, sou...
Insurance mis-selling is arising because upfront commissions are too high: IRDAI chairman Ajay SethIRDAI chairman Ajay Seth said insurers should pass savings from lower commissions and operating costs to policyholders through lower premiu...
Insurance mis-selling is arising because upfront commissions are too high: Ajay Seth, Chairman, IRDAIThe benefit of cost efficiency should be passed on to customers. This entire exercise is intended to ensure that the public and policyholde...
Insurance commission revamp to push insurtech firms to the brinkThe regulator has proposed lower commission limits for distributors that sell products from several insurers, with sharp cuts across health...
IRDAI commission proposal may push PB Fintech closer to insurance manufacturing, says Yashish DahiyaThe company said lower distribution commissions could alter the economics of its existing model and make insurance manufacturing a more rel...
Tighter mis-selling rules, easier insurance buying and more: 4 prominent changes proposed by IRDAI that could affect policyholders the mostThe IRDAI has proposed transformative reforms to enhance insurance distribution in India, focusing on affordability and transparency. Key c...
Irdai proposes ban on insurance website ‘dark patterns’, seeks lower distribution costsIrdai proposes prohibiting dark patterns on insurance websites that require personal details to access information. The reforms aim to impr...
Over 167,000 pounds of beef, pork and goat meat recalled nationwide over false USDA inspection mark. Here's what consumers should be aware ofA massive recall of meat products has been announced following improper inspections and counterfeit USDA markings, impacting over 167,000 p...
About 170,000 pounds of raw pork, beef and goat meat recalled in US: Reason, affected batches and what to do if you have anyThe USDA has announced to recall nearly 167,639 pounds of raw meat products due to serious safety concerns. These products were made withou...
MP traders protest UPI MDR with ‘No UPI Day’, urge customers to pay cashTraders across Madhya Pradesh organized a 'No UPI Day' protest against the imposition of a 0.4% fee. The protest involved covering QR codes...
'Retailers likely to pass UPI MDR to consumers'Retail associations are voicing concerns that the proposed UPI charge will inevitably be transferred to consumers, either as new fees on bi...
FMCG distributors seek zero-MDR for UPI transactions; write to PMThe association urged the government to address the implications of calculating the merchant discount rate on gross payments and resulting ...