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INSURANCE SECTOR REFORMS 2025
From niche to mainstream: How India's bond market reinvented itself over the last 10 yearsIndia's bond market has seen a dramatic overhaul, becoming more open and globally connected. Key reforms by SEBI, including lowered minimum...
From niche to mainstream: How India's bond market reinvented itself over the last 10 yearsIndia's bond market has transformed significantly over the last decade, moving from an opaque, institutional-focused space to a more transp...
Don't worry, banks have shock absorbers: RBIIn its bi-annual Financial Stability Report, the RBI flagged concerns over customer service in the insurance sector and again cautioned tha...
Solvency buffers at insurers thinning; general insurance sector more of a concernThe Reserve Bank of India's latest report highlights concerns over thinning capital in the insurance sector. While life insurers remain com...
Catch 'em before they fall: India's new climate safety netIndian cities face a dual threat of extreme heat and torrential monsoons, severely impacting informal workers. Traditional insurance and go...
Govt approves proposal to amend Khadi and Village Industries Commission ActThe government has approved amendments to the KVIC Act, 1956, to modernize the Khadi and Village Industries sector. These changes aim to bo...
Two general insurance licences approved since 100% FDI move by govt: Irdai chairman Ajay SethIndia's insurance regulator has greenlit two proposals for 100% foreign ownership in general insurance firms, following the government's FD...
Darjeeling tea industry seeks Centre's support amid deepening financial stressDarjeeling's famed tea industry is facing severe financial strain due to aging bushes, climate woes, and labor shortages, leading to a sign...
My wife and I declared diabetes in our health insurance policy. Will it cover new illnesses too?ET Wealth Reader's Query: My wife and I have had a floater health insurance policy for over four years. We declared diabetes as a pre-exist...
Future growth will depend on governance quality in public, private institutions: HDFC's ParekhIndia's future prosperity hinges on robust governance across public and private sectors, emphasized HDFC Bank Chairman Deepak Parekh. He hi...
PFC-REC merger explained: Swap ratio, rationale, other key details as merger set to create Rs 11 lakh cr power financing giantThe proposed merger of Power Finance Corporation and REC will create India's largest power sector financing institution with a combined loa...
Turtlemint Fintech shares list at 11% discount to IPO price on NSE, BSETurtlemint Fintech Solutions experienced a subdued market debut, with shares listing at a discount to their IPO price on both NSE and BSE. ...
Commerce ministry convenes stakeholders' meet on June 30 on SEZ issuesThe commerce ministry is convening a stakeholder meeting on June 30 to address critical issues concerning Special Economic Zones (SEZs). Di...
El Nino may force India to boost rice-based ethanol output for E20 goalIndia might need to boost rice-based ethanol production for E20 fuel blending by 2026-27. El Nino's impact on sugarcane and maize crops cou...
India well-poised for rapid growth despite risks from West Asia war and El Nino: ITCDespite facing geopolitical instability and weather-related challenges, India's economy is expected to grow robustly at 6.9% in FY27. This ...
HDFC Life reports 12 per cent premium growth in FY26, retail protection business rises 43 per centHDFC Life Insurance reported a robust 12% year-on-year growth in total premium for FY26, with its retail protection business soaring by 43%...
Service output index to debut next month with FY25 baseIndia is set to launch the Index of Service Production (ISP) next month, a crucial new monthly indicator mirroring the Industrial Productio...
India's GIC Re plans to reduce share of overseas property risk as climate losses riseIndian reinsurer GIC Re is strategically shifting its overseas business focus. Amidst escalating climate-related losses globally, the compa...
World Bank approves USD 1.5 bn loan to support India's reforms, job creationIndia's push for private sector-led growth and job creation has received a significant boost with the World Bank approving USD 1.5 billion ...
SBI's improving performance warrants better valuation, chairman Setty says: ReportState Bank of India's chairman believes the bank is undervalued, citing improvements in financial strength, customer base, and earnings. He...