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SC's ₹30,000 homemaker benchmark may lift accident compensation payoutsA Supreme Court ruling has assigned a notional monthly value of ₹30,000 to unpaid household work. This decision is expected to significantl...
Zerodha, Groww, Angel One, Upstox get Gift City nod to offer US stocks to Indian investorsLeading Indian fintechs Groww, Zerodha, Angel One, and Upstox have secured licenses from IFSCA to offer international equity investing to I...
Brent oil price drops under $80 on US-Iran dealOil prices fell to a three-month low Tuesday on optimism over the expected reopening of the Strait of Hormuz after a peace deal between the...
Talent shortage triggers AI adoption among insurersA shortage of trained insurance professionals is driving insurers to automate claims processing, underwriting, and customer onboarding. Thi...
Irdai seeks to ease investment rules in insurance sectorThe Insurance Regulatory and Development Authority of India (Irdai) is proposing significant changes to ownership and capital structure reg...
Angel One settles SEBI case with ₹4.28 crore paymentAngel One has settled a securities law violation case with Sebi. The company paid ₹4.28 crore to resolve allegations of supervisory lapses....
Govt to sell up to 5% stake in insurer GIC via OFSThe Indian government is set to divest up to a 5% stake in General Insurance Corporation. This offer for sale begins for non-retail investo...
The old health insurance model sees hospitalisation as an inconvenience, says Narayana Health's Viren Prasad Shetty; bets on managed care modelIt has been close to two years since Narayana Health’s wholly owned subsidiary, Narayana Health Insurance—which has adopted a ‘managed heal...
The hidden cost of looking better: What health insurance covers, and what it leaves you to payRising demand for weight-loss drugs, cosmetic procedures and wellness treatments is creating a growing out-of-pocket healthcare expense cat...
On This Day in History, June 15: Magna Carta sealed, first blood transfusion experiment, Batman Begins released and other key eventsOn This Day in History, June 15 features landmark moments spanning law, science, war and culture. From the sealing of Magna Carta in 1215 a...
Rs 1 lakh salary, Rs 20,000 savings: Is early retirement possible? 22-year-old starts retirement planning from day one of careerA 22-year-old who is about to start a job in Mumbai with a monthly salary of around Rs 1 lakh turned to Reddit for advice on retirement pla...
Corporate job quit, real estate reality: Man shares 9 eye-opening lessons after 6 monthsA former corporate project manager has gone viral sharing insights from his six months as a real estate broker in Haryana. He has already c...
GIC's common empanelment of hospitals win-win for all stakeholders: IFFCO-TOKIO MDThe General Insurance Council is introducing a common hospital empanelment platform. This initiative aims to streamline processes for over ...
Australia imposes record $211 million fine on collapsed broker Union Standard, representativesAustralia's federal court has imposed a record A$300.2 million fine on Union Standard and its representatives. The foreign exchange broker ...
Proposed commission caps may drive consolidation in insurance distribution: Acko CEOAcko founder Varun Dua anticipates regulatory changes to insurance distributor commissions will drive consolidation and professionalization...
Global markets: Australian shares rebound as banks and consumer stocks rallyAustralian shares rebounded on Wednesday, driven by gains in banks and consumer stocks, as softer economic data eased rate hike expectation...
These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsIf oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...
Insurance CEOs’ pay now linked to claims and customer grievances: What it means for policyholdersInsurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...
Global Market: Hong Kong financial stocks tumble as China tightens capital outflow controlsHong Kong financial shares fell Friday. Beijing's new capital controls are causing concern. Global banks with mainland China business face ...
Insurers racing to ‘AI-proof’ systems as IRDAI flags risksIndian insurers are rethinking how they assess cyber risks. Regulators have asked them to review exposure to artificial intelligence-driven...