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LIC reveals details of its 3 new plans: Check benefits of New Jeevan Dhara-II, Health Shield and New Cancer CoverLife Insurance Corporation of India is set to launch three new insurance products on October 19, 2026. These offerings, namely New Jeevan D...
Canada's Warren Buffett bets his billions on India. What does he see?Prem Watsa’s Fairfax Financial will acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, marking India’s largest cross-border banking d...
Bank failed to pay Rs 100 for insurance renewal, family's Rs 2 lakh claim rejected after son's death; SBI ordered to pay Rs 2.1 lakhA consumer commission in Aligarh has directed State Bank of India (SBI) to pay Rs 2 lakh to a woman whose son died after the bank failed to...
Fusion CX IPO Day 2: GMP at 12%; check subscription status, other key details. Should you subscribe?Fusion CX IPO received 41% subscription on Day 1, with a 12% grey market premium indicating potential listing gains. Priced at Rs 275–289 p...
ICICI Lombard Q2 net profit growth 15.5%; Rs 7 dividend announcedICICI Lombard General Insurance achieved a net profit of ₹946 crore in the second quarter of FY2023, reflecting a 15.5% increase. The insur...
Insurers may face higher crop cover claims in Andhra Pradesh, Maharashtra, KarnatakaIn Maharashtra, insurers' liability could be capped at Rs 1,540 crore before the state government takes over claims beyond that level. The ...
BlackRock, Goldman Sachs, Nomura among key investors as Zetwerk mops up Rs 2,251 crore in anchor bidding; IPO opens on Oct 15Zetwerk Manufacturing Businesses raised Rs 2,251 crore from 99 anchor investors, including BlackRock, Goldman Sachs and Nomura, ahead of it...
Travel insurance mandatory for all railway passengers including offline tickets bought at rail counters from this date, Supreme Court order; Know how this helpsThe Supreme Court of India has ruled that all train tickets must include mandatory travel insurance starting October 27, 2026. This decisio...
Fusion CX IPO opens for subscription; GMP at 12%. Should you bid or skip?Fusion CX’s Rs 702-crore IPO is open for subscription from October 14 to 16. The issue is priced at Rs 275-289 per share, with a minimum re...
Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
IRDAI may allow transition period for insurance fee capIRDAI Chairman Ajay Seth said the regulator is examining industry feedback on a consultation paper that is open until October 25, while mai...
Office critical illness cover: How well does it protect employees and their families?The distinction matters for how HR teams design the benefit. A fixed benefit CI policy addresses income replacement and non medical costs t...
Visa denied, trip cancelled: Can travel insurance help you recover your losses?Some insurers now reimburse visa fees if your application is rejected. But modest payouts, exclusions and multiple conditions can limit the...
GST reforms: What changes in compliance, input tax credit, refunds and litigation from 2027The latest changes proposed by the GST Council will help cut costs and ease cash flow for companies. To curb cascading tax, ease working ca...
Social Security $90 extra deposit: When will payments arrive, who qualifies and why some Medicare beneficiaries will miss outIn a bid to provide financial relief, millions of Americans enrolled in Medicare started receiving a one-time payment of $90 aimed at easin...
Canara HSBC Life Q2 profit rises 5% YoY to Rs 43 croreCanara HSBC Life Insurance Company's September quarter has marked a significant growth, with a 5 percent rise in net profit, totaling Rs 43...
Nomura becomes latest brokerage to cut PB Fintech share price target by 31%, lists 2 scenarios for fair priceNomura has cut PB Fintech’s target price by 31% to Rs 1,100 after proposed IRDAI curbs on insurance website practices and commissions. The ...
Good news for employees: Input Tax Credit on group health and life insurance allowed; Know how it employeesNow GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it he...
IRDAI and the avoidable art of regulatory jaywalkingThe recent policy adjustments by IRDAI have led to a marked decline in investor confidence and value within the insurance industry. The tra...
Insurance brokers oppose IRDAI commission caps, warn of 60-70% revenue hitInsurance brokers in India are opposing commission cap proposals from the Insurance Regulatory and Development Authority of India. They war...