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RBI puts curbs on banks' sale of third-party productsThe Reserve Bank of India has prohibited third-party incentives to employees of regulated entities, while allowing banks and NBFCs to rewar...
Talent shortage triggers AI adoption among insurersA shortage of trained insurance professionals is driving insurers to automate claims processing, underwriting, and customer onboarding. Thi...
RBI releases final guidelines on marketing, sales incentives of financial productsRBI has prohibited third-party incentives to employees of regulated entities for selling financial products, while allowing banks and NBFCs...
No Covid, yet Rs 3.71 lakh hospital bill: Gujarat man's insurance paid only Rs 1.78 lakh, deducting Rs 1.64 lakh; Then court delivered justiceA Gujarat consumer commission ordered a hospital and doctor to refund Rs 1.64 lakh to a patient. The patient was wrongly billed under a Cov...
Rebel TMC MPs announce merger with Nationalist Citizens Party, seek separate seating in Lok SabhaA significant split is unfolding within the Trinamool Congress. Rebel MPs have announced their merger with the Nationalist Citizens Party. ...
NCPI welcomes merger with 20 rebel MPs from TMC: 'Why won't I be happy if my party grows?'Dey said that the decision about the merger from NCPI was taken by the party president, Shewly Kundu, adding that he remains committed to t...
What is NCPI? Why 20 TMC rebel MPs want to join this unknown Tripura party which could emerge as NDA's 2nd largest allyTwenty dissident TMC MPs have announced a merger with the Nationalist Citizens Party of India (NCPI), a move they say complies with anti-de...
'Reject political turncoats': Slogan of obscure party now welcoming TMC rebelsA small political party, the Nationalist Citizens Party of India, has unexpectedly entered national politics. This happened after twenty Lo...
Agentic AI adoption drives stronger governance oversight, risk controlsIndian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption...
FM Nirmala Sitharaman targets Rahul Gandhi, says India's growth story belies Opposition's doom predictionsResponding to Rahul Gandhi's criticisms, Finance Minister Nirmala Sitharaman confidently proclaimed India as the fastest-growing major econ...
Maharashtra may be next amid NDA's number pushPolitical focus shifts to Maharashtra amid speculation of Shiv Sena (UBT) MPs joining the Eknath Shinde faction. However, current numbers d...
Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
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...
Google Cloud outage in India after third-party data centre fire triggers shutdownThe cloud-computing unit said the fire led to an emergency power shutdown at the facility, isolating a local point of presence in Delhi a...
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 ...
CJI Surya Kant bats for mediation, says arbitration facing procedural hurdlesChief Justice of India Surya Kant highlighted mediation's importance at the Supreme Court of the United Kingdom. He stated that internation...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 26%Just look at developments in the past 48 hours. The war between Iran and Israel resumed, but within hours Tehran said it had halted all off...
Kiwi targets Rs 5,000 crore premium book with AI-led insurance modelA new general insurance company, Kiwi General Insurance, is set to launch in India. Backed by WestBridge Capital and Neelesh Garg, it plans...
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...
India’s shipping services to East Hormuz and Red Sea doubled from FebruaryShipping routes East of Hormuz and in the Red Sea have seen a significant increase in services. The Indian government is also processing a ...