Banks, fintechs join forces to fight money laundering, terror financing under new platformIndia's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other e...
16 Jun, 2026, 11.17 PM IST
GIC shares decline 6% as Rs 3,088 crore OFS opens at 9% discountThe government is set to divest up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale, opening today a...
16 Jun, 2026, 09.42 AM IST
Talent shortage triggers AI adoption among insurersA shortage of trained insurance professionals is driving insurers to automate claims processing, underwriting, and customer onboarding. Thi...
16 Jun, 2026, 06.00 AM IST
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...
16 Jun, 2026, 05.54 AM IST
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...
15 Jun, 2026, 09.11 PM IST
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...
15 Jun, 2026, 04.30 PM IST
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...
15 Jun, 2026, 11.11 AM IST
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...
15 Jun, 2026, 11.08 AM IST
Ebola anxiety puts a chill on Indian travellers' hot Africa summer plansIndian travellers are rethinking African holidays due to Ebola fears. Travel bookings for East and Central Africa are declining. Many are p...
14 Jun, 2026, 07.10 AM IST
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 ...
12 Jun, 2026, 05.35 PM IST
Keshav Reddy's Equal AI raises $30 million in round led by Prosus, Tomales Bay CapitalThe round also saw participation from Think Investments, Valiant Fund, PhonePe founder Sameer Nigam, and Zubin Bharti Mittal, among others....
12 Jun, 2026, 02.43 PM IST
Indian-American arrested in California for allegedly defrauding bank of $100 millionAn Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...
11 Jun, 2026, 10.22 AM IST
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...
11 Jun, 2026, 06.00 AM IST
Life insurers' premium income up 19% in Apr-MayLife insurance premiums surged 19% to ₹62,581 crore in April-May, fueled by strong individual policy sales and improved retail demand post-...
10 Jun, 2026, 12.35 AM IST
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 ...
10 Jun, 2026, 12.27 AM IST
Promoter entities sell Rs 153 crore worth shares in Motilal Oswal block deal; HDFC Life picks up stakeTwo promoter-group charitable entities of Motilal Oswal Financial Services sold shares worth about Rs 153 crore through block deals, with H...
08 Jun, 2026, 08.21 PM IST
Maternity cover in group health insurance plans: Why outdated limits leave employees paying more out of pocketOne of the biggest advantages of a group policy is the waiver of the maternity waiting period. In individual policies, maternity typically ...
08 Jun, 2026, 11.58 AM IST