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SBI General reports an 8.6% rise in net profit to Rs553 crore

SBI General reports an 8.6% rise in net profit to Rs553 crore

by AIP Online Bureau | Apr 25, 2026 | Data, Non-Life

Naveen Chandra Jha, MD & CEO, SBI General Insurance, said, “Our FY26 performance reflects our continued focus on growing faster than the market consistently while strengthening our core business and growing profit responsibly.” Mumbai:SBI General Insurance...
India’s commercial vehicle volumes to hit 12.4 lakh units in FY27 surpassing previous peak: Crisil

India’s commercial vehicle volumes to hit 12.4 lakh units in FY27 surpassing previous peak: Crisil

by AIP Online Bureau | Apr 25, 2026 | Data, Eco/Invest/Demography, Non-Life

The industry’s domestic recovery in FY26 was driven by multiple factors, including the GST rate cut from 28 per cent to 18 per cent in September 2025, which improved purchase economics and unlocked deferred demand. Easing interest rates, better freight...
FM calls for exceptional vigilance on cybersecurity risks in financial system

FM calls for exceptional vigilance on cybersecurity risks in financial system

by AIP Online Bureau | Apr 25, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

Nirmala Sitharaman,Union Finance Minister “…not just Sebi but all regulated entities will have to remain exceptionally vigilant. The tools of attack are evolving at high speed, and the tools of defence must evolve even faster,” Union Finance Minister...
New Insurance Act enshrines transparency in IRDAI’s functioning: Ajay Seth

New Insurance Act enshrines transparency in IRDAI’s functioning: Ajay Seth

by AIP Online Bureau | Apr 24, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Regulation

Ajay Seth, chairman, IRDAI “To my mind, that was the first time an act(The Sabka Bima Sabki Raksha (amendment of Insurance laws) Act, 2025) is talking about transparency in governance of the regulator. Now, that again is an indication of what the Indian...
Policybazar grows its NRI biz in GIFT City

Policybazar grows its NRI biz in GIFT City

by AIP Online Bureau | Apr 24, 2026 | Eco/Invest/Demography, Indian News, Technology, Wealth Management/ Philanthropy

Bimal Menon, principal officer, Policybazaar’s GIFT City Branch, said, “Among NRIs, GIFT City is gaining strong momentum as a preferred investment hub. This shift is driven by benefits including tax-free gains u/s 10(10D), availability of US Dollar denominated market...
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