McKinsey said organisations would need to simultaneously strengthen...
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Foreign investors pump Rs 45,960 crore this week in Indian stock market
Domestic institutional investors (DIIs), in contrast, turned net...
NSE electronic gold receipts log record trading volumes on Dhanteras
“The record volumes and EGR creation witnessed on Dhanteras are...
LIC expects limited impact from IRDAI’s proposed commission reforms, higher-cost insurers may face pressure: CEO
R Doraiswamy,CEO and Managing Director On LIC's growth priorities for FY2027, he said the insurer would focus on expanding individual term insurance, savings, annuity and unit-linked insurance products (ULIPs), alongside strengthening its health-related offerings....
SEBI proposes mandatory anti-money laundering certification for principal officers of market intermediaries
The proposed requirement seeks to establish a common minimum standard of knowledge and professional competence among principal officers responsible for implementing anti-money laundering and countering the financing of terrorism (AML/CFT) regulations. New Delhi: The...
Gold ETF folios jump 2.6x in 3 yrs, outpaces large-cap funds: Report
According to the analysis, the total AUM of gold ETFs has climbed to nearly Rs 1.9 lakh crore, equivalent to almost half of the roughly Rs 4 lakh crore managed by large-cap equity funds. MUMBAI: Investors are increasingly chasing the rally in gold prices through...
Star Health settles over ₹780 crore in cancer claims in H1 FY27
Women accounted for approximately 60% of these cancer claims, with settlements for women increasing 17% Year-on-Year. These figures illustrate the scale of financial support accessed by insured women and their families during cancer treatment. Chennai: Star Health and...
India’s automobile retail sales stand at over 31.72 lakh units in Oct, EVs at all-time high
The clearest bright spot was electrification. EV retails touched an all-time high of about 3.55 lakh units, up 44.88 per cent year-on-year, lifting overall EV penetration to roughly 11.5 per cent from about 6 per cent a year ago — a best-ever October for electric...
IRDAI chief calls for focus on protection adequacy to achieve Insurance for All
Ajay Seth, Chairman IRDAI, Michel Khalaf, President and CEO of MetLife Inc and Ashok Chandra, Managing Director and CEO of Punjab National Bank at a panel discussion on “India 2047: The Future of Insurance, Innovation and Inclusion” “Our first 25 years in India have...
India puts food before fuel as El Niño dents ethanol ambitions
A severe El Niño this year cut India's monsoon rainfall by nearly 13% from normal levels, and concerns about crop shortages sent corn and sugar soaring some 40% to hit record highs, while rice — another ethanol feedstock — climbed 20%. Retail food inflation...
AI-based cyber threat executing unauthorised fund transfers from banking firms: Cert-In
Cert-In said that continued analysis of incidents reported by affected entities, including non-banking financial companies (NBFCs), digital lending platforms, fintech entities, payment aggregators, payment service providers and cryptocurrency exchanges or virtual...
SBI vows to strengthen cybersecurity after data breach
C S Setty,Chairman.SBI SBI is also working with the banking industry to establish a common sandbox, or controlled testing environment, to evaluate artificial intelligence models and identify potential cybersecurity threats. Mumbai: State Bank of India (SBI), the...
IRDAI urges insurers to adopt face authentication
Insurers were told to avoid forcing visitors to their website to part with personal details such as mobile number, as a condition for getting access to information or generating a quote. Hydearabad: A workshop on Aadhaar Authentication, DigiLocker and Dark Patterns...